Scott Burns on the Merits of Dividend-Paying Stocks
Posted: Fri Aug 15, 2003 11:07 pm
Excerpt:
"In the late '70s, even as rising interest rates crushed stock P/E ratios down to eight times earnings, Equity-Income continued to produce superior returns, as did most of the handful of equity-income funds then in operation. "
http://www.dallasnews.com/business/scot ... 417ad.html
"In the late '70s, even as rising interest rates crushed stock P/E ratios down to eight times earnings, Equity-Income continued to produce superior returns, as did most of the handful of equity-income funds then in operation. "
http://www.dallasnews.com/business/scot ... 417ad.html