Good news for our portfolio, this week LafargeHolcim decided to reward their shareholder with a surprise dividend paid in shares. The distribution was 1 new share for every 20 shares, so with the 500 shares we bought on July 30th (Portfolio increase) we received 25 news shares at 0.0$ value. Therefore our average price reduce by 2.88CHF to 63.3CHF.
These 25 new shares will increase by 32.5 CHF based on the 2015 dividend. So it really a nice surprise.
Wishing you all a good weekend and hope that you received dividends in September?