RE:RE:RE:Canadian Ben Graham Stock
Torontojay wrote:
pennydredful wrote: Dividend has been ..56 for many years. Tangible book is I believe negative. What was the other company ?
I never said anything about tangible book value. You did.
Benjamin Graham required 20 years of uninterrupted dividend payments and didn't require dividend growth.
It should read 5 years of ">= 0 " Dividend growth
Is that better?
Nope... the use of the word "Growth" means getting bigger or more..
I don't care how hard pressed you are to find companies that fit, I'll give you the allowance of 5 years over 20 and your statements still fail.
Graham's formula is based on the mature US Market, it is extreamly hard to make it fit on the TSX, SHG, JPX, LON, ASX ect... so don't try