I always loved the BMW brand. The quality of their products both externally and internally amazes me. I stumbled upon BMW shares and decided to purchase a few shares at 72.50 USD. Luckily after 12 hours I was able to earn 3.70% already.
My intention is to keep this stock in the long term as it gives reliable and stable dividends. For the past 5 years it has declared an average dividend of 4%.
I bought the stock at a P/E ratio of 12times or around 8% earnings yield. The 5 year ROE is at 13.54%.
Profit drivers will be from future Electric Vehicle Sales and the growth of the Emerging Economies which may spur demand for more luxury vehicles.
Let’s see how much more we can be able to earn from this stock in the future.
For more info on the BMW shares please visit https://ph.investing.com/equities/bay-mot-werke-ratios
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