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Nasseh et al., 2004 - Google Patents

Stock prices and the dividend discount model: did their relation break down in the 1990s?

Nasseh et al., 2004

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Document ID
6351839649754711021
Author
Nasseh A
Strauss J
Publication year
Publication venue
The quarterly review of economics and finance

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Snippet

We examine whether there has been a stable relation between prices and dividends over the past 20 years for firms in the S&P 100. Our results support the present-value model and a close link between stock prices and dividends for most of the sample period. However …
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