|
|
Detail for
Portfolios Formed on Dividend Yield
|
| Monthly
Returns: |
|
July 1927- October 2024 |
| |
|
|
| Annual
Returns: |
|
1928-2023 |
| |
|
|
| Portfolios: |
|
Dividends
= 0; bottom 30%, middle 40%, top 30%; quintiles; deciles. Firms with zero
dividends are in only the Dividends = 0 portfolio. |
| |
|
|
| Construction: |
|
Portfolios
are formed on D/P at the end of each June using NYSE breakpoints. The dividend
yield use to form portfolios in June of year t is the total dividends paid from
July of t-1 to June of t per dollar of equity in June of t. |
| |
|
|
| Stocks: |
|
All
NYSE, AMEX, and NASDAQ stocks for which we have ME for June of year t, and at
least 7 monthly returns (to compute the dividend yield) from July of t-1 to
June of t. |
|
