Buy update Hannover Re WKN 840221

📈 Buy update: Hannover Re (WKN: 840221)

I added 4 shares of Hannover Re to my portfolio today and will continue to build on this position.

Hannover Re is one of the largest reinsurers in the world and is considered a solid dividend stock.

🔎 Facts about Hannover Re:

🌍 3rd largest reinsurer worldwide
💰 Market capitalization: approx. € 29 billion
📊 Dividend yield: currently around 3.67%
🏦 Payout ratio: approx. 45% of the profit
📈 Profit 2024: over € 2.4 billion - a record figure
📉 P/E ratio currently around 13 (fair valuation compared to the sector)

💡 Why the buy?

Stable business model despite fluctuating natural catastrophe losses
Very shareholder-friendly dividend policy (basic + possible special dividend)
Good long-term growth potential due to increasing demand for reinsurance

👉 What do you think of reinsurers in your portfolio - boring but stable dividend payers or underestimated growth stocks?

ynnxs@ynnxs

1Mo

I'm always happy when I see that someone has added my favorite share to their portfolio :D

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AktienRob88@AktienRob88

@ynnxs why is this your favorite stock ? :)

@AktienRob88 First of all, reinsurers are pretty much society's backup. If they go bankrupt, it will only be because the world is on fire. Until then, Hannover Re is a wonderful cash cow. The dividend is quite nice and has a good increase. The share price performance is also very stable, i.e. there was no crash in which the share price remained at a low level for several years before recovering. When there are corrections, they are usually over quickly, but you still had the chance to buy cheaply :)