Wednesday, June 5, 2024

New purchase : DWS Group GmbH

Initiated new position in portfolio by purchasing 25 shares of DWS Group Gmbh (ETR:DWS).

The DWS Group (Formerly: Deutsche Asset Management) commonly referred to as DWS, is a German asset management company. It previously operated as part of Deutsche Bank until 2018 where it became a separate entity through an initial public offering on the Frankfurt Stock Exchange. It is currently headquartered in Frankfurt, Germany and is a constituent member of the SDAX index. 

DWS Group pays a huge special dividend this year which was the main reason for initiating this position. But it has also been growing dividend constantly since becoming public in 2018.

 

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