I don't sell companies unless they get bought out buy another company. And my strategy for when that happens I invest the proceeds from the bought out company to the company that did the buying, if it's listed. This strategy would've served me well if I had used it on ActivisionBlizzard and invested in Microsoft, as well as Swedish Match into Philip Morris. In those two cases I was too afraid to reinvest as the USD was so strong. In hindsigth it would've been great investments. You learn by your mistakes.
So Kindred was bought out by the company FDJ (
). This is my first time investing in a French company. I don't really know much about them, other that they are a betting company. They pay a nice dividend and have had nice dividend growth over the past couple of years. One drawback is the high withholding tax in France, but I should receive all of that back the following year.Number of shares bought: 90
Price: EUR 35.82
Effect on yearly dividend: +SEK 1,321.65
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