RE: Predictions this week?16 Oct 2023 12:57
SK,
Dividends are cash rewards, retained earnings boost the SP. Its left pocket right pocket in many cases.
See US stocks. They offer minimal dividends, but much better growth because they are able to retain earnings (better balance sheet), reduce debt (ditto), re-invest (future growth and innovation), buy back shares etc.
You seem to be placing far too high a value on big dividends. Depends how old you are I suppose.