Time to buy up some Unilever?

[Arborbridge]

Give or take, 4% yield, share price been trending downwards for some time. Not often Unilever is worth buying for it's yield. So I have tucked some away in my ISA which is going to start supplementing my pension income probably from winter 2022. One to tuck away.

RVF

Well done. I'm sure you won't regret it.

My wife's HYP is topping up ULVR too.

[richfool]

I bought back in a few days ago, - a couple of days after it went ex dividend,- at 37.74, just under the 4% yield. I am hoping the dividend will rise in the future.

[dealtn]

I bought back in a few days ago, - a couple of days after it went ex dividend,- at 37.74, just under the 4% yield. I am hoping the dividend will rise in the future.

I am hoping the price will rise in the future.

[monabri]

I'm hoping BOTH will rise in the future!

[richfool]

I'm hoping BOTH will rise in the future!

Indeed!

[ADrunkenMarcus]

A good choice!

c. 4% dividend yield and a company with a track record of growing the dividend per share at a c. 7% CAGR since 1929. Moreover, it raised its dividend for 2020.

Best wishes

Mark.

[Gerry557]

I'm hoping one will fall and the other rises!

Whilst I have already topped up in the pullback, I would mind making even more additions, providing the right one falls.

This can reverse when I don't need anymore. Then both can rise or I might not care if one rises too much.

[wanderer]

I have bought some more today and Unilever is by some stretch the largest exposure I've got to any individual company share - plus it is part of the Fundsmith portfolio where I have another slug of money.

I won't be buying any more though. I love the quality of the company and its brands but I do worry I am slightly besotted/hooked on a share which is worth less now than at the trough of the COVID slump and where I've lost the best part of 20% since October last year. Huge underperformance of the UK market by one of its largest constituents.

I worry that the market is looking at all the stuff being spouted by Alan Jope about mayonnaise needing "purpose" and is perhaps discounting the stock based on an assumption that it is about to be off on a confused, hippy-ish strategy for the next couple of years and take its eye off the ball in terms of FMCG product detail and competitiveness. The countervailing argument would be that ESG is going to be more important than ever going forward and companies like Unilever need to do much more to demonstrate environmental and social credentials to greener consumers and that the fundamental success of an FMCG company is long term investment in the health of the brand and developing it based on its origins.

I'm very much hoping that the latter is the case. But even if the "purpose" driven agenda turns out to be an unhelpful distraction and detour for company performance over a couple of years, I am hopeful that a company with the brand strength of Unilever will recover eventually and I can just keep the shares tucked away for a couple of decades.

[vand]

Seems like this is the Unilever general discussion thread -


Getting more interesting at these level @3750

viewtopic.php?p=606886#p606886

"Normally I preach buy and hold, but ULVR seems to have turned into one of these stocks that I'm happy to trade based on a range. right now for me its a overweight below 34, hold at 38, underweight above 44, sell above 48. ymmv of course"

[Gerry557]

Oops I had missed that. It actually risen a tad now. I still remember Mr Buffet et al wanting to pay a premium for these. So far it looks like current management haven't met expectations.

Back on the watch list though