Dividend-paying stocks outperform in the long haul

I just ran across this information about dividend-paying stocks outperforming non-dividend stocks in this Motley Fool article about Apple stock. Some of that data is bound to be skewed. For instance, new businesses can’t afford to pay dividends, and I’m sure that new business fail much more than other businesses. If you just put $10,000 into all non-dividend-paying stocks, you would surely choose some bad ones.