Hello everyone,
I received a letter from my bank yesterday. BCP Investment Group wants to buy back 20% of their shares. In the best case, I would make around an 11% profit if I sold during the buyback. However, I currently receive about a 10% dividend per year after taxes (based on the tax rules in my country). At the moment, I would not sell. I have held the stock for 12 months already, which means I have already gotten back 10% of my purchase price through dividends. I also believe that asset-backed lending, specialty financing, and hybrid capital are financial instruments that will be used even more in the future.
What is your opinion on BCP?