Despite the aftermath of the Corona Pandemic and the ongoing Ukraine crisis, we were able to generate a profit for our customers as well as for the company in the first quarter of 2023. The company’s value has remained roughly the same, and the dividend is $0.997 per share, or 2.26%
Risk management has always been a priority as the market has been, and continues to be, difficult to predict. Another problem that had to be compensated for was the bankruptcy in the USA and Switzerland, to what extent other institutions will be affected cannot yet be estimated. In any case, this event also weakened investor confidence. With all these factors, we are nevertheless pleased to be able to look back on a positive quarter.
The dividend history for the quarter:
Outlook:
We continue to expect mixed markets, which are strongly influenced by political developments, inflation and the behavior of the Federal Reserve and the European Central Bank must also be kept in mind. As a result, the entire economic situation and the job market are under our constant observation. Our further strategy will adapt to the respective market situation, but will also be more conservative for the second quarter of 2023. We expect a quarterly result for the second quarter of 2023 in the same range as the current result.
