RT Journal Article SR Electronic T1 Practical Applications of Dividend-Price Ratios and Stock Returns: International Evidence JF Practical Applications FD Institutional Investor Journals SP 1 OP 3 DO 10.3905/pa.2014.2.2.075 VO 2 IS 2 A1 Bradford Cornell A1 Gauri Goyal YR 2014 UL https://pm-research.com/content/2/2/1.10.abstract AB Dividend-Price Ratios and Stock Returns: International Evidence Bradford Cornell Bradford Cornell has some sobering advice for investors seeking to predict returns on the basis of dividend-price ratios: “Be very skeptical. Don’’t feel with any confidence that you can predict future returns using the dividend-price ratio. ”The Visiting Professor of financial economics at the California Institute of Technology , debunks conventional research to show that the positive links between dividend yields and future returns are largely a product of historical circumstances.In Dividend-Price Ratios and Stock Returns: International Evidence , Cornell, also a hedge fund manager at San Marino Business Partners , expands on his prior research in Dividend-Price Ratios and Stock Returns: Another Look at the History to examine non-U.S. markets.TOPICS: Accounting and ratio analysis, statistical methods, global