search query: @indexterm DIVIDEND POLICY / total: 136
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| Author: | Lettau, M. Ludvigson, S.C. |
| Title: | Expected returns and expected dividend growth |
| Journal: | Journal of Financial Economics
2005 : JUNE, VOL. 76:3, p. 583-626 |
| Index terms: | Dividend policy Finance Risk premium |
| Language: | eng |
| Abstract: | This article examines a consumption-based present-value relation that is a function of future dividend growth. The writers find that changing forecasts of dividend growth are an important feature of the post-war U.S. stock market. |
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