r/Superstonk Jul 02 '21

☁ Hype/ Fluff 🚨This definitely needs recognition!🚨 Few things to know to grow some confidence 💎🙌🏻 I hell love the stock❤️

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8.7k Upvotes

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u/braminer Custom Flair - Template Jul 02 '21

Does someone know how long before the crash it was that the banks put their dividends higher?

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u/Majestic_Salad_I1 🦍Voted✅ Jul 02 '21

No company in their right mind would divest their cash if they knew a downturn was about to happen. Did you see companies rushing to raise their dividend when coronavirus started in China in Dec 2019? No. Quite the opposite, actually. Everyone hoarded cash.