By Kelley Wright
A well timed follow-up to the bestselling vintage Dividends Don't Lie
In 1988 Geraldine Weiss wrote the vintage Dividends Don't Lie, which taken with the Dividend-Yield thought as a mode of manufacturing constant earnings within the inventory marketplace. this day, the method of utilizing the dividend yield to spot values in blue chip shares nonetheless outperforms such a lot funding tools on a risk-adjusted basis.
Written by way of Kelley Wright, handling Editor of Investment caliber Trends, with a brand new Foreword by means of Geraldine Weiss, this publication teaches a value-based technique to making an investment, one who makes use of a stock's dividend yield because the fundamental degree of worth. instead of emphasize the cost cycles of a inventory, the company's items, marketplace process or different elements, this advisor stresses dividend-yield patterns.* information a simple procedure of making an investment in stick-to-quality blue-chip shares with trustworthy dividend histories
* Discusses how you can purchase and promote whilst dividend yields coach you to do so
* traders trying to find safeguard and transparency will quick realize how dividends provide the yields they desire
With Dividends nonetheless Don't Lie, you'll achieve the boldness to make refined inventory marketplace judgements and procure good price in your funding funds.
Read Online or Download Dividends Still Don't Lie: The Truth About Investing in Blue Chip Stocks and Winning in the Stock Market PDF
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Extra resources for Dividends Still Don't Lie: The Truth About Investing in Blue Chip Stocks and Winning in the Stock Market
Sample text
Beta coefficient lines are calculated using a 60-month regression. In this example, the beta coefficient for CocaCola is calculated using 60 monthly observations of returns for CocaCola from January 1, 2004 to December 31, 2013, and returns for the S&P 500 Index for the same time period. Beta is the covariance between returns for Coca-Cola and returns for the S&P 500 divided by the variance for the S&P 500. 3) 22 CORPORATE VALUATION USING THE FREE CASH FLOW METHOD BetaKO =the slope of the regression line between returns for the market and returns for Coca-Cola AlphaKO = the intercept coefficient for the regression line between returns for the market and returns for Coca-Cola (Rm) =the return on the S&P 500 stock market index (Rm − RF) =the market risk premium is the additional return that stockholders receive for the additional risk of holding stocks rather than the risk-free asset, long-term government bonds.
This is the value that is used as the estimate of long-term growth for Coca-Cola. 1 shows GDP for the 10-year time period. The change in GDP is positive for 9 of the 10 years. The only year with negative growth is 2009. 2 shows the change in GDP for each of the 10 years. 88 GDP in billions of current dollars *GDP, gross domestic product. 2 Change in gross domestic product (GDP), 2004–2013 CHAPTER 4 Calculating the Beta Coefficient and Required Rate of Return for Coca-Cola In Chapter 4, we demonstrate how to compute the required rate of return for Coca-Cola using modern portfolio theory (MPT) with data downloaded from the Internet.
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