3Settimana·

Dividend versus growth

I've now dumped my Realty Income position on my head in order to increase my $ABBV (-0,41%) position to 10 shares. I expect AbbVie to perform better than the Reit over the next few years.

Sales will probably continue to be driven up mainly by Rinvoq and Skyrizi. I'm slightly biased because I'm a Skyrizi patient myself, but objectively I think it looks good thanks to all the new approvals for other diagnoses.

AbbVie to the Mooon :)

01.10

Realty Income

Venduto x26 a 51,52 €

1339,52 €

8,80%

14 Commenti

Ruben Schoff@Sand

3Settimana

I will soon (have to) do the same as an Austrian, the value is fiscally unacceptable and generally reits and bdcs

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Florian Simon@FloFinance

3Settimana

@Sand What taxes are added to the dividend in AT?

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Ruben Schoff@Sand

3Settimana

@FloFinance approx. 55% total tax because it is classified as a non-classifiable fund and annual additional payments depending on what RI reports as turnover. Completely opaque not recommended

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Florian Simon@FloFinance

3Settimana

@Sand ok that's blatant. I didn't know there was such a heavy tax burden in Austria.

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Adrian@InvestmentandLaw

2Settimana

@Sand same, I will also part with $O in the medium term. But interest rates will have to fall first.

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BamBamInvest@BamBamInvest

2Settimana

@FloFinance In Austria, in addition to the capital gains tax of 27.5%, you also pay withholding tax, which cannot be credited. Furthermore, a flat-rate annual tax as a non-reporting fund, as it is not seen as a share in Austria. In addition, the poor performance as 90% is distributed, so we strongly advise against it as an Austrian.

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Florian Simon@FloFinance

2Settimana

@BamBamInvest I see. I wouldn't have invested there either :O
Thanks for the info!

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BamBamInvest@BamBamInvest

2Settimana

@FloFinance understandable and with pleasure 😊

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BamBamInvest@BamBamInvest

1Settimana

@FloFinance look here very well explained how fatal this is as an Austrian

https://youtu.be/jPe6LW_ZKEA?si=cEa6EUs2GE5cGVU9