Spring season with traditional finnish dividend payment season is getting close. Therefore I initiated a new position on Lassila & Tikanoja plc with an extremely small purchase of just 10 shares for 9,00 EUR per share. My plan is to slowly build a full position but will wait for ex dividend date before buying bigger chunks. Even then I might buy my way in with small chunks over longer period of time. Reason being that Lassila & Tikanoja has traditionally been a under performing dissapointment. Lately there have been some indications of potentially and finally bottoming out, hence the intention to build a full position on it if – and only if – these indications materialize. This is diversification play with a sector that should be really defensive so in that sense if would tick multiple boxes in my longer term plan.
Month: February 2025
Recent Buy: General Mills
Dividend re-investment time and decided to initiate a new position on General Mills. I have owned General Mills in the past and in retrospect should not have exited it back in 2018. Now this is mainly a diversification play with what seems like a reasonable valuation. General Mills stock has dropped significantly during the last three years or so and is yielding about 4% so I decided to buy initial 20 shares for 57,59 USD per share. I might build a mid sized position from this but let’s see how market moves in coming months.