Searching For Potential German Portfolio Winners

Mar. 24, 2023 7:00 AM ETBAYRY, DB3 Comments

Summary

  • With 2-5 year U.S. Treasury securities currently yielding 3-4%, it makes great sense to search for equities that offer us both a competitive dividend with possible upside potential.
  • Add to that diversifying one's portfolio with top-rated equities in the world's fourth-largest economy.
  • The two companies discussed below are household names around the globe.

Frankfurt city in Germany

StockByM

Introduction

The two companies discussed here are currently trading at reasonable multiples with current dividend yields of 2% and over 3%.

Bayer AG (OTCPK:BAYRY) at its current price of $15.00 is currently yielding 3.40% with a forward P/E ratio of

This article was written by

2006-Current, Investment Consultant, individual clients and Foundations. 2006-2016,-Managing Partner, Ascential Equity LLC, Richmond, VA. Investment Services focusing on Community Bank; mezzanine financing; and commercial leasing. 1982-2006-Director of Cash Management and Investments-Treasurer of Virginia. Responsible for oversight of $15 billion fixed income portfolio, cash management and banking services. 1974-1982-Investment Administrator, Bureau of Naval Personnel 1967-1974-Silberberg, Rosenthal and Co 1964-1967-Goldman, Sachs and Co MBA Finance, St.Johns University, Jamaica, NY BBA Finance, Pace University, NYC CFA #006270 Adjunct Professor of Finance, Virginia Commonwealth University, 1995-current. Chairman, City of Richmond Retirement System Board of Trustees and IAC 1990-March 2016. Chairman, Virginia College Savings Plan IAC 1996-2011.

Analyst’s Disclosure:I/we have a beneficial long position in the shares of BAYRY either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

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SymbolLast Price% Chg
BAYRY--
Bayer Aktiengesellschaft
DB--
Deutsche Bank Aktiengesellschaft

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