Earlier in January I bought 18 shares of Unilever (UNA) for € 51,56 per share. The total amount of money invested is € 928,-. Unilever currently pays an annual dividend of € 1,64 per share so with this purchase my yearly dividend income increases with € 25 after tax. My forward dividend income now is around € 1.710,-.
I already owned 50 shares, so as of now I own 68 shares. The main reasons for my purchase are:
What do you think of my purchase of Unilever? Are you currently looking to open (or add) a position in Unilever?
I already owned 50 shares, so as of now I own 68 shares. The main reasons for my purchase are:
- Unilever currently seems fairly valued (P/E of 15x) after their dip in December because of a profit warning.
- Unilever is a long-term, stable company which has performed nicely since I am an owner (since July 2013).
- I want to increase my Euro-denominated positions to reduce the impact of forex-changes on my portfolio.
- I've mentioned these reasons earlier on my blog.
What do you think of my purchase of Unilever? Are you currently looking to open (or add) a position in Unilever?
I might have to check out UL and add a few shares. I own them already, but haven't added to my position in quite a while. Great consumer staple company.
ReplyDeleteHi PIP, yeah. Price has come down slightly in recent days so it's an even better entry point :-)
Delete