Hi, Im currently researching dividend stocks and I know the general rule of thumb and things to look out for, however I did find some stocks that were exceptions to the rule and seem better for it, so Im hoing if there are any people here who have experience in holding dividend stocks can clarify my doubts.
1
5
Amina28 OP 72783492 : Basically Ive been told that stocks with higj dividend yields are bad, which has been my consensus too, since researching stocks on the SGX filtered by highest yield, most of them showed really bad stocks or companies just on the downhill, but I came across one at 55% yield, a 7 cent stock with a quarterly dividend payment of 1 cent. And looking at the stock history its stayed roughly at that number for the last few years. So Im confused as to whether this is a good stock or a bad stock. the stock in question is FSL trust btw.