PT - JOURNAL ARTICLE AU - Bradford Cornell ED - Goyal, Gauri TI - Practical Applications of Dividend-Price Ratios and Stock Returns: <em>International Evidence</em> AID - 10.3905/pa.2014.2.2.075 DP - 2014 Oct 31 TA - Practical Applications PG - 1--3 VI - 2 IP - 2 4099 - https://pm-research.com/content/2/2/1.10.short 4100 - https://pm-research.com/content/2/2/1.10.full 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