Editor's Note: There is much greater volume on the Brussels exchange.
I have been writing a few articles about European companies lately and already discovered quite a few interesting investment ideas. Today, I'd like to make a case for Bpost (OTC:BPOSF) (OTCPK:BPOSY), the Belgian post service company. It's paying a pretty decent dividend and more importantly, the dividend seems to be safe as it's being covered by the company's free cash flow.
In this article, I'm making a case for Bpost as a safe dividend play with buyout potential, as its operating and financial performance are making this company the best-of-breed in Europe.
Bpost has a more liquid listing on Euronext Brussels, and it's part
|FREE||SA PRO MEMBERS|
|IDEA GENERATOR||X||Exclusive access to 10 PRO ideas every day|
|INVESTING IDEAS LIBRARY||X||Exclusive access to PRO library of more than 15,000 ideas|
|SECTOR EXPERT NETWORK||X||Exclusive access to all sector experts for direct consultation|
|PERFORMANCE TRACKING||X||Track performance of all PRO stock ideas|
|PROFESSIONAL TOOLS||X||Professional Idea Filters to zero-in based on industry, market cap and more|