@Esperanza and @Koenigmidas have taken me to #grueneostern and #gruenostern challenge from @InvestmentPapa nominated me. As you know, I hate challenges, Easter and green. But what do you want to do when you get nominated? The law of the internet demands that you make a contribution 😭.

In the current times, however, it's not so easy to find something green. That's why I opted for an all-time overview of my individual stocks. Especially the $MUV2 (-0,54%) that @Koenigmidas has given me, makes me proud 😍.

I also have two Easter presents for you:

• Finally a screenshot in dark mode. I have a new cell phone and have been too lazy to change over so far
• Absolute values - because all the others are pussies 😘

I nominate @DeineMutter
@Meine
@Mutti
@Tim951995 (I'll give you an egg if you comment on why I nominated it) and @Lumimyrsky

Happy Easter 😘

Hello everyone, I have a question.

I save 500 daily allowance every month for house renovation.

But as interest rates are constantly falling, I'm looking for alternatives but can't make up my mind.

Should I $MUV2 (-0,54%) or $HNR1 (+0,07%) take a bond.

Or would I prefer an etf or bonds?

Thanks in advance

- 14 positive surprises

- Three negative surprises

- Dividend increases

- Dividend decreases

- Overview of all DAX stocks

Link:

https://shorturl.at/Tdnfw

$ALV (+0,85%)
$MUV2 (-0,54%)
$RHM (+0,16%)
$MBG (+1,59%)
$SAP (+2,08%)
$BMW (+1,77%)
$AIR (+2,53%)
$VOW (+0,86%)
$DBK (+1,96%)
$CBK (-2,13%)
$SIE (+3,19%)
$P911 (-0,66%)
$DTE (-2,85%)
$IFX (+1,84%)

Almost three-quarters of all DAX and MDAX companies pay out dividends in May.

Dividend calendar with payday and expected yield:

This year's dividend champion is likely to be $RTLL (+0,56%) - RTL Group. Shareholders can expect a yield of around 8%. However, this is only half as high as three years ago.

Deutsche Telekom is now increasingly seen as a dividend pearl. $DTE (-2,85%) - Deutsche Telekom is increasingly seen as a dividend pearl. This year's dividend is EUR 0.90, i.e. an increase of 17% on the previous year, with a yield of around 2.7%.

Other reliable payers are $SIE (+3,19%) - Siemens and $SAP (+2,08%) - SAP.

One of the most reliable payers of all is $MUV2 (-0,54%) - Munich Re. There has never been a dividend shortfall since 1960 and the amount paid per share has increased sixteen-fold since the beginning of the millennium.

There are also some attractive dividend payers in Europe, such as $ENI (+0,46%) - ENI and $ISP (+3,01%) - Intensa and $BNP (+0,71%) - BNP.

Source (excerpt) / graphics: WELT

If Warren Buffett's Berkshire is already making a lot of money with insurance, it can't hurt me either 😁

My $ORI (+0,21%) I started building up my position in September 2021, until then I had only $ALV (+0,85%) and $AFL (+0,21%) in the portfolio. In the meantime $TRV (-0,24%) and recently also $AMP (-1,19%)
$BRO (-2,71%) have landed in the Scalable portfolio, in which I also invest in the "Ultimate Homer ETF" Trade Republic Depot via a savings plan, as well as $MUV2 (-0,54%)
$HNR1 (+0,07%)
$PGR (+0,11%)
$ALL (-0,7%)
$AJG (-2,63%)
$TLX (+1,29%)
$8766 (-1,22%) 😁

Which insurance companies are you with?

Old Republic balance sheet

Benchmark

Amazing that with a dividend aristocrat you could keep up well with the ETFs over the last 5 years 💪😁

Benchmark vs competition

Hello dear GQ community,

almost a month ago I already presented my portfolio and my investment case. (those interested can take another quick look at it)

I have now experienced the first correction of my investment career and can say that, yes, it hurts to look at the portfolio with all the red figures, but holding on to the fact that I am convinced of the companies in the long term has kept me strong up to this point. Only time will tell whether this correction was particularly strong or weak. True to the motto "red means supply", I have tried to use my uninvested budget for additional purchases and new positions.

I may have too many different positions for some people's taste and still have too large a stake in the US, tech and financial sectors. Overall, I am simply a fan of picking companies that fulfill three conditions:

- consistent dividend growth over the last 10 years

- long-term share price growth (depending on how long the company has been on the stock market, but if I don't have green figures over the maximum period, I leave you out)

- preferably a P/E ratio of less than 20 (with exceptions)

And generally in line with my case, a 3+% dividend.

In the unknown future, I will continue to hold my small positions of $PLTR (+4,68%) , $BLK (-0,74%) , $NVDA (+4,72%) and $TGT (+1,34%) (these were my first 4 purchases of 25€ each without any idea, Palantir compensates the losses of the other 3 quite nicely). From $AAPL (+0,28%) in the long term, but it does not yet play a major role in my immediate savings.

By the end of the year, I will be saving a further €750 a month via a savings plan, split evenly between $PETR3 (+1,2%) , $MUV2 (-0,54%) , $7203 (+1,17%) , $ENEL (-0,07%) , $HTGC (+0,7%) and $ALV (+0,85%). With the aim of balancing out the inequality somewhat.

In general, I am very happy to have discovered this platform, as I have gathered many useful tips and experiences, so thank you for that.

I am always grateful for your opinions, tips and suggestions. Thanks for reading.

At 53 billion euros, the 40 DAX companies are likely to pay out almost one billion euros more this year than a year ago - more than ever before.

The reason for the strong development is high consolidated profits and unexpectedly rising dividends at a good dozen companies, including $ALV (+0,85%) Allianz, $MUV2 (-0,54%) Munich Re and $RHM (+0,16%) Rheinmetall.

At 109 billion euros net profit, the DAX companies are likely to have earned as much in 2024 as in the previous year, according to Handelsblatt calculations. Slump in earnings for the three car manufacturers $BMW (+1,77%) BMW, $MBG (+1,59%) Mercedes and $VOW (+0,86%) VW will be offset by companies in other sectors, in particular the major insurers Allianz, Munich Re and $HNR1 (+0,07%) Hannover Re, but also $DTE (-2,85%) Deutsche Telekom, $HEN (-0,04%) Henkel and $EOAN (-0,76%) Eon.

More than a dozen DAX companies have announced higher dividends than the market had previously expected. For example $ALV (+0,85%) 15.40 euros per share after 13.80 euros in the previous year. Analysts had forecast just under 15 euros. The insurer is thus distributing just under six billion euros. This is a record in the German corporate landscape.

The biggest jump is at $MUV2 (-0,54%) Munich Re: The reinsurer is increasing its dividend by five euros per share to 20 euros.

The two healthcare specialists $FRE (+0,33%) Fresenius and $FME (+1,56%) Fresenius Medical Care, the brand manufacturer $HEN (-0,04%) Henkel, the automotive supplier $BTR Continental, the $CBK (-2,13%) Commerzbank, $RHM (+0,16%) Rheinmetall and $HNR1 (+0,07%) Hannover Re have raised their dividends, in some cases significantly more than expected. This is also due to rising profits, which justify a higher profit share for shareholders.

The largest dividend payers in the DAX are

• $ALV (+0,85%)
• 
  $DTE (-2,85%)
• 
  $MBG (+1,59%)
• 
  $SIE (+3,19%)
• 
  $VOW (+0,86%)

Like the car manufacturers, a number of companies in the DAX remain below the usual international payout ratios, including the family-run groups $BEI (-1,28%) Beiersdorf and $MRK (+2,21%) Merck. They pass on less than 30 percent of their profits. This leaves enough of a buffer so that dividends do not have to be reduced immediately in more difficult times.

Germany's most valuable group, $SAP (+2,08%) SAP, with a payout ratio of 85%, is pushing the limit: net profit of 3.1 billion euros in the past year compares with a total dividend payout of 2.7 billion euros. However, the profit was burdened by a one-off effect.

So far, a total of 20 companies have increased their dividends, with only $BAS (+1,27%) BASF and the three car manufacturers. Four companies have yet to do so: $RWE (+0,06%) RWE, $SY1 (-0,1%) Symrise and $VNA (+0,1%) Vonovia are likely to increase their dividends, while analysts expect $PAH3 (+1,4%) analysts expect a reduction at Porsche Holding.

Source (excerpt) & chart: Handelsblatt, 15.03.25

The $IWDA (+0,64%) is now back below its value at the beginning of the year, which is probably due to Trump's announcements on punitive tariffs.

As I have a low US weighting in my portfolio, the return is much better. For the time being, the assumption that the US economy will develop rather negatively in the coming years and that international investor confidence will also decline seems to be confirmed. Europe and Canada are now working together more closely than ever before and I believe it is likely that new trade agreements beyond CETA will be concluded. These could, for example, be agreements on the supply of raw materials or weapons, which would then benefit both partners without using the USA as a mediator (as is currently the case). Public concerns about the potential threat of war are growing, which is of course particularly good for insurance companies and the arms industry. The greater the fear in society, the greater the need to insure against this fear, for example through term life, building protection, household contents or legal expenses insurance. Primary insurers such as Allianz ( $ALV (+0,85%) ) and reinsurers such as Hannover Re ( $HNR1 (+0,07%) ) and Munich Re ($MUV2 (-0,54%) ). I do not $MUV2 (-0,54%) is not in my portfolio because I don't want to overdiversify and therefore only hold Hannover Re, which has a more stable historical performance.

If there is a fear of war, people also want to protect themselves physically, which is why they are more willing to spend a larger proportion of their economic output on defense.

All of this would benefit my portfolio. With Thales ( $HO (-2,1%) ) I am up 75% since the beginning of the year. Safran ($SAF (+3,89%) ) has also gained 25%. However, I am more convinced by Thales, as they offer cyber security products/solutions in addition to military machines. We still have a lot of demand in this area and new security concepts have to be developed all the time as the old ones can suddenly be circumvented at some point. The products are therefore never fully developed, which is why innovation is always possible, enabling higher prices due to higher quality.

So my conclusion is this: I am currently cautious about US equities. The insurance and defense sector will benefit regardless of whether war actually breaks out or not and I therefore expect returns above the market average.

Common sense has arrived......(temporarily)

Munich Re $MUV2 (-0,54%) is bringing a breath of fresh air to its shareholders! The reinsurer has not only raised its dividend, but also announced a huge share buyback program worth up to 2.0 billion euros. 💰

Shareholders can look forward to a dividend payout of EUR 20.00 per share for the past financial year 2024. This is a whopping EUR 5.00 more than in the previous year and significantly exceeds the expectations of analysts, who had forecast EUR 16.50.

In addition, Munich Re plans to buy back its own shares between April 30, 2025 and the 2026 Annual General Meeting. This will increase the total capital return to shareholders to €4.6 billion, compared with €3.5 billion in the previous year.

In addition, the Group has achieved a convincing profit of €5.67 billion in 2024, which is above its own targets. For the current year, Munich Re continues to expect a profit of 6 billion euros. The company thus remains on a record course and the dividend is a positive surprise!