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@Hotte1909 Paying tax on money that you want to reinvest anyway. Reduces your absolute return already in the savings phase.
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@Aktienmasseur But if he is convinced that the J&J company is very profitable or, alternatively, very stable, he has no choice between accumulating and distributing J&J. Or perhaps he invests the dividend this time and not next year.
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@Aktienmasseur I'm no longer really in the savings phase. I chose my dividend stocks so that I don't have to work as much. I have a gross dividend of around 14k, which currently gives me an extra 5 weeks' vacation every year. But at the moment I have to work through anyway, so I don't need the money for other things. So I can also invest it again.
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With one or the other title, you can also receive fractions as dividends, so you can have 14k gross for more vacation or not.

Keep up the good work 👍 @Hotte1909
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