You're all fans of dividends and growth, aren't you? Yes, both are possible! Then I'll try to be a finfluencer and briefly introduce you to one of my biggest positions and quickly copy and paste something together here.
It's about $RAA (+0,65 %) Rational. Not only the name is cool, but also the products, the margins and the growth. Oh yes, the dividend.
I like to describe the products as the Themomix for gastronomy, just a bit more expensive. They really make sense for gastronomy because they take up less space and use less energy. After the working day, simply put the cleaning rod in and the next day the thing is crispy clean again.
Dividends were cut during the pandemic, but now things are slowly looking up again:
According to the current status as of January 2024, Rational paid dividends totaling EUR 13.50 per share within the last 12 months, of which EUR 2.50 was paid as a special dividend.At the current share price of EUR 720.00, this corresponds to a dividend yield of 1.88%.
Corona has of course hit Rational's customers hard and consequently the company too, which was really sad, but yesterday they released preliminary figures and things are looking good again:
Operating profit rose by 17 percent to around 277 million euros in 2023, the company announced on Thursday. At around 24.5 percent, the profit margin was higher than expected. Price increases also played a role in this. Turnover climbed by ten percent to around 1.125 billion euros.
As always, the valuation is quite sporty, but the company is also one of the best in Germany. ROE 27% ROA 20% etc.
Who has the share and who hasn't heard of it? Incidentally, it is listed on the Mdax at 7 billion Mcap.