Here is a copy/paste/translation of MPC Container Homepage...
Oslo, August 18, 2022
The distribution will be made from the previously paid premium, which will be transferred from the company's premium account.
Distribution amount: USD 0.19 per share
Declared currency: USD. Payments to shares registered with Euronext VPS are paid in NOK.
Last day inclusive right: September 21, 2022
Ex-date: September 22, 2022
Effective date: September 23, 2022
Payment date: September 29, 2022
The 0.19$ are safe for now September, had bought 4k at ~2.40€ in August.
What about the forecast dividends according to Finanzen.net?
Will there be a big change soon when container prices return to normal?
And here copy/paste the table from Finanzen.net
MPC Container Ships ASA Registered Share Key figures
2021|2022e|2023e|2024e
Dividend in USD
0,95 0,64 0,67 0,60
Dividend yield (in %)
3,87..36,74..38,42..34,25
Earnings/share in USD
- 0,83 0,90 0,81
P/E RATIO
9,55 2,09 1,95 2,16
Hope you can help me a little further this was my first big investment for dividends
Oslo, August 18, 2022
The distribution will be made from the previously paid premium, which will be transferred from the company's premium account.
Distribution amount: USD 0.19 per share
Declared currency: USD. Payments to shares registered with Euronext VPS are paid in NOK.
Last day inclusive right: September 21, 2022
Ex-date: September 22, 2022
Effective date: September 23, 2022
Payment date: September 29, 2022
The 0.19$ are safe for now September, had bought 4k at ~2.40€ in August.
What about the forecast dividends according to Finanzen.net?
Will there be a big change soon when container prices return to normal?
And here copy/paste the table from Finanzen.net
MPC Container Ships ASA Registered Share Key figures
2021|2022e|2023e|2024e
Dividend in USD
0,95 0,64 0,67 0,60
Dividend yield (in %)
3,87..36,74..38,42..34,25
Earnings/share in USD
- 0,83 0,90 0,81
P/E RATIO
9,55 2,09 1,95 2,16
Hope you can help me a little further this was my first big investment for dividends
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@Tabularasa I cannot and must not recommend them to you.
I halved a position because I expect business to be worse in the future. In this respect, my investment case has changed at this point and prompted me to take this action.
And I'm sure that's what you're doing too, right?
If nothing has changed in your attitude, you don't need to act.
I halved a position because I expect business to be worse in the future. In this respect, my investment case has changed at this point and prompted me to take this action.
And I'm sure that's what you're doing too, right?
If nothing has changed in your attitude, you don't need to act.
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@Tabularasa Perhaps you could give the opinion of the entire community on the investment decision for the share. I don't know mpc at all 😅
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@GoDividend I didn't actually expect business to deteriorate until the middle/end of next year because the order books are full.
The 30% drop in the share price hurts a lot at the moment, but I don't know whether this is profit-taking or due to inflation... I suspect both. How realistic do you think it is for the share price to reach €2.40 again?
I would hate to leave the position with a loss of over 1k+
The 30% drop in the share price hurts a lot at the moment, but I don't know whether this is profit-taking or due to inflation... I suspect both. How realistic do you think it is for the share price to reach €2.40 again?
I would hate to leave the position with a loss of over 1k+
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@Tabularasa Even if everything returns to normal, I'm curious to see how long it will take for my positions to make up for a 30% drop 😅 Crystal ball. 2 years? 10 years? Unfortunately, I can't give you an answer. We are all feeling the pain at the moment. Take a look at my portfolio. It's down a total of around 16% this year too. But as I wrote last night, I'm sticking with it and increasing my positions further (always according to weighting, always following the strategy)
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@GoDividend ok, that's understandable. as you've probably already read/seen, I'm renovating my depot and the current situation and finances are pulling the project along.
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•@GoDividend rather reluctantly. Just thought that because it's the same industry you might be able to help a bit
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