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Breaking down the S&P 500 by dividend yield into 10 groups of 50 stocks each, Bespoke finds...

Monday, December 31, 2012, 12:44 PM ET
Breaking down the S&P 500 by dividend yield into 10 groups of 50 stocks each, Bespoke finds the highest yielders (which include a lot of Utilities) at 2012's start were the year's worst performers - falling an average 0.6% vs. the average S&P stock gain of 12%.

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This news story has 2 comments:

wapiti Comments (472)

This is the Costanza market- cos. that make lots of money and pay dividends underperform and lower quality speculative companies outperform. kinda reminds me of 1999-2000. So as George Costanza would do- do the opposite of what makes sense and you'll do fine.

31 Dec 2012, 01:14 PM Reply Like

Hank890 Comments (120)

Utilities go through cycles where they are under-valued. They are not under-valued because they pay dividiends (which the article seems to imply),...if they did not pay dividends, they would have lost more in the past year.

31 Dec 2012, 06:15 PM Reply Like

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