>>20184315Here is PBR payout from past few years. It's not guaranteed nor stable. South american stocks usually pay out % of their income as divvy. The moment they get into trouble, share price tanks and divvy is gonners.
KSPI lowered its divvy by 50% in 2021.
CBI divvy in 2021 was almost 0.
There is nothing guaranteed about divvies. You can argue that picking the right stock matters, which is true. But high dividend yield itself is no guarantee of future performance. In fact it's quite often an indicator of issues with the company leading to it being oversold.
