Definitely interest rate cuts in September might affect banks earning in the short term. But like I mention in the video, I feel that as they shift into less dependency on interest income, they will still continue to do well. That's why if you see their historical dividends, they are still constantly able to increase their dividends with ease. This shows how good and resilient they are. Moreover, they are only giving 50% dividend payout compared to Reits of 90% dividend payout.
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Awesome.
Thanks!! 🙏
Good analysis. 👍👍👍👍
Thanks for the compliment! 🙏🫡
Thks thks.
Haha thanks again.
With the possibility of interest cut in September, should we sell them now ?
Definitely interest rate cuts in September might affect banks earning in the short term. But like I mention in the video, I feel that as they shift into less dependency on interest income, they will still continue to do well.
That's why if you see their historical dividends, they are still constantly able to increase their dividends with ease. This shows how good and resilient they are. Moreover, they are only giving 50% dividend payout compared to Reits of 90% dividend payout.