Subsequent purchase Nestle $NESTLE

My first share purchase in 2024 was in February $NESN (-0.89%) .

I often think about which stocks will still be going strong decades from now. Boring sectors that are essential to life, such as food & drink, are among them. Boring, but a great fit for my portfolio to benefit from share prices and personal dividend yields in the long term.

I buy Nestle for the following reasons:

• With a market capitalization of over 250 billion, it is one of the largest companies in the non-cyclical consumer/food sector
• The entry point is currently at over 3% dividend yield
• Has been increasing its dividend for over 25 years

I have waited a long time to buy the share again at an exciting price. Over the next few years, I will continue to buy here occasionally when prices are low.