5D·

Paychex first purchase📄📃

After the partial sale of $BATS (-0.33%) the proceeds were invested directly in $PAYX (-0.88%) invested. With the initial purchase, I secured a personal dividend of ~4.7%. Further purchases are planned in the near future.

04.05

Paychex

Bought x50 at €79.46

€3,973.00

6 Comments

fund_navigator_elshq@fund_navigator_elshq

I'm also in, but with a 1 cent higher buy-in 😆

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Poor Dad@PoorDad

@fund_navigator_elshq Top compounder of this Paychex

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Heinrich@Heinrich00

Selling winners to buy losers....

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Poor Dad@PoorDad

@Heinrich00 I also bought BATS when it was a loser 🙃

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Dividenden-Penner@Dividenden-Penner

You want to earn dividends and sell the share with a higher dividend yield for a share with a lower yield? Or have I missed something?

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Poor Dad@PoorDad

@Dividenden-Penner Paychex's dividend is minimally lower. Dividend growth plays a bigger role here. If $PAYX raises the dividends for next year by 10% again, then I will break even with the dividends. And in 10 years you can't compare my personal dividend yield with the one I had on BATS.

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