Recent addition: Pepsico
On thursday the 17th of May I decided to let go of my Sanofi shares, I collected the yearly payout and got a small capital gain. I let them go as I’d like to focus more on quarterly dividends and I don’t really like the tax situation in France, it’s too much of a hassle for me. This resulted in a -€38,18 for my net yearly dividends.
With some reinvested dividends, fresh capital and the capital that was unlocked by the sell of Sanofi I decided to increase my Pepsico position. 21 Shares were bought for $97,84, this adds a net dividend of $66,22 to my account. This makes Pepsico the largest position in my portfolio with 10,73%, followed by Unilever 9,95% and Starbucks 8,16%.
The recent weakness in Pepsico almost kept me up at nights, I had only 10 shares and was desperate to capitalize on this weakness. Their dividend yield has never been as high as it is now, not even in recessions, roughly 3,80% yield on a stock that has increased their dividend 46 years in a row. Their most recent raise was 15,22% back in February, that’s great for such a stable company, and also they have 22 billion dollar brands, how insane is that?
All in all, I’m extremely happy with my new shares as I had to watch for a few weeks how the entire DGI community got into this great stock and I had to sit on the sidelines until today.
My new position of 31 shares will bring me a total net dividend of $97,76.
Did you too, buy some Pepsico lately?