The effects of dividend yield and dividend policy on common stock prices and returns

Risk, Return, and Equilibrium: Empirical Tests

Eugene F. Fama, James D. MacBeth · Journal of Political Economy · 1973 · 14.9K citations

Empirical Finance, Investment Strategy, Economics +12

Dividend Policy, Growth, and the Valuation of Shares

Merton H. Miller, Franco Modigliani · The Journal of Business · 1961 · 6.6K citations

Empirical Finance, Payout Policy, Economics +14

The Capital Asset Pricing Model: Some Empirical Tests

Fischer Black, Michael C. Jensen, Myron S. Scholes · 1972 · 2.7K citations

Dividends, Earnings, and Stock Prices

Myron J. Gordon · The Review of Economics and Statistics · 1959 · 1.3K citations

Empirical Finance, Payout Policy, Financial Economics +14

Portfolio Theory and Capital Markets.

William J. Breen, William F. Sharpe · The Journal of Finance · 1972 · 1.2K citations

William Sharpe, Asset Allocation, Portfolio Management +17