Security Analysis 480

“Since the market value in most cases has depended primarily upon the dividend rate, the latter could be held responsible for nearly all the gains realized by investors.” from Security Analysis, by Graham, Dodd amd Cottle 4th edition, 1962 p.480 Does this sentence say that as the dividend increases, the price does too?

comments/security_analysis_480.txt · Last modified: 2008/10/16 12:46 (external edit)
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