We said it before, but we gladly repeat it: We love dividends 🙂
And now it is time for a new dividend update for the last quarter of 2017. This quarter we received twice as much as in Q3, which was primarily due to the high dividend paid out by Fortescue Metals Group. When we bought the stock the price was pressured by high debt in the company, but it quickly managed to bring down the debt, which caused the price to recover and made the cash generation available for payouts. Hurray for buying a stock at the right time and for debt restructuring cases that goes right!
We got 2.084 DKK (334 USD)!
The shown dividends are after local taxes.
Lets see what 2018 will bring!