Yesterday I initiated a new postion. I bought 10 shares of Ahold Delhaize (AMS: AD). AD is company that was formed by the merger of Ahold from The Netherlands and Delhaize from Belgium. Ahold constists of their flagship Albert Heijn the market leader in supermarkets in The Neterlands, the largest liquor store chain Gall&Gall and the reason why Amazon doesn't have a big market share in Holland, bol.com.
Most of these brands are also known in Belgium, but the main brand for Belgium is Delhaize.
Aold Delhaize is also active in the United States with brands like:
- Foodlion
- Stop&Shop
- bfresh
and many more.They are also active in Asia.
I was eyeing for AD a little while but found them a bit expensive at a share price of €20 but since the announced takeover of Wholefoods by Amazon the share prices has taken a hit and closed at €16.04 yesterday. So it was now well within the price I was willing to pay for it.
I bought 10 shares of AD at a share price of €16.30. Including transaction costs I paid a total of €165.03. Looking at the latest regular dividend AD paid this purchase will increase my annual dividend with €5.70. This purchase yields at 3.45%. My total expected annual dividend rises to €415 due to this buy.
Very nicely done, I haven't heard of them before but perhaps that is because I haven't been to The Netherlands before! Maybe one day. Cheers
BeantwoordenVerwijderenThank you.. go ahead
BeantwoordenVerwijderenHappy new year 2018