1Yr·

$MPCC (-1.36%) Expansion of my #dividendendepot

#quartalsdividende and not from bad parents. Plus low #kgv . What do you think?

#stockanalysis
#dividends
#dividendenguru

4 Comments

Dividendenopi👴@Dividendenopi

1Yr

Don't be blinded by the high dividend yield. The share price has already run a bit hot in the meantime. I got out 2 months ago with my stake at a good plus and am only letting my profits run on. Not a buy for me at the current price

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peter L.@hansteufel

1Yr

Well, the good dividend yield is still an argument :)

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Dividendenopi👴@Dividendenopi

1Yr

@hansteufel if it continues to run at this level, you can use it to offset losses 😉

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Chris@market_genius_221

1Yr

I hardly see any risk here.
Of course, there should always be a risk assessment, but seriously:

Equity ratio of around 80%. Not a single ship is more than 20 years old. Many ships commissioned in the last decade. Capacity utilization is extremely high until next year and freight rates are unlikely to fall sharply (if they don't in times of crisis!).
All this for a dividend yield of around 25%-30%.
This is practically a foolproof investment (even at €1.80).

Only exogenous shocks could have an impact (China attacks Taiwan, tariff war escalates completely, etc.) But you always have that risk everywhere... The company itself is doing very well.

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