1Yr·

Now that I have partially switched to Trade Republic, I made my first purchase today ( tranche 1/3).

Purchased was the Packaging Corp of America, so to speak the Dunder Mifflin of reality ;) @RealMichaelScott

Here are a few key data for those interested:

Dividend growth: approx. 10% ( 5Y)

Dividend continuity: 13Y

Payout ratio: 29,5%

Equity ratio: 45.82


Valuation also looks good and the company is growing solidly. I am aware that I am not expecting a price rocket due to the industry. However, I particularly like the company as a solid anchor. I also find the share buybacks very palatable ( 2022 for $522.5 million )


05.02
Packaging Corp logo
Bought at €121.33
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5 Comments

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What do you mean by "Dunder Mifflin of reality"? 😱😱😱 Are you saying Dunder Mifflin is not real? 😫
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Thanks for sharing. These are exactly the companies I'm looking for in my portfolio. Something unknown, boring and great companies. 🥰
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The Michael Scott Paper Factory?😂💪🏽
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