Suppose you look back over the past 10 years and identify firms that have increased dividends every

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Suppose you look back over the past 10 years and identify firms that have increased dividends every year. You notice that these stocks outperformed the broader market over the decade too. Does this violate efficient markets? Do you think buying stocks based on past dividend growth will lead to above-average future returns?

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Related Book For  answer-question

Fundamentals Of Investing

ISBN: 9780135175217

14th Edition

Authors: Scott B. Smart, Lawrence J. Gitman, Michael D. Joehnk

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