fredag 16 juni 2023

Reinvesting Boliden dividend (2)

Boliden continued their tradition of paying out a bonus dividend this year as well. This week they flagged for a loss in the Q2 so it's not looking great at the moment. Unlucky I bought the shares before this news broke.

Could this be early warning signs of a recession? Mining are some of the first ones to be hit I believe, as companies start to decrease their need for raw materials in anticipation of what's to come.

Should I stop posting each reinvestment separately and just do a combined post for each month about how many and what the effects are? It feels like there was such a flood of these posts this spring, it's cluttering the blog. Coming months are not as affected by this issue.

Stocks owned: 161
Dividend per stock: SEK 11.50
Dividend received: SEK 1,851.50
Reinvested number of stocks: 5

Stocks owned after reinvesting: 166

Effect on yearly dividend: +SEK 75.00

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