Wolmarans, H.P. (Hendrik Petrus)2007-06-202007-06-202000Wolmarans, HP 2000, 'Does "dividend investing" have value for the South African investor?', Meditari : Research Journal of the School of Accounting Sciences, vol. 8, pp. 229-247. [http://www.meditari.org.za]1022-2529http://hdl.handle.net/2263/2781A number of portfolio strategies have been proposed, based on the dividend yield of a small number of large companies. It has been suggested that, by following any one of these strategies, a return that is superior to that of the market can be obtained. In this paper, these portfolio strategies are tested for investors on the Johannesburg Stock Exchange. However, not only are strategies based on dividend yield scrutinized, but also comparable strategies based on earnings yield. The average return of various portfolios, selected in accordance with four methods of ranking, are compared. The major finding is that earnings yield is a better ranking method than the dividend yield method.199787 bytesapplication/pdfenSchool of Accounting Sciences, UPDividend yieldEarnings yieldInvestment strategiesDividends -- South AfricaInvestments -- South AfricaArticle