Hello all,

as part of my term paper I would like to compare different stock selection strategies. The main strategy is the strategy to select "stocks with the highest dividend yield". What are the advantages and disadvantages of this strategy?

Furthermore, I would like to compare it with the strategy "underpriced Stocks according to CAPM" and "stocks with Low Price/Earnings Ratio". What are the advantages and disadvantages of the strategy "Stocks with the highest dividend yield" compared to the other two strategies?

Thank you very much for your help!