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First buy: Novo Nordisk A/S

We have liftoff!

It feels so great to be underway on my (hopefully) big FIRE adventure. My strategy is to buy different dividend stocks. In a later post I will explain my strategy in detail along with my criteria for buying a stock.

But enough talk and to the business: My first buy is danish company Novo Nordisk. They make medicine and their key business is insulin for diabetes patients.

The data:

  • Novo Nordisk a/s
  • Stock price: 40,20 €
  • P/E: 18,89 (source: nordnet.dk)
  • Dividend (2018): 0,76 € (bi-annual)
  • Dividend ratio: 37 %

I have bought 19 shares resulting in a forward dividend of 14,47 € per year.

Disclaimer – You agree that the use of europeandividend is at your own risk. In no event should europeandividend.com be liable for any direct or indirect trading losses caused by any information available on this site. I blog about my personal trading and is by no means a trading professional. 

First post

Welcome to European Dividend Blog!

Here I will post my journey towards FIRE (Financial independence retire early). I will primarily blog about dividend stocks and crowdlending. My goal is to create passive income to replace my normal income within 10-20 years.

Happy reading