First European Stock Buy: VIE:ATRS

On May 18th, 2018 I bought 100 shares of Atrium European Real Estate (VIE:ATRS) at EUR 4 per share. With its quarterly dividend of 0.0675 euro cents per share, this latest buy has a dividend yield of 6.75% and will pay EUR 6.75 every quarter. Humble but pretty awesome!

This newest stock buy marks my first purchase of European stock (excluding the Baltic stocks). In fact, I didn't plan to buy any European stocks this year and was looking to buy US stocks instead. I felt very inspired after opened a low-cost Lynx Broker account, but it turned out I'm lacking a minimum $2,000 deposit to acquire US stocks but was able to buy European stocks. Low Cost European Stock Broker - LynxBroker.com Review

That's how after a quick research, I found Atrium European Real estate.

This stock has dividend payments in March, June, September, and December. Which is cool, as most of these months (except December) are the lowest for my dividend income. This March was among the lowest dividend income month's this year, barely reaching $50. Now with adding ATRS stock, I'm looking on much better March 2019.

For the rest of the year, I'm looking to get an EUR 20.25 (USD 23.85) from this stock, which is about 1.9% from my $1,200 goal for 2018. 

2017 in Review and Financial Goals for 2018

About Atrium

Atrium is a leading owner and manager of shopping centres in Central and Eastern Europe. Atrium specializes in food-anchored shopping centres in strong locations across the region, balancing the stability of revenues from sales of groceries, fashion and day-to-day products with the opportunity of emerging markets’ growth prospects.

Founded in Jersey (Channel Islands) in 1997, the company has dual listing on the Vienna and Amsterdam Euronext stock exchanges under the ticker ATRS. 

The income-producing properties are predominantly located in Poland, the Czech Republic, Slovakia and Russia. They are managed by Atrium’s internal management team of real estate professionals, with two exceptions.