$ULVR (+0,34%) How is the split with Magnum realized? The thing has been displayed at -11% for 3 days 🤬

$ULVR (+0,34%) Good morning, since the spin-off, the price here at getquin has always been displayed at -11.11%. The ISIN has been adjusted to the new one (...T90), so that should fit. Does anyone know if I need to change or adjust anything myself?

Thanks in advance.

I was looking forward to the spin-off and the split at $ULVR (+0,34%) . But now comes a bit of disillusionment.

According to ChatGpt, my purchase price at $MICC (+3,51%) will no longer be adjusted and is therefore around €45. This is of course more than annoying and I don't think the share can reach this price level.

Who feels the same way?

The ice has unfortunately broken and melted. 😒

$ULVR (+0,34%) My bank carried out the spin-off, I have no fewer Unilever shares than before, only the average purchase price is lower, and the ISIN is GB00B10RZP78, I received one Magnum for every 5 shares: NL0015002MS2

$ULVR (+0,34%)

I can no longer find the post from earlier in which it was written that the ISIN is changing to a us-isin.

This does not seem to be true, Unilever is now tradable again under ISIN GB00BVZK7T90.

However, the acquisition costs are no longer correct. Unilever shows me a buy in of €0, while the buy in I actually have for Unilever is now shown for this Magnum share.

Has anyone else experienced this with trade Republic? How is it with other brokers?

Tomorrow is finally the IPO and as a long-term investor $ULVR (+0,34%) investor am curious to see how it develops. I am very excited about the development of TMICC, I have almost every brand in the freezer.

The sensible use of saved capital in retirement requires good planning. Especially if you want money to flow out of it regularly to secure or sweeten the third stage of your life.

Financial brokers then like to offer pension insurance based on a single payment, often called an immediate annuity.

With a normal life expectancy, the return is usually not generous because insurers usually invest very conservatively. In addition, the costs and profit margins of the insurance company further reduce the return. Consumer advocates point out that you usually have to live to be 94 years or older before you receive the investment sum back via guaranteed pensions.

It is often more profitable to park the money in a call money account.

Investments with regular distributions are an alternative. Investors are spoiled for choice between several thousand dividend-paying equity funds.

What are the relevant selection criteria? Quality and cost structure.

For some, the level of distributions may also be an important criterion in the selection process. But caution is advised here: For example, the payout ratio of the Global X Super Dividend ETF $SDIP (-0,14%) is currently over nine percent. With an investment sum of 100,000 euros, this results in a monthly inflow of around 750 euros before tax.

This is possible because the ETF invests stubbornly in the 100 companies with the highest dividends worldwide, but without any consideration of the sustainability of these distributions and the quality of the companies.

This in turn means that, without the dividends, the ETF generated a return of zero over one year and even minus 14% over three years. Investors therefore received high regular payouts, but the investment capital decreased significantly at the same time.

Savers should therefore always pay attention to how the ETF invests. There are various positive counter-examples, such as the Invesco Euro Stoxx High Dividend Low Volatility ETF $EUHD (-0,33%). Although this also focuses on high-dividend companies, it also selects according to qualitative criteria. Result: Although the payout ratio is currently "only" 5.1% per year, this amounts to around EUR 425 per month before tax for an investment sum of EUR 100,000.

However, the ETF has also achieved growth of almost 36% over the past three years, and including distributions, the gain was even over 60%. There are similarly good ETFs for various other investment regions or sectors.

Bond ETFs, on the other hand, are rarely a real alternative for private investors. Although distribution rates of four or five percent can be achieved, this is ultimately only possible with high-risk bonds or US securities with a corresponding currency risk. In addition, a positive return can rarely be achieved over and above the distribution.

A (possibly riskier) alternative is to invest in individual shares with high dividends. However, quality is even more important here. "We value companies with a strong balance sheet that are characterized by a high equity ratio and above-average returns on capital and sales," says Franz Kaim from Kidron Vermögensverwaltung in Stuttgart.

Continuity is also important. "The so-called dividend aristocrats are the gold standard for income-oriented investors," says Rainer Laborenz, Managing Partner of Azemos Vermögensverwaltung in Offenburg. "Companies that have increased their dividends for at least 25 consecutive years are included in this select group."

There are currently around 150 dividend aristocrats worldwide, 117 of which are from the USA and 33 from the rest of the world. The best-known names include Coca-Cola $KO (-1,67%)Procter & Gamble $PG (+0,45%) and Johnson & Johnson $JNJ (+0,1%) from the USA, Fresenius from Germany $FRE (-0,53%) and Unilever $ULVR (+0,34%) from Great Britain.

Other attractive dividend stocks recommended in a WELT survey of ten leading asset managers in Germany include Allianz $ALV (+1,22%)BASF $BAS (+2,99%)Beiersdorf $BEI (+1,21%)Deutsche Post $DHL (+2,59%) and Munich Re $MUV2 (+1,98%).

In other European countries, they rely on BAT $BATS (-0,55%), BP $BP. (-0,63%), Nestlé $NESN (+0,84%), NN Group $NN (+0,14%)Shell $SHEL (-0,35%) and Swiss Life $SLHN (-0,17%).

In the USA, names such as Altria $MO (+0,22%), Chevron $CVX (+0,24%)Cisco $CSCO (-1,7%), Coca-Cola, Kimberly-Clark $KMB (+0,27%) , McDonald's $MCD (+0,38%) or Pepsi $PEP (-0,54%).

Source: Text (excerpt) & table: Welt, 05.12.25

📈 Performance:

S&P500: -0.48%

MSCI World: -0.59%

DAX: -0.51%

Dividend portfolio: +2.91%

My high and low performers in November were (top/flop 3):

🟢 ($LLY (+0%) ) Eli Lilly +24.74%

🟢 ($BATS (-0,55%) ) British American Tobacco +13.36%

🟢 ($DHL (+2,59%) ) Deutsche Post +12.64%

🔴 ($TSLA (-0,36%) ) Tesla -6.57%

🔴 ($HD (+0,12%) ) Home Depot -7.61%

🔴 ($LMT (-0,44%) ) Lockheed Martin -16.76%

Dividends:

November 2025: €145.50 + €13.50 gross (Petroleo Brasileiro $PETR4 (-0,15%) )

November 2024: € 129.78

Change: +12.11%

Sales:

🟥 None

Purchases:

🟩 ($ULVR (+0,34%) ) Unilever (6 pcs.)

Savings plans:

($CTAS (+1,81%) ) Cintas (50€)

($MC (+0,18%) ) LVMH (50€)

($MSFT (-0,18%) ) Microsoft (25€)

What else has happened?

November was also very quiet. Three weeks of vacation were planned, two of which are already over. I did a few things in and around the house, but otherwise did a lot of nothing and relaxed in preparation for Christmas.

🥅 Goals for 2025:

Deposit of €10,000 and thus a deposit volume in the share portfolio of ~€73,000

Target achievement at the end of November 2025: 82.35%

So I won't reach my personal target. However, a small consolation for me: I will achieve my own and rather unofficial target of € 2400 net dividend.

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