Investing in dividend stocks emphasizes the three words "slow, steady, and patient." These three words may seem simple but few people can actually achieve them because compared to the excitement of making quick profits, this investment approach is really too boring.
Reviewing the performance of dividend stocks at the end of 2022 (article dated 3 Jan 2023), the average return of the top 30 dividend stocks was 7.19%, with a ratio of 20:10 for increases versus decreases. In the same year, the USA's S&P500 dropped by 19.44%, and Malaysia's FBMSCAP dropped by 5.30%. Many readers commented that it was simply luck as the dividend stocks happened to be bouyed up at the end of the year.
Looking at the performance of dividend stocks at the end of 2023 (article dated 31 Dec 2023), the average return of the top 30 dividend stocks was 13.82%, with a ratio of 23:7 for increases versus decreases. In the same year, the USA's S&P500 rose by 24.23%, and Malaysia's FBMSCAP rose by 9.57%. Still, many readers felt that it was simply luck.
As of October 13, 2024, the average return of the top 30 dividend stocks from the beginning of the year until now is 24.20%, with a ratio of 28:2 for increases versus decreases. Among these:
18 of them have increased by 20% or more
The increase in the six companies reached 10% or more.
Only 2 companies experienced a decrease of 5% or more.
In 2024, the performance of dividend-paying stocks can only be said to be unexpectedly good, mainly because these dividends are generous, and companies with a solid foundation have become a safe haven for funds in the market downturn.
The market's downturn in the second half of 2024 mainly occurred...