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Hi, I would just like to hear opinion of an finance person on Fu and Blazenko's view on dividends and who had the opposite opinion

Hi,

I would just like to hear opinion of an finance person on Fu and Blazenko's view on dividends and who had the opposite opinion on their research. Also, why dividends matter based on their research?

Here is the research paper I am referring to:

Fu, Y., and Blazenko, G. (2015) Returns for dividend-paying and non-dividend paying firms,

International Journal of Business and Finance Research,

9, 2, pp.1-20.

Thank you

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