The future has begun to change for the U.S. stock market. After mostly flatlining since the end of 2012-Q1's earning season, expectations for the amount of dividends expected to be paid in the future began to decline in mid-October 2012 as the outlook for dividends has worsened.
Meanwhile, when it comes to stock prices, investors appear to be focused on the very near term, with the change in the expected growth rate of trailing year dividends per share for the fourth quarter of 2012 setting the pace for the change in the year-over-year growth rate...
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