Part 2/11:

Dividends are inherently attractive because they offer a consistent payout for just holding onto a stock. Investors frequently equate these payments as akin to cash flowing into an account without any active management or effort. The resilience of dividends is particularly appealing during market downturns, as they still provide income even when share prices are volatile. Historically, when companies commit to paying dividends, there exists an implied market expectation that they will continue to do so, adding credibility to the stability of such investments.