Hello getquin community,

I am 22 years old, a dual student in the tax sector, and otherwise a rather quiet reader on getquin. At this point Thanks to all who take the trouble to publish posts here, some of which are ready for a doctoral thesis. You are a real enrichment!

I would like to introduce you to my depot today.

My goal is long-term wealth accumulation through solid individual stocks and an ETF core.

The beginning:

I started when I was 18 with little money and made the typical mistakes:

• no own research
• Little to no knowledge on the subject
• Purchases only on the recommendation of others or because I liked their products

This led to me making losses, which made me stop again (over 1 year)

The turnaround:

Some time later, I started reading up on the subject and acquiring knowledge. After I was confident that I now had more knowledge, I slowly started investing again and creating my own analyses. In the meantime, I have recovered my initial losses and I think I am on the right track. Here is my current status/strategy:

Horizon: 10 + years (buy & hold)

Strategy: Core-Satellite

• Core (target 40 %)FTSE All-World ACC $VWCE (+0,31 %) (currently more like 80/20, will be expanded)
• Satellite (target 60 %)Individual stocks

Target: Combination of return and stability

My selection of individual stocks:

At this point: There are a few stocks, but the portfolio is no longer that small, currently approaching 20k.

• Siemens $SIE (+0,49 %) 11,7 %

Strong industrial base, automation & digitalization, nice diversification, future-oriented

• Amazon $AMZN (+0,28 %) 11,6 %

E-commerce & cloud growth driver, in my opinion currently my top pick of the Mag 7 in terms of valuation.

• Apple $AAPL (+0,4 %) 10,9 %

Classic

• Alphabet (A) $GOOGL (+0,23 %) 10,7 %

AI potential & strong margins

• Kawasaki Heavy Industries $7012 (-2,98 %) 10,5 %

Japanese industrial stock, robotics, Asia diversification

• ASML $ASML (+1,92 %) 8,4 %

Key position in semiconductor production

• Novo Nordisk (B) $NOVO B (+1,09 %) 7,9 %

Healthcare growth through Wegovy/Ozempic, in my opinion still strong potential in the future

• Fortinet $FTNT (-0,27 %) 7,8 %

Cybersecurity play with solid growth

• UnitedHealth Group $UNH (-0,09 %) 7,7 %

Stable healthcare giant, steady cash flow, figures were really strong today

• Allianz $ALV (-0,35 %) 7,0 %

Value + dividend, defensive component

• Munich Re $MUV2 (-0,47 %) 5,7 %

Stability & high dividends

With a regional breakdown of the individual shares of:

• 48% North America
• 40% Europe
• 10% Japan

Regional breakdown with ETF with a weighting of 20%:

• North America: 51%
• Europe: 36%
• Japan: 10%
• Rest: 3%

Regional breakdown with ETF at the target weighting of 40%:

• North America: 53%
• Europe: 32 %
• Japan: 9%
• Rest: 6%

Sector breakdown of individual shares:

• Information technology: 38.0 %
• Industry: 21.7 %
• Healthcare: 16.3 %
• Financial services: 10.9
• Consumer staples: 10.9

Sector breakdown with ETF at 20% weighting:

• Information technology: 34.8
• Industry: 19.6
• Healthcare: 15.2
• Finance: 11.7
• Consumer staples: 10.3
• Non-basic consumption: 2.2
• Energy: 1.0
• Communication/Other: 1.4%

Sector allocation with ETF at the target weighting of 40%:

• Information technology: 31%
• Industry: 17 %
• Healthcare: 14
• Financials: 13
• Basic consumption: 10
• Non-basic consumption: 4 %
• Energy: 2 %
• Other: 3 %

Cash ratio is too high at approx. 25% for additional purchases or unexpected expenses (repairs etc.)?

I have thought about a defensive addition with Pepsi $PEP (-0,61 %) and am still considering adding to my technology section, but unfortunately a lot has run away from me, especially in connection with AI. (so the technology portion of individual stocks is increasing and will not decrease as the ETF increases -> strong growth sector)

I also saw an interesting article earlier from @EpsEra on the battery and energy storage industry. However, I need to read up on this in more detail. Thank you for the informative article!

I also find robotics interesting, but I think I already have a strong player with Kawasaki in my portfolio.

I would be very happy to receive well-founded criticism, feedback and comments! Would you also like to expand the ETF to 40%?

$MRK (+0,33 %)
$KO (-0,13 %)
$PEP (-0,61 %)
$COP (+0,1 %)
$MDT (-0,21 %)
$MDLZ (+1,31 %)
$EOG (+0,35 %)
$SLB (+0,16 %)
$KMB (+0,04 %)
$CL (-0,29 %)

What should investors look for when it comes to buying the best dividend stocks for 2025?

At Morningstar, we believe that the best dividend stocks are not simply the stocks with the highest dividends or the stocks with the best dividend yields. We recommend that investors look beyond a stock's yield and short-term performance and instead consider stocks with sustainable dividends and buy them when they are undervalued.

"As tempting as they may be, the most attractive returns on the stock market are often illusory," explains Dan Lefkovitz, strategist at Morningstar Indexes. "High dividend yields are often found in risky sectors, industries and companies." Therefore, such high dividend yields are not always sustainable.

David Harrell, the publisher of Morningstar DividendInvestor, empfiehlt,to focus on companies with management teams that support their dividend strategy and to favor companies with competitive advantages or wirtschaftlichen Burggräben to be preferred.

"An economic moat rating is obviously no guarantee of dividends, but we have found some very strong correlations between economic moats and dividend consistency," says Harrell.

Investors looking for good dividend stocks might consider adding undervalued quality dividend stocks to their portfolio.

10 best US dividend stocks to buy

To find the best U.S. dividend stocks, we turn to the Morningstar Dividend Yield Focus Index. The dividend stocks on this list are among the top stocks in the index and were trading in the 4- and 5-star range as of June 13, 2025.

Merck MRK

Coca-Cola KO

PepsiCo PEP

ConocoPhillips COP

Medtronic MDT

Mondelez Global MDLZ

EOG Resources EOG

SLB SLB

Kimberly-Clark KMB

Colgate-Palmolive CL

Below you will find a brief description of the individual low-cost dividend stocks as well as some important Morningstar key figures. All data is valid until October 10, 2025.

Merck

• Morningstar rating: 4 stars
• Morningstar Economic Moat Rating: High
• Morningstar Uncertainty Rating: Medium
• Expected dividend yield: 3.77
• Sector: Pharmaceuticals - General

Merck tops our list of best dividend stocks with a share price 23% below our estimated fair value of $111 per share. Merck continues to see weak demand for its HPV vaccine Gardasil in China, which has dampened revenues this year. Nevertheless, we believe Merck shares are undervalued. The company's balance sheet is solid and low risk. We expect stable future dividends, supported by a payout ratio of nearly 50% of adjusted earnings per share, according to Morningstar Director Karen Andersen.

Coca-Cola

• Morningstar rating: 4 stars
• Morningstar Economic Moat Rating: Broad
• Morningstar Uncertainty Rating: Low
• Expected dividend yield: 3.04
• Sector: Beverages - non-alcoholic

Coca-Cola is the first Dividendenaristokrat on our list of this month's best dividend stocks. Dividend aristocrats are companies that have increased their dividends for at least 25 consecutive years. The company's impressive brand portfolio, pricing power and relationships with retailers underpin its high Economic Moat rating, says Morningstar analyst Dan Su. We expect the dividend payment to increase in line with earnings growth over the next ten years, with the dividend payout ratio likely to stabilize above 60%, Su adds. We estimate the value of Coca-Cola shares at USD 72.

PepsiCo

• Morningstar rating: 4 stars
• Morningstar Economic Moat Rating: Broad
• Morningstar Uncertainty Rating: Low
• Expected dividend yield: 3.79
• Sector: Beverages - non-alcoholic

Pepsi is the second Dividend Aristocrat on this month's list of best dividend stocks to buy. We estimate the value of the Pepsi-Aktie at $164 and the shares are trading 8% below this value. Despite short-term headwinds due to consumer austerity, we believe Pepsi continues to be able to strengthen its competitive position in beverages and snacks through marketing and product initiatives, reports Morningstar's Su. Over the next decade, we expect Pepsi's payout ratio to remain in the low 70% range on average and its dividend payment to grow in the mid-single digits annually, Su said.

ConocoPhillips

• Morningstar Rating: 4 stars
• Morningstar Economic Moat Rating: Low
• Morningstar Uncertainty Rating: High
• Expected dividend yield: 3.56
• Sector: Oil and Gas E&P

ConocoPhillips is the first energy stock on our list of best dividend stocks and is currently trading 19% below our estimated fair value of $108. Morningstar analyst Adam Baker points out that the company has been making large acquisitions at favorable prices without burdening the balance sheet. ConocoPhillips ties cash returns to cash flow and has committed to returning 30% of operating cash flow to shareholders, keeping dividend growth moderate but committing excess cash to buybacks and a variable dividend each year.

Medtronic

• Morningstar Rating: 4 stars
• Morningstar Economic Moat Rating: Low
• Morningstar Uncertainty Rating: Medium
• Expected dividend yield: 2.98
• Sector: Medical devices

Medtronic stock is one of the best dividend stocks and is currently trading 15% below our estimated fair value of $112. The largest pure-play medical device manufacturer is an important partner for its hospital customers thanks to its diversified product portfolio for a variety of chronic conditions, explains Morningstar Senior Equity Analyst Debbie Wang. The company aims to distribute at least 50% of its annual free cash flow to shareholders, but has been in the 60% to 70% range in recent years, Wang said. Medtronic is also a dividend aristocrat.

Mondelez Global

• Morningstar rating: 4 stars
• Morningstar Economic Moat Rating: Broad
• Morningstar Uncertainty Rating: Low
• Expected dividend yield: 3.25%
• Sector: Confectionery manufacturer

Mondelez International is one of the five Unternehmen mit breitem Burggraben on our list of the best dividend stocks to buy. "Mondelez has worked tirelessly to further simplify its operations by streamlining its supplier base, divesting unprofitable brands, and continuing to modernize its manufacturing facilities," argues Morningstar Director Erin Lash. We forecast that the company will increase its dividend on average in the high single digits through fiscal 2034. We estimate the value of this top dividend stock at USD 75, and the shares are trading 18% below this value.

EOG Resources

• Morningstar Rating: 4 stars
• Morningstar Economic Moat Rating: Low
• Morningstar Uncertainty Rating: Medium
• Expected dividend yield: 3.78
• Sector: Oil and gas production

EOG Resources returns to our list of the best dividend stocks to buy this month. This top dividend stock is trading 21% below our estimated fair value of USD 137. The company aims to return 70% of free cash flow to shareholders via dividends and share buybacks. "Unlike some peers that buy back shares at top valuations when they have ample cash, EOG also returns cash via special dividends," says Morningstar Director Josh Aguilar. EOG's balance sheet is strong, and the company should have no trouble meeting its fixed and variablen Dividenden cover its fixed and floating rate debt.

SLB

• Morningstar rating: 4 stars
• Morningstar Economic Moat Rating: Low
• Morningstar Uncertainty Rating: High
• Expected dividend yield: 3.59
• Sector: Oil and gas equipment and services

SLB, the last energy stock on our list of best dividend stocks, is trading 37% below our estimated fair value of $50. SLB is the world's leading oilfield services company by market share and has built a narrow economic moat based on its cost advantages and intangible assets. Morningstar's Aguilar calls the company's distributions "shareholder friendly" and we expect management to continue to return more than half of free cash flow to shareholders in the form of dividends or buybacks.

Kimberly-Clark

• Morningstar rating: 4 stars
• Morningstar Economic Moat Rating: Low
• Morningstar uncertainty rating: Medium
• Expected dividend yield: 4.22%
• Sector: Household and personal care products

Kimberly-Clark is the highest yielding stock on our list of best dividend stocks to invest in and is currently trading 15% below our estimated fair value of $140. The company's portfolio of well-known hygiene and tissue brands, including Huggies, Depend and Kleenex, generates significant excess cash, according to Morningstar's Lash. Lash's long-term outlook calls for mid-single-digit annual dividend growth. Kimberly-Clark is also a dividend aristocrat.

Colgate-Palmolive

• Morningstar Rating: 4 stars
• Morningstar Economic Moat Rating: Broad
• Morningstar Uncertainty Rating: Low
• Expected dividend yield: 2.67
• Sector: Household and personal care products

Colgate-Palmolive rounds out our list of best dividend stocks and is also a dividend aristocrat. The Colgate brand's solid intangible assets and cost advantages underpin the company's broad economic moat, says Morningstar's Lash. Over the next 10 years, we expect average annual dividend growth in the high single digits with a payout ratio of 55% to 60%, she adds.

Source

https://global.morningstar.com/de/aktien/die-10-besten-us-dividendenaktien?utm_source=eloqua&utm_medium=email&utm_campaign=Germany_Weekly&utm_content=None_68561&utm_id=35646

$PEP (-0,61 %) with +/-0 thrown out of the depot, and $O (-0,21 %) and also $PG (-0,31 %)

Good evening to the community,

I need a few opinions from you on downsizing.

at the moment there are 40 individual stocks + 1ETF in my portfolio.

I would like to minimize the existing positions to around 30 and then also increase my cash holdings.

The final list includes

$O (-0,21 %) , $MRK (+0,33 %) , $PG (-0,31 %) , $LIN (-0,18 %) , $PEP (-0,61 %)

during the selection process I realized that I only picked out the "defensive stocks".

This would mean that my portfolio would then only consist of "tech stocks".

That's why I'm wondering how best to handle it to avoid a "cluster risk".

How do you personally deal with this?

What would be the alternative?

What else would you have on your final list?

I'm looking forward to the exchange!

Greetings go out to the community ✌️

Hello everyone,

I have cleaned up my portfolio a bit and trimmed it to 30 positions (please ignore the very small positions, it is more expensive to sell them than to keep them). The different ETFs on msci, msci em, dax and NASDAQ are due to historical reasons (sub. Deposits, change from synth. To physical replication, too many taxes with complete change). At the end of the year I will sell the 2 DWS old funds and then have the tax refunded promptly --> grandfathering. I just don't know where to switch to.

I am currently saving:

$TDIV (+0,43 %) 250/m

$IWDA (+0,29 %) 600/m

$IEMA (+0,25 %) 250/m

$EQAC (+0,72 %) 250/m

$ALV (-0,35 %) 50/w

$KO (-0,13 %) 50/w

$PEP (-0,61 %) 50/w

$UNH (-0,09 %) 50/w

$V (-1,64 %) 50/w

$ULVR (-0,3 %) 50/w

And I reinvest the dividends from $O (-0,21 %) and $MAIN (+0,19 %) monthly

I try to have all positions that I want to hold long-term at 2-4 percent (exceptions: ETFs, $EWG2 (+3,15 %) and $BRK.B (-0,24 %) )

At the moment semiconductors ($AMD (+1,29 %)
$PLTR (+0,43 %)
$MU (+3,33 %) and $MPWR (+0,51 %) ) are my "yield positions", which I would like to sell if the price continues to rise.

But at the moment I'm lacking inspiration. What is my portfolio missing in the long term? Which themes could I "play" to achieve short-term returns. Or just leave everything as it is.

I would be grateful for any opinions.

Greetings 👋

I have increased my position in Keurig Dr Pepper (KDP $KDP (-0,19 %) ) because I consider the company to be one of the best diversified beverage companies on the market.

Under the KDP umbrella, there are strong brands in coffee, tea, soft drinks, energy drinks, functional drinks and even cooperations in the alcohol sector.

I find the fast-growing area of energy and functional drinks particularly exciting, where KDP is building up market share with brands such as C4 Energy, Bai, Core Hydration and, more recently, Ghost.

The acquisition of Ghost shows that KDP is consistently investing in young, trend-conscious brands - an area with enormous growth potential.

Although KDP is ranked behind Pepsi $PEP (-0,61 %) and Coke $KO (-0,13 %) but with its coffee division $KDP (-0,19 %) clear advantage.

The fall in the share price offers me an attractive buying opportunity. Cash flow and brand diversity clearly speak in favor of the company in the long term.

$PEP (-0,61 %)
$WMT (-0,1 %)

Pepsi Co. announced Thursday that Steve Schmitt will become executive vice president and chief financial officer, effective Nov. 10, 2025.

He succeeds Jamie Caulfield, who is retiring after more than 30 years with the company.

Schmitt currently serves as Executive Vice President and Chief Financial Officer for $WMT (-0,1 %) U.S., where he is responsible for the financial operations of Walmart's U.S. segment.

During his time at Walmart, Schmitt helped transform the company into an omnichannel retailer and led cost discipline initiatives.

Prior to Walmart, he worked in various roles for Yum! Brands and began his career at UPS, where he worked for more than a decade.

"Steve has an impressive track record of success and brings critical expertise that aligns with PepsiCo's growth strategy," said Ramon Laguarta, Chairman and CEO of PepsiCo, in a press release.

$PEP (-0,61 %)
PepsiCo (ticker symbol: PEP) announces on Thursday, October 9, 2025 will announce its new financial figures.

This is an exciting moment for many investors. Those who are familiar with previous share price movements can better assess how the share could develop - regardless of whether the figures are good or bad.

Two simple strategies for investors

• Before the figures: Look at how the share has behaved in the past before the quarterly figures - and decide whether to buy or sell beforehand.
• After the figures: You observe how the share reacts immediately after publication - and adjust your strategy accordingly.

How has PepsiCo behaved so far?

• In the last 5 years the share has has risen the day after the numbers 78% of the time.
• The average increase was 1,5 %the highest was 3,6 %.

What is expected this time?

• Earnings per share: 2.26 US dollars
• Turnover: 23.84 billion US dollars
• Comparison with the previous year:Profit: 2.31 US dollars
• Turnover: 23.32 billion US dollars

How does PepsiCo perform after quarterly figures?

1-day return (immediately after publication)

• In the last 5 years there have been 18 quarterly results dates.
• Of these 14 positive and 4 negative - so 78 % with a price increase the next day.
• In the last 3 years the rate is 75 %.
• Average increase for positive days:
  +1,5 %
• Average decrease for negative days:
  -1,1 %

The following table summarizes the additional information on the observed 5-day (5D) and 21-day returns (21D) after the earnings announcements (post-earnings) and presents the corresponding statistical statistical key figures

Conclusion

PepsiCo is a strong company with solid figures.

• For tradersshort-term traders, the stock can be interesting around the quarterly figures - especially because of the historically positive share price reactions immediately after the results.
• For long-term investors there is a good entry opportunity, if the share price falls after the quarterly figures. This is because the fundamentals are stable and setbacks could be a favorable opportunity.

My Youtube channel for more stock analysis: www.youtube.com/@Verstehdieaktie