Efficient Portfolio Optimization Results 245
TABLE 9.9 (Continued)
Average Expenditures Number of CompaniesHealth Care
R&D Expenditures 91.69 516
Capital Expenditures 109.28 583
Dividends 79.50 594
Consumer Nondurables
R&D Expenditures 75.24 10
Capital Expenditures 109.28 257
Dividends 79.50 266
Consumer Services
R&D Expenditures 9.29 449
Capital Expenditures 140.35 864
Dividends 11.77 878
Consumer Durables
R&D Expenditures 387.27 108
Capital Expenditures 519.83 197
Dividends 43.11 138
Energy
R&D Expenditures 80.34 57
Capital Expenditures 391.78 219
Dividends 110.58 236
Transportation
R&D Expenditures 0 0
Capital Expenditures 335.10 101
Dividends 18.10 101
Technology
R&D Expenditures 88.66 896
Capital Expenditures 85.42 1,021
Dividends 4.91 1,036
Basic Industries
R&D Expenditures 87.74 148
Capital Expenditures 186.77 278
Dividends 52.35 254
Capital Goods
R&D Expenditures 80.74 265
Capital Expenditures 119.48 384
Dividends 38.31 386
Utilities
R&D Expenditures 545.67 23
Capital Expenditures 1,151.55 202
Dividends 191.82 208