Recent Buy: Mandatum Oyj

Dividend re-investment time and – as a continuation of the previous purchase – I decided to even out the total share count by purchasing additional 150 shares of Mandatum Oyj for 5,47 EUR per share. This brings the total share count to even 2700 shares. I might eventually increase the position to full 3000 shares but we are hovering around my anticipated full position already now. Mandatum seems to be exceptionally well positioned for the coming years as winding down legacy products enables thick dividends while expanding other asset light product lines. Dividends alone should be able to maintain stock prices above current levels but sector itself tends to be risky and can be easily shaken by external forces for which there has been no shortage of lately.