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3 comment(s). Last comment by calvintaneng 2024-01-16 16:52

calvintaneng

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Posted by calvintaneng > 2024-01-16 16:51 | Report Abuse

WHY IS DIVIDEND IMPORTANT? From Dr Neoh Soon Kean's STOCK MARKET INVESTMENT (Reposted by Calvin Tan)

calvintaneng

56,679 posts

Posted by calvintaneng > 2024-01-16 16:52 | Report Abuse

Calvin comments:

According to Dr. Neoh, "A dividend yield of 12 per cent seems to be the floor below which most stocks will not drop".

In the Deepest Depth of the Lehman Brothers' Crisis after Bear Sterns & Lehman Brothers both gone bankrupt Warren Buffet bought into the safety of Goldman Sachs' Preference shares with guaranteed 10% yield.

Now take heed to Dr. Neoh's warning, "In sharp contrast, shares which pay low or no dividend at all do not seem to have any bottom and price decline can hit 90 per cent or more".

The characteristic of past bear markets like the Tulip Mania, The South Sea Bubble, The Great Depression of 1930s in USA, the Stock Market Rout of Asian Finacial Crisis in 1997/8 and The Lehman Brothers' Debacle of 2007/8 have witnessed many stocks & index crashing up to 90% or more.

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