{"id":2976,"date":"2023-06-01T00:01:00","date_gmt":"2023-05-31T22:01:00","guid":{"rendered":"https:\/\/alexander-zureck.de\/dividend-as-passive-income-unjustified\/"},"modified":"2025-07-31T20:35:06","modified_gmt":"2025-07-31T18:35:06","slug":"dividend-as-passive-income-unjustified","status":"publish","type":"post","link":"https:\/\/alexander-zureck.de\/en\/dividend-as-passive-income-unjustified\/","title":{"rendered":"Dividend as Passive Income Unjustified"},"content":{"rendered":"\n

The German stock corporations will distribute 75 billion in dividends, mainly in May 2023, and the DAX also rose to its new all-time high of 16,331 points in this month. In other words, May is really a stock market month! However, May is also repeatedly associated with the stock market wisdom “Sell in May and go away” (publicistic explanation<\/a>*). However, if you look at scientific studies, such as the study “The Halloween indicator, “Sell in May and Go Away”: Everywhere and all the time” by Cherry Y. Zhang and Ben Jacobsen from 2021, the effect can be proven. However, the market performs on average only 1% worse between May and October than between November and April. Accordingly, I prefer not to devote myself to the well-known calendar anomaly, but to the dividend! <\/p>\n\n

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