18H·

Attractive expansion of the European share in the portfolio?

What do you think of the $OR (-1,52 %) share?

I find the current level quite interesting for an initial entry.

At the same time, it is a good opportunity to add more diversification to the portfolio, both at sector and regional level.

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I am very happy to be an investor. The brand portfolio is gigantic and I see no reason why the company should not continue to grow over the next 50 years. Nevertheless, I do not believe that L'Oréal will outperform, but assume that it will be well in line with the market average (7-9% p.a.).

There are also loyalty programs through which one can receive special dividends (+10%) 2 years after registration in the share register. Please note that the shares are then no longer freely tradable and are given a new ISIN ( FR0011149590 )
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L'Oreal is certainly exciting, but don't forget the French withholding tax, where 30% of the dividend is deducted and you only get part of it credited. The reimbursement through forms etc. is very tedious.
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