Dividend-Paying Stocks
The table below shows annualized returns for the period 1974-2013 for different categories of U.S. stocks (source: CRSP, University of Chicago, 2014). The table includes all publicly traded companies in the U.S. with at least a $1 billion market capitalization.
Annualized Returns: 1974-2013
|
Stocks over the previous 12 months… |
Return |
|
that grew or initiated dividends |
15.3% |
|
with no dividend change |
10.6% |
|
that cut or eliminated dividends |
7.0% |
|
that paid no dividends |
10.0% |