Just bought my first position in NN Group, confident in the future of this company, moreover they are still paying a wonderful Dividend.
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9About to lose my job. This month I only added only €500 to my portfolio.
-Just bought 3 shares of $NN (-0.36%) to lower my average share price.
-Added €200 to my Robeco funds
-Cash deposit €150
$NN (-0.36%) is such a solid stock, this year they raised the dividend by an amazing 15%.
One of my premium assets is $NN (-0.36%) To be fair the credits have to go to @LevenvanDividend He was the one putting NN on my radar.
What is your asset that you found thanks to somebody else?
Yes indeed too much noordusa always had a lot of interest in it, so I want to $NN (-0.36%) buy and $ASRNL (+0.74%)
add on and add to the euro div etf to spread something outside USA. Also $KPN (+0.51%)
and $WKL (+2.87%) seem interesting to me. I am indeed trying to keep under 10% by own money, but if by growth I get above that, I would be fine with that. (Let your runners run)
Growth indeed I am looking at: $SBUX (+3.28%) and $CMI
$DE (+2.74%)
$HSY (+0.38%)
$TRV (+1.16%)
$APD (+1.5%)
$MCO (+0%)
$ADP (+0.72%)
But also for a little more dividend $MAA (+2.06%)
$TD (+1.16%)
$AFL (+1.2%)
$AVB (+0.88%)
Main I bought when it was very low and interest rates were also very low, so so the risk was much less. Only bought once. I may well stay away from this for a long time and use the dividend for the dividend snowball.
Otherwise quite difficult to stick with these boring and safe stocks, but this is what I like and sleep best with. (Slow but "sure")
Fantastic explanation everything was indeed correct how I think about it and this helps me tremendously to persevere, thank you Paul.
Thanks for your review: https://youtu.be/7-xomL4oDBM?si=v-JueJwSOVPHQeYZ
I'm curious what you guys think of this YouTube money tree show
One of my favorite Dutch dividend growth stocks $NN (-0.36%) raised dividend by a staggering 15%. It's an insurance company returning very strong capital to shareholders.
Dividend yield at current price is 8%
Divided CAGR over past 8 years is 10%
Future dividend CAGR until '25 is expected to be at least 8%
Annual buybacks 300M euro's
A+ credit rating, 197% solvency, conservative payout ratio
I consider buying a bit more, even though I already have a 'full' position. What do you think about NN Group?
The NN Group is an insurance and investment management company from the Netherlands. It is active in Europe and Japan. It offers various insurances (life, liability, travel, health, transport), pensions and investment products/advice. It employs approximately 14,700 people.
Turnover: In 2014, 13.54 billion euros were turned over. In 2020, this grew to 19.96 billion, but was slightly higher in 2019 at 20.45.
Profit (after taxes): In 2014, this was Eur 627 million. In 2020, it was already possible to report 1.93 billion. However, this was also slightly higher in 2019 (Eur1.99 billion). In addition, significant decreases were recorded in 2016 with -25% and 2018 with -47%, but +79% in 2017 and 75% in 2019.
Finances: The EC ratio was 12.9% in 2014 and could be improved to 14.7% by 2020. Total assets are increasing almost annually and amounted to Eur 263.7 billion in 2020 (2014: Eur 165.5 billion).
Share: According to the half-year report (08/2021), 309 million shares are outstanding. With the figures from 2020, this results in earnings per share of Eur 6.23 and sales per share of Eur 64.52. The share price is currently at 51.74 Eur. This results in a KUV of 0.8 and a P/E ratio of 8.31.
Analysts (from TR) issue a target price of 50.18 Eur.
Dividend: The dividend has been continuously increased since 2014 and amounted to Eur 2.33 per share for 2020, which corresponds to a yield of 4.5%.
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