6Lun·

Towards the support zone?

$CA (-0,5 %)

Interesting level for a "longer-term" entry?

P/E ratio of 11.xx and dividend yield of 6.xx.

Share buyback programs in the amount of 700-800 million euros p.a. 2021-2024.

Incl. ambitious dividend growth target of 5% per year.

...shareholder value...

2 Comentarios

Korrekturensohn@Korrekturensohn

6Lun

No. The share is in a very long-term downward trend. Profits are expected to fall massively in 24 compared to the previous year. Where is the outperformance compared to a broad market ETF supposed to come from? Certainly not from the dividend, even if it is safe, because you still pay withholding tax on it.

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dividend_hunter_1334@dividend_hunter_1334

Yes, the supermarkets are well represented in Europe, the figures are very good. The last two years have seen higher costs due to takeovers and restructuring, but this will level out again in two years.

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