I found nothing in search, but am thinking about a “Swiss Dividend Portfolio” to keep instead of CHF cash that’s lying around (and for those that don’t want to “invest in the stock market” - like spouses and parents).
Is there already something like this? Anything better than Swiss High Yield ETF from iShares (SWX:CHDVD)? Is there an accumulating version of CHDVD maybe?
I did a search with SimplyWallSt and this is the list that came back (1b+ market cap, stable dividend 4%+):
Julius Bär (5.18%)
Vontobel Holding (4.9%)
Allreal Holding (4.43%)
OC Oerlikon (4.6%)
Mobimo Holding (4.08%)
Valiant Holding (5.58%)
This should give a rather comfy 4.5% gross (~3.6% net) dividend yield, which is way better than CHF cash lying around. Yes I’m aware that equities are not the same risk class.
I would argue this one.
As long as these are established mature companies (and most swiss bluechips are), their primary reason to exist is to return value to shareholders.
I understand that dividends come with taxation vs zero capital gains tax, but there’s only so much you can grow if you are Novartis for example. A bluechip might also better survive in a downtrend + it generates extra revenue what normal smallcap growth usually does not do.
What do you mean with this? VWRL distributes dividends as well.
Most of the Swiss blue chips generate the largest part of their revenue outside of Switzerland, so not in CHF, they are just denominated in CHF. Take Néstle for example, less than 2% of their sales are in Switzerland
I’m relatively easy if companies like SwissRe do not grow significantly or reach into a new venture area every 6 months, but just pay the 8% dividend they are supposed to be paying. (alas, with the case of SwissRe it’s unsustainable, but you get my idea).