Hi 🙋♂️
Another additional purchase in the last week was $FRG I already had 30 shares of this in my portfolio and now 70 more shares were added ✌️.
The business model is as boring as it sounds. The goal is to "acquire, manage and grow franchises.
In the long term, the company is aiming for a payout ratio of 25%, but it is still a long way off. The dividend was therefore increased again at the beginning of December. By 67% 😅. I expect further increases, although perhaps not at this level 💪.