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| Alcide Bennet and Brandon Renfro |
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| ''Valuation, Dividend Yield, and the Expenditure Savings Multiple'' |
| ( 2020, Vol. 40 No.1 ) |
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| In this paper we examine the relationship between valuation, dividend yield, and the ability to sustain a retirement spending goal through dividends. We call our measure the expenditure savings multiple. Our measure helps frame the question as to whether a retirement spending goal can be satisfied through dividends alone. |
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| Keywords: Valuation, Dividend Yield, Retirement |
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| Manuscript Received : Dec 03 2019 | | Manuscript Accepted : Feb 05 2020 |
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