Dividend stocks are companies that gives up on growing, they are telling the investor we do not know what to do with the cash or how to use the profit to grow the company. In the long run, dividend stocks will lose market value. Google "Chamath Palihapitiya's case against stock buybacks, dividends". YTL, Genting, Digi, Maybank, Public Bank are dividend stocks that gives good dividends but their market value continues to decline. Don't believe me, look at their 10 years chart.