After holding the shares for almost a year $NNN (+0,08 %) with a loss of -15%. I invested the proceeds in $MDLZ (-0,71 %) invested in
NNN is a solid REIT with competitive real estate/department stores etc. but not really useful in Austria. REITs are not taxed with DBA... so you burn almost 50% of the dividends.
Mondelez is a company I have wanted to have in my portfolio for ages. They have an extremely popular product portfolio, products like: Milka, OREO, Toblerone, Philadelpha, 7Days etc...
The share of $MDLZ (-0,71 %) is currently offering a dividend of >3.7% with a dividend growth of over 14% (average last 10 years).
Healthy margins, constant, increasing cash flow and healthy dividend policy
Take advantage of market weakness and get in with the first foot.
