Proximus is a no-growth story for 2019. The stock had recovered with a 20% increase during Q4. The stock is down by 6% this morning, investors preferring to move towards growth stocks while shedding no growth yield values. We believe however this is still an opportunity to buy the stock given the secure yield and the fact that the group is currently winning, slowly but surely, market share on the TV side.
01 Mar 2019
A no-growth story for 2019 but a secure dividend
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A no-growth story for 2019 but a secure dividend
Proximus SA (PROX:WBO) | 0 0 1.5% | Mkt Cap: 8,762m
- Published:
01 Mar 2019 -
Author:
Jean-Michel Salvador -
Pages:
3
Proximus is a no-growth story for 2019. The stock had recovered with a 20% increase during Q4. The stock is down by 6% this morning, investors preferring to move towards growth stocks while shedding no growth yield values. We believe however this is still an opportunity to buy the stock given the secure yield and the fact that the group is currently winning, slowly but surely, market share on the TV side.