EUXTF - Euronext: A Buy And Hold Forever With A 2.4% Dividend Yield And An Upcoming Rights Issue
- Euronext is still performing strong in Q3, although the results are not as spectacular as in H1 2020.
- The share price remains under pressure due to an upcoming rights issue to finance the Borsa Italiana acquisition.
- The higher share count and higher net debt after that acquisition should not have a major impact on the dividend.
- I will reinitiate a long position soon and intend to participate in the rights issue.
For further details see:
Euronext: A Buy And Hold Forever With A 2.4% Dividend Yield And An Upcoming Rights Issue