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Dividend yield as a superior investment strategy
Dissertation (MBA)--University of Pretoria, 2013.
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| Format: | Thesis |
| Language: | English |
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University of Pretoria
2014
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| _version_ | 1867613714152161280 |
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| access_status_str | Open Access |
| author2 | Thaver, Kuben |
| author_browse | Thaver, Kuben |
| author_facet | Thaver, Kuben |
| collection | Thesis |
| dc_rights_str_mv | © 2014 University of Pretoria. All rights reserved. The copyright in this work vests in the University of Pretoria. No part of this work may be reproduced or transmitted in any form or by any means, without the prior written permission of the University of Pretoria. |
| description | Dissertation (MBA)--University of Pretoria, 2013. |
| format | Thesis |
| id | oai:repository.up.ac.za:2263/40563 |
| institution | University of Pretoria (South Africa) |
| language | English |
| last_indexed | 2026-06-10T12:40:31.851Z |
| license_str | Other — see source repository |
| provenance_str_mv | Harvested via OAI-PMH from UPSpace — University of Pretoria Institutional Repository |
| publishDate | 2014 |
| publishDateRange | 2014 |
| publishDateSort | 2014 |
| publisher | University of Pretoria |
| publisherStr | University of Pretoria |
| record_format | dspace |
| source_str | UPSpace — University of Pretoria Institutional Repository |
| spelling | oai:repository.up.ac.za:2263/40563 Dividend yield as a superior investment strategy Thaver, Kuben ichelp@gibs.co.za Fakir, Rashaad UCTD Investment analysis Dividends Dissertation (MBA)--University of Pretoria, 2013. Individual investors and professional fund managers who deploy capital into equity markets are looking to achieve investment returns that outperform the general market. In order to achieve this, the ability to identify and implement strategies and trading rules that are consistently able to outperform the market is critical. It is against this backdrop that this study will attempt to determine whether a trading strategy based on dividend yield can be used to outperform the general market in South Africa. Specifically, this study proposes to test a dividend yield strategy to create portfolios based on historical data on the JSE, and test whether these portfolios have outperformed the JSE Top 40 Index over the period of the study between 2004 and 2012, after adjusting for risk and taxes. This study will also further test whether high yield portfolios outperform low yield portfolios over the same period on the JSE. These trading strategies have proven to be successful in other markets by Dimson et al. (2011) and Visscher and Filbeck, (2003), and this study aims to investigate whether the same holds in South Africa. pagibs2014 Gordon Institute of Business Science (GIBS) MBA Unrestricted 2014-07-07T06:54:33Z 2014-07-07T06:54:33Z 2014-04-30 2013 Mini Dissertation Fakir, R 2013, Dividend yield as a superior investment strategy, MBA Mini Dissertation, University of Pretoria, Pretoria, viewed yymmdd <http://hdl.handle.net/2263/40563> http://hdl.handle.net/2263/40563 en © 2014 University of Pretoria. All rights reserved. The copyright in this work vests in the University of Pretoria. No part of this work may be reproduced or transmitted in any form or by any means, without the prior written permission of the University of Pretoria. application/pdf University of Pretoria |
| spellingShingle | UCTD Investment analysis Dividends Dividend yield as a superior investment strategy |
| title | Dividend yield as a superior investment strategy |
| title_full | Dividend yield as a superior investment strategy |
| title_fullStr | Dividend yield as a superior investment strategy |
| title_full_unstemmed | Dividend yield as a superior investment strategy |
| title_short | Dividend yield as a superior investment strategy |
| title_sort | dividend yield as a superior investment strategy |
| topic | UCTD Investment analysis Dividends |
| url | http://hdl.handle.net/2263/40563 |