@Memo0606 I bought more to reduce my purchase price again. In general, crop protection is becoming increasingly important as the world's population grows. It also meets my requirements for dividend stocks and has a fairly low P/E ratio.
@Memo0606 slumped somewhat last year. There was also a drop in sales. But this year there is growth again. Although it has to be said that 22 was also a record year. I think we will be 5-10% above last year in terms of sales. The margin has improved somewhat, but at probably 12% it is still far below the high of 22, when it was around 19%.
@Memo0606 yes, I don't think the stock is for you. I expect growth of around 8-10% pa. In the best case. Which would mean an increase in the share price of around 3-5% pa. However, 4% dividend with 20% payout ratio which means plenty of room for dividend growth. As you know, that's what I'm speculating on 😉
