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Larry Swedroe: No Refuge In Dividend Stocks

FYI: Despite the fact that traditional financial theory has long held that dividend policy should be irrelevant to stock returns, one of the biggest trends to occur in recent years has been a rush to invest in dividend-paying stocks. The heightened interest in these assets has been fueled both by media hype and the current regime of interest rates, which are well below historical averages.
Regards,
Ted
http://www.etf.com/sections/index-investor-corner/swedroe-no-refuge-dividend-stocks

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