Various hypes in AI, rare earths, space travel, etc. promise quick riches and many articles are about the next big "thing".
I would like to draw your attention to a boring share that I bought in 2019 (2022 follow-up purchase). The net yield (incl. net dividend) is now 70% for me, i.e. 12-13% p.a. and the share is in my portfolio in yield position #10.
This is not a top ranking and not the quick big money ... but the younger ones among you would at least say "stable"... and that's exactly the kind of paper I like. Unexcited and reliable.
Certainly suitable for diversification for some of you.
- produces old and new energy
- operates power grids
- builds charging infrastructure
- Core markets are Europe, Latin America
- is valued favorably compared to the peer group (P/E ratio 13.x)
- Dividend yield 5.4%, div growth 7-9%
