Recent Buy: TeliaSonera AB

It’s relatively cold outside and TeliaSonera AB is trading near 5 euros per share – it must be summer. So instead of buying huge loads of sunscreen, I went ahead and bought additional 200 shares for 5,13 EUR per share. That could be called averaging down (average price being 5,16 EUR per share before this) on a microscopic scale.

Outlook is still the same. Expecting a dividend of at least 3 SEK for FY2015 which would be roughly 0,32 EUR per share or yield of 6,2%.

See: http://www.teliasonera.com/en/investors/outlook/