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Financial Analysts Journal Volume 56, 2000 - Issue 6
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VALUATION

Spread-Driven Dividend Discount Models

Martin L. Leibowitz Martin L. Leibowitz is vice chairman and chief investment officer at TIAA-CREF.
Pages 64-81 | Published online: 02 Jan 2019

References

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  • Miller, Merton H., and Franco Modigliani. 1961. “Dividend Policy, Growth, and the Valuation of Shares.” Journal of Business, vol. 34, no. 4 (October): 411–433.
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  • Rappaport, Alfred. 1998. Creating Shareholder Value. New York: The Free Press.
  • Rappaport, Alfred, and Michael Moubassin. Forthcoming 2000. Expectations Investing.
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  • Williams, John B.. 1938. The Theory of Investment Value. Amsterdam: North-Holland Publishing.

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