Recent buy – Ahold Delhaize

I am talking about it for a while now. The stock market has gone up and up in the US and I’m interested in adding some European and Canadian stocks because of portfolio diversification. So those 2 facts combine nicely. I searched for a stock that I like and I found one. Last Friday at the 5th of May I purchased shares in Ahold Delhaize.

Koninklijke Ahold Delhaize NV (AD) is a Dutch retailer with stores in Europe and the United States. The price has risen quite nicely over the last 10 years, but in the last year it moved mainly horizontally. Not to long ago Ahold merged with Delhaize to form a bigger company with better growth prospects for the future. That, combined with the European economy that is picking up places Ahold Delhaize in a great position to move forward. Also, the company is a dividend payer that increased the dividend for 9 consecutive years which is very nice for a European company (there are fluctuations in the dividend history, but this is due to extra dividends they paid). So all in all I expect a nice dividend (although yearly paid) and some price appreciation as well.

Also, the company is Dutch, so I have another stock in my home country which is good for my portfolio diversification and it reduces currency risks of the portfolio.

 

Purchase

I purchased 80 shares of ADI for a price of € 19,43 a share. Together with my fees of € 10,00 this gives a cost basis per share of € 19,56 for a total of $ 1.564,80.

This buy adds € 45,60 of forward dividends per year to my portfolio. After taxes that netts me € 38,76 per year in dividends. My forward income excluding taxes for my portfolio is now € 410,65 per year.

It took some time, but I found another stock to add to my portfolio. I still have money saved for investing, so I’m looking for another company in which I can buy stocks to increase my investments further.

What do you think of this purchase? Do you have AD in your portfolio? And did you make any recent purchases in this market? Don’t hesitate to comment below!

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