BASF – Why this 4% yielding stock is worth an investment

BASFOn the 15th of November I bought shares in BASF at a price of EUR 67.50. At this price, BASF fulfilled only three of my seven investment criteria. Find below the reasons I still considered an investment and a detailed analysis here (PDF file).

BASF is the largest chemical producer in the world headquartered in Ludwigshafen, Germany. The BASF Group comprises subsidiaries and joint ventures in more than 80 countries and operates six integrated productions sites and more than 390 other production sites in Europe , Asia, Australia, Americas and Africa. It serves well knowed customers in more than 200 countries and supplies products to a wide variety of industries. End of 2013, the company employed more than 112,000 people with more than 52,500 in Germany alone. In 2013, the company posted sales of c. EUR 74bn and adj. EBIT of EUR 7.2bn. The company currently seeks growth in emerging markets such as Asia.  (Source: BASF, Wikipedia).

At a price of EUR 67.50 BASF fulfills only three of my seven investmen criteria. It misses on the dividend streak as outlined bellow but provides a yield greater than my 4% target.BASF investment criteria Continue reading

Welcome everybody to my new dividend investor blog!

Nothing much to read right now? Don’t worry! I am just getting started. Instead of keeping my “investment knowledge” for myself I decided to share it with interested readers. Why I think I have investment knowledge? Well, some of you might think (and often you are right) that in the financial services industry you don’t learn a lot for life, one thing is sure: you know the math and the analytics to make investment decisions of any kind. How you use or sell them is a different story, obviously!

So, this blog is for you to follow my ideas on how to build-up and maintain a dedicated investment strategy for investing in dividend growth stocks around the globe. I will timely provide you with in-detail research on selected stocks that found the way from my screening process, to my watchlist and finally to my portfolio. These stock purchases will be checked against my pre-defined investment criteria making the investment process easy to follow for you. I especially take into consideration the perspective of a German investor. As time comes by, you will enjoy tools, tips & tricks on how to establish a dividend strategy for yourself and follow your own investment (and expense) process to finally become a real dividend investor. Stay tuned and let’s keep adding a little financial independence as time passes by!