I think it is a prime example of compounding. I couldn't ask for any more as a shareholder from them to be fair. And this is the result of a strong free cash flow and a relatively low dividend because they have now 40% payout. But if you're like conservative in general in your whole approach, then they have just always room to grow still with this. Their earnings are so predictable and it didn't even spin off Boulpint.com yet,. It doesn't really contribute to the net profit and to the cash flow, free cash flow. So we're not even discounting for this when you think about fair value and such.
In today's episode, we will discuss why averaging up is so hard for us and how we try to mitigate this so that we don't fall victim to this psychology.
Besides that, we will be sharing our news of the week, lots of dividend hikes, and a portfolio review and we will answer several of your questions.
Thanks for listening and we hope that you enjoy today's dividend talk episode ๐
Google Tickers mentioned in today's show:
- News of the week: $AMS:AD, $EPA:SU
- Dividend Hikes: $SWX:NESN, $AMS:NN, $LON:RELX, $EPA:TEP, $AMS:VPK, $KO, $SWH, $AMS:HEIA, $O, $FIS