AHEXF - Adecco Group: A Fully Covered 6% Dividend Yield

• Adecco is one of the main players in the HR/recruitment sector.
• The asset-light model results in very strong free cash flow results.
• Shareholders are benefiting as a 2.50 CHF dividend will be paid out based on the 2021 results - and half of the dividend will be tax-free.
• The market seems to be disappointed with the acquisition of AKKA Technologies. Understandable, but there's upside as synergy benefits are unlocked.

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