Today I purchased 30 shares BMW at a price of €71,75. I already had BMW for some time on my watchlist and I decided to buy 30 shares today. This also because the stocks are trading around a 52 week low. Due to the effect of trade war tariffs and exchange rates BMW is expecting pressure on their profitability.
As a result of the selloff on the stock exchanges this week I consider it a good moment to pick up a few BMW shares for the long term.
As a result of this purchase I add €120 to my yearly estimated dividend income. The current dividend per share is €4 so the current yield is 5,57%.