VNNVF - European Champion Vonovia: Update On Dividends And COVID-19
I have already described Vonovia SE (OTCPK:VONOY; VNNF) as European Champion in previous analyses. The company has always been quite expensive, but has nevertheless delivered solid figures and has grown steadily. Nevertheless, it is noteworthy that the company has also shown impressive price stability so far. It has significantly outperformed the broader market:
Data by YCharts
In this respect, my assessment has not changed. Vonovia is a conservative investment for long-term thinking and cash flow oriented investors. As a real estate group, you can't be much better positioned to weather a prolonged