Peter Gratton, Ph.D., is a New Orleans-based editor and professor with over 20 years of experience in investing, risk management, and public policy. Peter began covering markets at Multex (Reuters) ...

Dividends in retirement accounts like Roth IRAs are not taxed. Tax on dividends depends on income; lower brackets may not owe anything. Return of capital dividends increase future capital gains tax.

Citations: Leone, Andrew J., Art Kraft, Charles Wasley. 2007. Regression-based tests of the market pricing of accounting numbers: The Mishkin Test and Ordinary Least Squares. Journal of Accounting ...