With a gross yield of 4.395%, I received my first dividend today. An amount that contributes little, but matters a lot:
- The symbolism of the first dividend income.
- The yield is slightly higher than the estimated 4.37% for that share.
- The price share price of $ALV (-1.6%) share price returns to around €355, a more reasonable price to buy.
We will see next year, but today the coffee is on Allianz. Let's hope that next May will be a good menu.
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With a gross yield of 4.395%, today I received my first dividend. A modest amount, but one that carries significant meaning:
- The symbolism of a first dividend income.
- The yield is slightly above the estimated 4.37% for this stock.
- The share price of $ALV (-1.6%) has returned to around €355 - a more reasonable level to consider buying.
We'll see what next year brings, but for now, today's coffee is on Allianz. Let's hope that by next May, it'll cover a decent meal.
