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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)

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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.