$HAUTO (-1,3%) Hello everyone, why does this share have such a high dividend?

Hi everyone, here's a little insight into the October results of my portfolio, and well, there are also some down months - it can't always be a steep upward trend.

However, I am basically satisfied with everything and the minus in October is really within a very manageable range.

If you look at the current year as a whole...

...you quickly realize why I am still very satisfied with the future. It may not be a high performer, but for a value dividend portfolio it's still enough to build on 🫠

》IRR 21.22%《

》TTWROR 61.01%《

I am also relaxed about the future in the long term, because...

...everything is still relaxed at the upper end and let's see what else the crystal ball has in store for the future 🍊 😅

Especially since the goal of generating the FSA 1000/2000€ as quickly as possible through dividend payments has been optimally achieved, creating the potential for me to simply let profits run and not be dependent on sales, although sometimes a small take-away and later re-entry will probably be on the program more often...but that's how you keep feeling your way 🤫

However, as well as dividends, there is also some really good news: the second check-up after my operation in June was still negative and the third is due next month. The first year is always the most critical and so it's important to keep 👍🏻 and push through da....

...but let's stick to the subject of dividends...

In October, the yield was a bit lean and there was only €64.01 net dividend, which still means +76.02% YTD 💪🏻

But things are looking much better again this month, well, minus the beloved tax...

...which brings us to the top and flops of the month:

Top 3

🟢 $RIO (+0,39%) +10,32% (+16,32%)

🟢 $FTWG (+0,03%) +3,93% (+10,65%)

🟢 $YYYY (+0,65%) +3,87% (+7,46%)

Flop3

🔴 $HAUTO (-1,3%) -12,47% (+13,96%)

🔴 $MUX (+4,19%) -6,16% (+20,82%)

🔴 $DTE (+0,05%) -5,96% (-4,68€)

Purchases:

$DTE (+0,05%)

$1211 (+2,73%)

$HAUTO (-1,3%)

Disposals:

》none《

And so we continue into November with the year-end forecast, which has already been raised twice...and I wish us all a successful November ✌🏻

In October 2025, Höegh Autoliners transported $HAUTO (-1,3%) transported 1.3 million cubic meters of freight. The transport volume for the last three months (August to October) amounted to a total of 3.9 million cubic meters.

The average pro rata gross freight rate in October 2025 was USD 91.2 per cubic meter (-0.6% compared to the average gross freight rate of the last three months).

The average pro rata gross freight rate of the last three months was USD 91.8 per cubic meter.

The average pro rata net freight rate in October 2025 was USD 78.3 per cubic meter (-1.8% compared to the average net freight rate of the last three months).

The average pro rata net freight rate of the last three months was USD 79.7 per cubic meter.

The share of HH/BB in the transported freight volume amounted to 22% in October 2025.

In the last three months, the proportionate HH/BB share was 22%.

Andreas Enger, CEO Höegh Autoliners, comments: "The company achieved another strong month with a stable performance in October."

$HAUTO (-1,3%)
#dividendenzahlung

Höegh Autoliners $HAUTO (-1,3%) continued to report a solid financial performance in the third quarter of 2025. Gross sales amounted to USD 370 million/NOK 3,941 million, operating profit (EBITDA) to USD 155 million/NOK 1,650 million and net profit after tax to USD 131 million/NOK 1,395 million.

》Highlights of the quarter《

● Volume increase of around 3% compared to the second quarter thanks to particularly strong demand from Asia

● Share of orders stable at around 80%, compared to 73% in 2024

● Dividend for Q2 2025 in the amount of USD 137 million paid out in September

● Höegh Beijing sold and handed over to the new owner in September

● Dividend for Q3 2025 of USD 30 million (USD 0.1573 per share) declared and will be paid out in November

Andreas Enger, CEO of Höegh Autoliners, comments: "Q3 was another strong quarter,

However, our operating costs were negatively impacted by the weaker trade balance, a trend that is expected to continue."

》Outlook《

● Tariffs could lead to lower transport volumes over time

● Significant changes to the new US port tariffs were announced on October 10 and will take effect on October 14. The annual impact is estimated to be around 60-70 million US dollars. The company is working hard to minimize the impact.

● The operating performance in the fourth quarter is expected to be slightly below the EBITDA of the third quarter.

● In addition, the impact of the USTR measures is expected to be around USD 20 million for the quarter.

》Dividend《

Höegh Autoliners has adjusted the calculation method for dividend distributions to reflect the actual cash flow generated above a target minimum cash balance at the end of each previous quarter. The underlying dividend policy remains unchanged; the intention is still to distribute all excess cash flow.

This adjustment takes into account the need to navigate a rapidly changing market environment with less predictability and supports improved liquidity management.

As a result, there will be a one-time periodization of distributions, which will reduce the distribution for the third quarter of 2025.

As of the reporting date, the company does not plan any further uses for capital allocation beyond distributions to shareholders.

$1211 (+2,73%)

$HAUTO (-1,3%)

Another reason to change course:

BYD's eighth car carrier enters service All eight cargo ships in the BYD fleet are now operational and have an annual transportation capacity of over one million vehicles. With the BYD Jinan, BYD's car carrier fleet may not grow any further in the near future. BYD (HKG: 1211, OTCMKTS: BYDDY) has welcomed the latest addition to its car carrier fleet in the near future with the commissioning of BYD Jinan. The BYD Jinan, the eighth car carrier from the Chinese alternative fuel vehicle (NEV) manufacturer, was officially put into service, the company announced on Weibo today. The ship is named after Jinan in the eastern Chinese province of Shandong, where one of BYD's largest vehicle production sites is located.

Source: BYD

https://cnevpost.com/2025/09/28/byd-jinan-car-carrier-enters-service/

After I @lawinvest welcome to the club yesterday, I left it today at $HAUTO (-1,3%) 80% today.....

Why? A mixture of facts and now a bad feeling. I still find the stock extremely interesting as a dividend investor, but recent events have given me pause for thought, which is why I exited today with the majority of my holding. I have been holding $HAUTO (-1,3%) for almost 2 years and in some cases bought in tranches well above the current price. The dividends took it out, and in some cases I was up more than 25%. I held on. Even in April when the share price fell below €5 at its peak. The total return was still just positive and the subsequent price recovery confirmed and reassured me.

Now I feel there is a tipping point, and not just because of the drop, which otherwise didn't interest me either. In my opinion, the halfway reasonable figures are the result of order volumes being brought forward due to the tariff threats from 🍑. The slowing economy, persistently high customs duties and rising port charges are likely to reduce earnings in the future. Even the existing contracts until the end of 2026 will not make up for this. The expansion of the fleet will theoretically enable higher freight capacities, but full utilization of the additional volumes will in all likelihood only be possible through lower freight rates. And this will have an impact on earnings, not immediately, but at the latest at the beginning of the new year. I may be wrong, but I'm leaving the club for the time being for the most part. The losses result from FIFO and are more than compensated for by almost exactly 4K dividends. I can live with that. The remaining small position has a buyin of €6.65 and is my target for a re-entry after the figures and the dividend development and is much friendlier than 8.54.... If I can continue to collect at these prices, then even a greatly reduced dividend is justifiable

Since my Staffel purchase lowered the EK twice, we have seen worse prices in good times.

$HAUTO (-1,3%)

Now that the waves are rising, the stop loss was triggered yesterday.

10 % + 3x dividend over approx. 9 months - target reached.

Hope my motivated repeat buyers

@GHF
@Thomas_1963
@ColdzeroNL
@trade_commander_725

reach their target.

S

ome like the rest who haven't posted.

When I buy, the price falls, when I sell, the price rises.

Notice when GQ buys it is a negative trend.

My forecast: annual low will be reached, customs and profit margins will cut the dividend.

Money will be invested in Ares $ARCC (-0,27%) <16, Freenet $FNTN (+0,11%) <26 will be invested.

$NOC (+0,01%) Northrop is just running away from me and $4X0 (+0,96%) Steyr is coming back.