The High Dividend, High Yield Return Advantage
May 31, 2009
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One of my favorite blogs, the Mr. Market Blog, has consistently posted classic essays on value investing. I really recommend reading this blog especially on Sundays when the editors dig up old articles and essays on Walter Schloss.
Below is an paper dug up by the Mr. Market blog- it comes from Tweedy Browne and talks about High Dividend Yield stocks.
Excerpt (Via Mr. Market Blog)
“In Tweedy, Browne’s experience highy dividend yields are often associated with stocks selling at low prices in relation to earnings, book value, and specific appraisals of the value that shareholders would receive in a sale of the entire company….”
