Dividend Dolphin

Last friday my position of Ahold Delhaize took a hit of more than 7% at one moment. I took the opportunity to expand on my position. I bought another 20 shares at a price of €15.50 each. Including transaction fees the total price of this purchase €312.06. With this purchase I tripled my position from 10 to 30 shares. With these shares my annual dividend income increases with about 9 Euros to €410. My cost basis dropped tot €15.90 per share. At current market price AD yields 3.68%, my yield on cost is now 3.58%. If you want more information about Ahold Delhaize you can read it in this post.

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...