Looking to start my research into Polish company dividend paying shares......any, and all, advice appreciated.
Starting a Portfolio, Poland dividend shares
At the moment that is quite difficult - the companies that used to pay reliably good dividends are mostly state controlled and the government has been extracting a lot of cash from them in the last few years. That's PZU, KGHM etc. In addition the government has stuffed their boards with cronies and it's difficult to get bottom line growth in those circumstances.
Other good dividends paid used to be the Polish banks, but they have been hit by taxes that have halved their profits. Other big players like LPP and CCC have suspended dividends due to Covid.
Look maybe at some of the pharma players in Poland that are listed ?
I think it will be like this for a few years - if you want dividends then you are better off with US stocks though even those have very low dividend yields right now.
Other good dividends paid used to be the Polish banks, but they have been hit by taxes that have halved their profits. Other big players like LPP and CCC have suspended dividends due to Covid.
Look maybe at some of the pharma players in Poland that are listed ?
I think it will be like this for a few years - if you want dividends then you are better off with US stocks though even those have very low dividend yields right now.
johnny reb 48 | 8010
16 Nov 2020 #3
- you are better off with US stocks though even those have very low dividend yields right now.
Really !
I have a couple that are yielding 12.25%.
nasdaq.com/market-activity/stocks/cim
But what do I know about Polish stocks, nothing.
To bad Ziemowit got ran out of here as he is quite knowledgeable and does well in the Polish stock market.
Also take into consideration that interest rates are going up which means the economy is strong, thanks to Trump.
This morning they said since another company came out with a vaccine for the virus that oil stocks have taken off again.
I gave enough risk in my day to day business so when I earned it I tend to be very conservative.
In the US I mostly hold safe stuff - Microsoft, lockheed, Starbucks etc. I know Microsoft dividend yields are about 1 percent right now.
I doubt Ziemo has done well in Polish stocks lately - it's been bad for 4-5 years now. Brokerage costs are also very high (banks are trying to recoup their lost profits that way)
In the US I mostly hold safe stuff - Microsoft, lockheed, Starbucks etc. I know Microsoft dividend yields are about 1 percent right now.
I doubt Ziemo has done well in Polish stocks lately - it's been bad for 4-5 years now. Brokerage costs are also very high (banks are trying to recoup their lost profits that way)
johnny reb 48 | 8010
16 Nov 2020 #5
OzinPoz..............
Go to the back page to Stock Market talk as I left you my opinion for you.
Maybe this thread will be merged with it.
Go to the back page to Stock Market talk as I left you my opinion for you.
Maybe this thread will be merged with it.