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| Content Provider | Springer Nature Link |
|---|---|
| Author | Brzeszczyński, Janusz Gajdka, Jerzy |
| Copyright Year | 2007 |
| Abstract | This study presents an analysis of dividend-driven trading strategies based on dividend yield growth effects in the Polish stock market in the years 1994–2004. Results indicate that the dividend yield growth portfolios were capable of beating the market in the entire sample period. Their performance, however, was not consistent over time and the highest returns were obtained during final years. Empirical findings based on the analysis of different types of portfolios demonstrate the importance of dividends as a source of significant fundamental information items from stock market companies. At the same time, they show that a dividend investment strategy for the Polish stock market is most successful when the selection of stocks for the dividend yield growth portfolios is subject to further restrictions, most notably concerning company size. |
| Starting Page | 285 |
| Ending Page | 300 |
| Page Count | 16 |
| File Format | |
| ISSN | 10830898 |
| Journal | International Advances in Economic Research |
| Volume Number | 13 |
| Issue Number | 3 |
| e-ISSN | 1573966X |
| Language | English |
| Publisher | Kluwer Academic Publishers-Plenum Publishers |
| Publisher Date | 2007-03-14 |
| Publisher Place | New York |
| Access Restriction | One Nation One Subscription (ONOS) |
| Subject Keyword | Dividend yield growth Emerging market Investment strategy Portfolio analysis Stock market Economic Growth Microeconomics International Economics Macroeconomics/Monetary Economics Economics general |
| Content Type | Text |
| Resource Type | Article |
| Subject | Economics and Econometrics |
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