The Academics Say Dividend Investing Is a Fad

As a group, investors are loving dividends right now. Just look at the attention dividends articles have gotten on the Fool.com website. Dan Dzombak's discussion of his high-yield portfolio is currently the most popular article on the website, but in recent weeks readers have also gone gaga for Brian Richards' crazy-simple dividend strategy and Anand Chokkavelu's warning about sky-high dividend yields. I have a feeling that this attention to quarterly cash payouts will be a passing fancy. And I wrote exactly that when I called dividends a fad. Of course at the time I was going largely on gut.... Read more