Growth Investor Turned Dividend Investor from Heavy Moat Investment| Ep 308

<p>Niklas from Heavy Moat Investments is back. Last time he barely cared about dividends. Now 80% of his portfolio pays one. We talk about how becoming a dad changed the way he looks at risk, why he raised his hurdle rate to 15-20%, why buybacks often disappoint, and how Edenred became his biggest position after trading at around 5x cash flow.Also this week: Novo Nordisk&#39;s messy capital markets day, dividend hikes from T-Mobile US and GE Healthcare, and your questions on consumer staples, insurers and AI, Engie and Enel, BIPC, 5% Treasuries and Niklas&#39;s top pick, InnoScripta.<strong>Get free samples of our premium newsletter: </strong>https://dividendtalk.eu/download-your-free-samples/</p><p><strong>Join us on </strong></p><p><em><strong>Discord</strong></em>: https://discord.gg/nJyt9KWAB5<em><strong>Facebook </strong></em>: https://www.facebook.com/groups/dividendtalk</p><p><em><strong>Niklas on Substack: </strong></em>https://heavymoatinvestments.substack.com or @stonkmetal on X<br></p><p><strong>Real Life Meetup in Budapest - </strong>https://docs.google.com/forms/u/2/d/e/1FAIpQLSeD8Hs0Hop16D1upiFlUw4SGjfLh2nim1kmb17ASMYGBJYBaw/viewform?usp=header</p><p>Not financial advice. Do your own research.</p><p><br></p>