Now that I have partially switched to Trade Republic, I made my first purchase today ( tranche 1/3).

Purchased was the Packaging Corp of America, so to speak the Dunder Mifflin of reality ;) @RealMichaelScott

Here are a few key data for those interested:

Dividend growth: approx. 10% ( 5Y)

Dividend continuity: 13Y

Payout ratio: 29,5%

Equity ratio: 45.82

Valuation also looks good and the company is growing solidly. I am aware that I am not expecting a price rocket due to the industry. However, I particularly like the company as a solid anchor. I also find the share buybacks very palatable ( 2022 for $522.5 million )