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Abstracts prior to volume 5(1) have been archived!

Issue 5(1), October 2010 -- Paper Abstracts
Girard  (p. 9-22)
Cooper (p. 23-32)
Kunz-Osborne (p. 33-41)
Coulmas-Law (p.42-46)
Stasio (p. 47-56)
Albert-Valette-Florence (p.57-63)
Zhang-Rauch (p. 64-70)
Alam-Yasin (p. 71-78)
Mattare-Monahan-Shah (p. 79-94)
Nonis-Hudson-Hunt (p. 95-106)



JOURNAL OF ACCOUNTING AND FINANCE

Do Stocks with Dividends Outperform the Market during Recessions?


Author(s): Albert Williams, Mitchell Miller

Citation: Albert Williams, Mitchell Miller, (2013) "Do Stocks with Dividends Outperform the Market during Recessions?," Journal of Accounting and Finance, Vol. 13, Iss. 1, pp. 58 - 69

Article Type: Research paper

Publisher: North American Business Press

Abstract:

This study compared the returns of stocks with dividends with the returns of the market. It compared the
S&P 500 Dividend Aristocrat Index with the S&P 500 Index. Results showed that over the recovery and
recessionary phases of the last two business cycles, the S&P 500 Dividend Aristocrat Index outperformed
the S&P 500 Index by 6.45 percent per annum. This implies that stocks with dividends outperformed the
market in recessions.