fredag 8 april 2022

Reinvesting SBB dividend (1)

Didn't take long until I got a dividend to reinvest from SBB. Also SBB has now declared the monthly dividend to be SEK 0.11. Hopefully they will become a Swedish dividend champion with a steady dividend growth. There's been a lot of turbulence in SBB recent week, there's been a lot of shorts on the company and it's come down a bit in price. I can't say if they will face severe problems with the raising of rates but I think they will keep growing.

Stocks owned: 1,300
Dividend per stock: SEK 0.25
Dividend received: SEK 325.00
Reinvested number of stocks: 8 (SEK 42.50 x 8 = SEK 340.00).

Stocks owned after reinvesting: 1,308

Effect on yearly dividend: +SEK 10.56 

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