I know I still owe the second part and am already working on the third part.... and ask for your indulgence. The more queries I get, the more information I collect and the more I want to share. As a placeholder $HAUTO (-0,48 %) , $VAR (+0,74 %) , $EQNR (-0,7 %) .....

Since the topic of advance exemption from Norwegian withholding tax has come up again and again recently in order to avoid the - in the eyes of some - laborious process of applying for it in Norway and at the German tax office, I have taken a closer look at DKB, which was mentioned by @SAUgut777 DKB, which was mentioned in this context.

The upstream AI is really stubborn, resistant to questions and in the end just as unfriendly as my questions 😂😂👍, but at least I was then allowed to send the conversation to DKB in a contact form filled out by the AI that contained all the relevant points 👌👌. And from then on, I had to deal with real people who were very friendly and cooperative. At this point, a big compliment to DKB's customer service and the quick reactions, I was more than positively surprised!!!

The end result is that DKB is the only bank so far to offer this service for my inquiries, but the core sentence :

"Dear Mr. Wxxxxx,

an advance waiver is not offered. This is an advance reduction. In accordance with the DTA between Norway and Germany, the Norwegian withholding tax rate is reduced from 25% to 15%.

I wish you a pleasant day."

For DKB account holders, this means that they will get back the 10% that the Norwegian tax authorities refund for you in the way I have described. According to DKB's fee overview, there is a fee of € 30 for this. The remaining 15% must therefore still be claimed via the KAP annex.

Now everyone can decide for themselves whether they want to invest the fee or make the effort themselves. It won't be quicker via DKB either, the Norwegian tax authorities are quite overloaded with applications. I received a short message that it can take up to 15 months at the moment....

So be aware, despite the sometimes very attractive dividends in Norway, that you will first have less than 50% net in your account and then have to do some work to get at least half of the withholdings back.

With this in mind, I will soon publish a shortened second part and follow up with a third part that takes into account the tax aspects and broker-specific features.

$HAUTO (-0,48 %) Hello everyone, why does this share have such a high dividend?

Hi everyone, here's a little insight into the October results of my portfolio, and well, there are also some down months - it can't always be a steep upward trend.

However, I am basically satisfied with everything and the minus in October is really within a very manageable range.

If you look at the current year as a whole...

...you quickly realize why I am still very satisfied with the future. It may not be a high performer, but for a value dividend portfolio it's still enough to build on 🫠

》IRR 21.22%《

》TTWROR 61.01%《

I am also relaxed about the future in the long term, because...

...everything is still relaxed at the upper end and let's see what else the crystal ball has in store for the future 🍊 😅

Especially since the goal of generating the FSA 1000/2000€ as quickly as possible through dividend payments has been optimally achieved, creating the potential for me to simply let profits run and not be dependent on sales, although sometimes a small take-away and later re-entry will probably be on the program more often...but that's how you keep feeling your way 🤫

However, as well as dividends, there is also some really good news: the second check-up after my operation in June was still negative and the third is due next month. The first year is always the most critical and so it's important to keep 👍🏻 and push through da....

...but let's stick to the subject of dividends...

In October, the yield was a bit lean and there was only €64.01 net dividend, which still means +76.02% YTD 💪🏻

But things are looking much better again this month, well, minus the beloved tax...

...which brings us to the top and flops of the month:

Top 3

🟢 $RIO (-0,36 %) +10,32% (+16,32%)

🟢 $FTWG (+0,33 %) +3,93% (+10,65%)

🟢 $YYYY (+0,24 %) +3,87% (+7,46%)

Flop3

🔴 $HAUTO (-0,48 %) -12,47% (+13,96%)

🔴 $MUX (+0,72 %) -6,16% (+20,82%)

🔴 $DTE (+0,29 %) -5,96% (-4,68€)

Purchases:

$DTE (+0,29 %)

$1211 (+0,6 %)

$HAUTO (-0,48 %)

Disposals:

》none《

And so we continue into November with the year-end forecast, which has already been raised twice...and I wish us all a successful November ✌🏻

In October 2025, Höegh Autoliners transported $HAUTO (-0,48 %) transported 1.3 million cubic meters of freight. The transport volume for the last three months (August to October) amounted to a total of 3.9 million cubic meters.

The average pro rata gross freight rate in October 2025 was USD 91.2 per cubic meter (-0.6% compared to the average gross freight rate of the last three months).

The average pro rata gross freight rate of the last three months was USD 91.8 per cubic meter.

The average pro rata net freight rate in October 2025 was USD 78.3 per cubic meter (-1.8% compared to the average net freight rate of the last three months).

The average pro rata net freight rate of the last three months was USD 79.7 per cubic meter.

The share of HH/BB in the transported freight volume amounted to 22% in October 2025.

In the last three months, the proportionate HH/BB share was 22%.

Andreas Enger, CEO Höegh Autoliners, comments: "The company achieved another strong month with a stable performance in October."

$HAUTO (-0,48 %)
#dividendenzahlung

Höegh Autoliners $HAUTO (-0,48 %) continued to report a solid financial performance in the third quarter of 2025. Gross sales amounted to USD 370 million/NOK 3,941 million, operating profit (EBITDA) to USD 155 million/NOK 1,650 million and net profit after tax to USD 131 million/NOK 1,395 million.

》Highlights of the quarter《

● Volume increase of around 3% compared to the second quarter thanks to particularly strong demand from Asia

● Share of orders stable at around 80%, compared to 73% in 2024

● Dividend for Q2 2025 in the amount of USD 137 million paid out in September

● Höegh Beijing sold and handed over to the new owner in September

● Dividend for Q3 2025 of USD 30 million (USD 0.1573 per share) declared and will be paid out in November

Andreas Enger, CEO of Höegh Autoliners, comments: "Q3 was another strong quarter,

However, our operating costs were negatively impacted by the weaker trade balance, a trend that is expected to continue."

》Outlook《

● Tariffs could lead to lower transport volumes over time

● Significant changes to the new US port tariffs were announced on October 10 and will take effect on October 14. The annual impact is estimated to be around 60-70 million US dollars. The company is working hard to minimize the impact.

● The operating performance in the fourth quarter is expected to be slightly below the EBITDA of the third quarter.

● In addition, the impact of the USTR measures is expected to be around USD 20 million for the quarter.

》Dividend《

Höegh Autoliners has adjusted the calculation method for dividend distributions to reflect the actual cash flow generated above a target minimum cash balance at the end of each previous quarter. The underlying dividend policy remains unchanged; the intention is still to distribute all excess cash flow.

This adjustment takes into account the need to navigate a rapidly changing market environment with less predictability and supports improved liquidity management.

As a result, there will be a one-time periodization of distributions, which will reduce the distribution for the third quarter of 2025.

As of the reporting date, the company does not plan any further uses for capital allocation beyond distributions to shareholders.

$1211 (+0,6 %)

$HAUTO (-0,48 %)

Another reason to change course:

BYD's eighth car carrier enters service All eight cargo ships in the BYD fleet are now operational and have an annual transportation capacity of over one million vehicles. With the BYD Jinan, BYD's car carrier fleet may not grow any further in the near future. BYD (HKG: 1211, OTCMKTS: BYDDY) has welcomed the latest addition to its car carrier fleet in the near future with the commissioning of BYD Jinan. The BYD Jinan, the eighth car carrier from the Chinese alternative fuel vehicle (NEV) manufacturer, was officially put into service, the company announced on Weibo today. The ship is named after Jinan in the eastern Chinese province of Shandong, where one of BYD's largest vehicle production sites is located.

Source: BYD

https://cnevpost.com/2025/09/28/byd-jinan-car-carrier-enters-service/