Polliesdividend

Recent buy – BBL

What a lovely decline in the oil market. A couple of stocks made a nice dip in the stock prices.

When reading a couple of Tweets about BBL last week, I was curious about this stock, so I did my own analysis.

On 21 november I bought 30 shares of Billiton PLC – ADR at $52.60 per share (incl. fees). I decided to buy BBL on the NYSE and not in London. This because an election is coming soon in England, and this can affect the Pound a lot when eurocritics will win. Therefore I bought the ADR in New York.

For more information and my analysis on BBL just read my analysis of BBL here.

With this buy, I added a little bit more than $ 64 (after taxes) of dividend to my Vrijheid Fonds. Again a small step in my journey and a step closer to my goal.

Has anyone else invested in this company recently? Any feedback is greatly appreciated!

Cheers

Pollie

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4 thoughts on “Recent buy – BBL

  1. KeithX

    Pollie,
    Nice buy. We put the cash in my wife’s IRA into BBL this past week. Might be a bit more of a downside, but long term this company should be a great addition to our portfolios.
    Best wishes,
    KeithX

  2. Hullie

    Hi Pollie,

    Nice blog, I just discovered it as a fellow dutch DGI investor, my portfolio has a lot of similarities with yours 🙂
    I was wondering if there are some negative (tax) consequences for holding an ADR as a dutch tax payer, compared to owning the “real” stock. Do you know?

    Best regards,

    Hullie

    1. Polliesdividend Post author

      Hello Hullie,
      Thanks for stopping by and taking the time to write a comment.
      As far as I know, there is no negative (tax) consequences for holding an ADR as a dutch tax payer, compared to owning the “real” stock.

      You do not pay dividend tax for ADR. That is the only difference with a normal stock

      I’m curious about your portfolio.
      Cheers,

      Pollie

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