{"id":1753,"date":"2026-01-01T19:00:33","date_gmt":"2026-01-01T18:00:33","guid":{"rendered":"https:\/\/mueckinvest.de\/?p=1753"},"modified":"2026-04-01T06:00:00","modified_gmt":"2026-04-01T04:00:00","slug":"%d8%aa%d9%82%d9%8a%d9%8a%d9%85-%d9%85%d8%ae%d8%a7%d8%b7%d8%b1-%d8%a7%d9%84%d8%a7%d9%86%d8%a8%d8%b9%d8%a7%d8%ab%d8%a7%d8%aa-%d9%81%d9%8a-26-%d9%8a%d9%86%d8%a7%d9%8a%d8%b1","status":"publish","type":"post","link":"https:\/\/mueckinvest.com\/ar\/jan-26-einschaetzung-des-emittenrisikos\/","title":{"rendered":"\u0645\u062e\u0627\u0637\u0631 \u0627\u0644\u0645\u064f\u0635\u062f\u0631: \u064a\u0646\u0627\u064a\u0631 2026"},"content":{"rendered":"<h2 class=\"wp-block-heading\">\u0627\u0644\u062a\u062d\u0644\u064a\u0644 \u0627\u0644\u0623\u0633\u0627\u0633\u064a \u0644\u0627\u0646\u063a \u0648\u0634\u0648\u0627\u0631\u062a\u0632<\/h2>\n\n\n\n<h3 class=\"wp-block-heading\">1. \u0627\u0644\u0645\u0624\u0634\u0631\u0627\u062a \u0627\u0644\u0645\u0627\u0644\u064a\u0629<\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>\u0627\u0644\u0642\u064a\u0645\u0629 \u0627\u0644\u0633\u0648\u0642\u064a\u0629:<\/strong> \u0645\u0627 \u064a\u0642\u0627\u0631\u0628 213-218 \u0645\u0644\u064a\u0648\u0646 \u064a\u0648\u0631\u0648<\/li>\n\n\n\n<li><strong>\u0646\u0633\u0628\u0629 \u0627\u0644\u0633\u0639\u0631 \u0625\u0644\u0649 \u0627\u0644\u0623\u0631\u0628\u0627\u062d (2025):<\/strong> \u062d\u0648\u0627\u0644\u064a 8.2 - \u0648\u0647\u0648 \u062a\u0642\u064a\u064a\u0645 \u0645\u0646\u062e\u0641\u0636 \u0628\u0634\u0643\u0644 \u0643\u0628\u064a\u0631 \u0645\u0642\u0627\u0631\u0646\u0629 \u0628\u0645\u062a\u0648\u0633\u0637 \u0627\u0644\u0635\u0646\u0627\u0639\u0629<\/li>\n\n\n\n<li><strong>\u0639\u0627\u0626\u062f \u062a\u0648\u0632\u064a\u0639\u0627\u062a \u0627\u0644\u0623\u0631\u0628\u0627\u062d:<\/strong> \u064a\u062a\u0631\u0627\u0648\u062d \u0628\u064a\u0646 2.9 \u06489.1 \u0633\u0646\u0629\u060c \u0648\u0630\u0644\u0643 \u062d\u0633\u0628 \u0633\u0646\u0629 \u0627\u0644\u062d\u0633\u0627\u0628 \u0648\u0627\u0644\u062a\u0648\u0632\u064a\u0639.<\/li>\n\n\n\n<li><strong>\u0646\u0633\u0628\u0629 \u062d\u0642\u0648\u0642 \u0627\u0644\u0645\u0644\u0643\u064a\u0629:<\/strong> \u0635\u0644\u0628\u061b \u062a\u0645 \u062a\u062e\u0635\u064a\u0635 \u0645\u0628\u0644\u063a \u0625\u0636\u0627\u0641\u064a \u0642\u062f\u0631\u0647 17.3 \u0645\u0644\u064a\u0648\u0646 \u064a\u0648\u0631\u0648 \u0644\u0644\u0635\u0646\u062f\u0648\u0642 \u0644\u0645\u0648\u0627\u062c\u0647\u0629 \u0627\u0644\u0645\u062e\u0627\u0637\u0631 \u0627\u0644\u0645\u0635\u0631\u0641\u064a\u0629 \u0627\u0644\u0639\u0627\u0645\u0629.<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n\n\n\n<h3 class=\"wp-block-heading\">2. \u0633\u064a\u0627\u0633\u0629 \u0627\u0644\u0631\u0628\u062d \u0648\u0627\u0644\u062a\u0648\u0632\u064a\u0639<\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li>\u062a\u062e\u0637\u0637 \u0634\u0631\u0643\u0629 \u0644\u0627\u0646\u063a \u0622\u0646\u062f \u0634\u0648\u0627\u0631\u062a\u0632 \u0644\u062a\u0648\u0632\u064a\u0639 \u0623\u0631\u0628\u0627\u062d \u0628\u0642\u064a\u0645\u0629 [\u0627\u0644\u0645\u0628\u0644\u063a \u0645\u0641\u0642\u0648\u062f] \u0644\u0639\u0627\u0645 2025. <strong>1.75 \u064a\u0648\u0631\u0648 \u0644\u0644\u0633\u0647\u0645 \u0627\u0644\u0648\u0627\u062d\u062f<\/strong>, \u0648\u0647\u0648 \u0645\u0627 \u064a\u0639\u0627\u062f\u0644 \u062d\u0648\u0627\u0644\u064a 75% \u0645\u0646 \u0627\u0644\u0641\u0627\u0626\u0636 \u0627\u0644\u0633\u0646\u0648\u064a.<\/li>\n\n\n\n<li>\u062a\u0634\u064a\u0631 \u0646\u0633\u0628\u0629 \u0627\u0644\u062a\u0648\u0632\u064a\u0639 \u0627\u0644\u0645\u0631\u062a\u0641\u0639\u0629 \u0647\u0630\u0647 \u0625\u0644\u0649 \u0627\u0644\u062b\u0642\u0629 \u0641\u064a \u0627\u0644\u0631\u0628\u062d\u064a\u0629\u060c \u0648\u0644\u0643\u0646\u0647\u0627 \u062a\u0642\u0644\u0644 \u0645\u0646 \u0627\u0644\u0645\u0631\u0648\u0646\u0629 \u0641\u064a \u0645\u0648\u0627\u062c\u0647\u0629 \u0627\u0644\u0623\u0639\u0628\u0627\u0621 \u063a\u064a\u0631 \u0627\u0644\u0645\u062a\u0648\u0642\u0639\u0629.<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n\n\n\n<h3 class=\"wp-block-heading\">3. \u0639\u0648\u0627\u0645\u0644 \u0627\u0644\u062e\u0637\u0631<\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>\u0627\u0644\u0623\u0646\u0634\u0637\u0629 \u0627\u0644\u062a\u062c\u0627\u0631\u064a\u0629:<\/strong> \u064a\u062a\u0632\u0627\u064a\u062f \u062d\u062c\u0645 \u0627\u0644\u0623\u0639\u0645\u0627\u0644 \u0628\u0633\u0631\u0639\u0629\u060c \u0645\u0645\u0627 \u064a\u0633\u062a\u0644\u0632\u0645 \u0645\u062a\u0637\u0644\u0628\u0627\u062a \u0623\u0639\u0644\u0649 \u0644\u0644\u0648\u062f\u0627\u0626\u0639 \u0627\u0644\u0623\u0645\u0646\u064a\u0629 (\u0627\u0644\u0647\u0648\u0627\u0645\u0634).<\/li>\n\n\n\n<li><strong>\u0627\u0644\u0627\u0639\u062a\u0645\u0627\u062f \u0639\u0644\u0649 \u0628\u064a\u0626\u0629 \u0633\u0648\u0642 \u0631\u0623\u0633 \u0627\u0644\u0645\u0627\u0644:<\/strong> \u0628\u0627\u0639\u062a\u0628\u0627\u0631\u0647\u0627 \u0628\u0646\u0643\u064b\u0627 \u0644\u062a\u062f\u0627\u0648\u0644 \u0627\u0644\u0623\u0648\u0631\u0627\u0642 \u0627\u0644\u0645\u0627\u0644\u064a\u0629\u060c \u0641\u0625\u0646 \u0644\u0627\u0646\u063a \u0648\u0634\u0648\u0627\u0631\u062a\u0632 \u062a\u0639\u062a\u0645\u062f \u0628\u0634\u0643\u0644 \u0643\u0628\u064a\u0631 \u0639\u0644\u0649 \u0627\u0644\u0638\u0631\u0648\u0641 \u0627\u0644\u0627\u0642\u062a\u0635\u0627\u062f\u064a\u0629 \u0648\u0645\u0639\u0646\u0648\u064a\u0627\u062a \u0627\u0644\u0633\u0648\u0642.<\/li>\n\n\n\n<li><strong>\u0633\u064a\u0627\u0633\u0629 \u062a\u0648\u0632\u064a\u0639 \u0627\u0644\u0623\u0631\u0628\u0627\u062d:<\/strong> \u0642\u062f \u062a\u0624\u062f\u064a \u0633\u064a\u0627\u0633\u0629 \u062a\u0648\u0632\u064a\u0639 \u0627\u0644\u0623\u0631\u0628\u0627\u062d \u0627\u0644\u0639\u062f\u0648\u0627\u0646\u064a\u0629 \u0625\u0644\u0649 \u0625\u0636\u0639\u0627\u0641 \u0627\u0644\u0642\u0627\u0639\u062f\u0629 \u0627\u0644\u0631\u0623\u0633\u0645\u0627\u0644\u064a\u0629 \u0641\u064a \u062d\u0627\u0644\u0629 \u062d\u062f\u0648\u062b \u0636\u063a\u0648\u0637 \u0641\u064a \u0627\u0644\u0633\u0648\u0642.<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n\n\n\n<h3 class=\"wp-block-heading\">4. \u0627\u0644\u0627\u062d\u062a\u0645\u0627\u0644\u0627\u062a<\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>\u0623\u0631\u0628\u0627\u062d \u0645\u0633\u062a\u0642\u0631\u0629:<\/strong> \u0623\u0638\u0647\u0631 \u0646\u0645\u0648 \u0627\u0644\u0623\u0631\u0628\u0627\u062d \u0627\u062a\u062c\u0627\u0647\u0627\u064b \u062a\u0635\u0627\u0639\u062f\u064a\u0627\u064b \u0648\u0627\u0636\u062d\u0627\u064b \u0645\u0646\u0630 \u0639\u0627\u0645 2019.<\/li>\n\n\n\n<li><strong>\u062a\u0642\u064a\u064a\u0645 \u062c\u0630\u0627\u0628:<\/strong> \u0627\u0646\u062e\u0641\u0627\u0636 \u0646\u0633\u0628\u0629 \u0627\u0644\u0633\u0639\u0631 \u0625\u0644\u0649 \u0627\u0644\u0623\u0631\u0628\u0627\u062d \u0648\u0627\u0631\u062a\u0641\u0627\u0639 \u0639\u0627\u0626\u062f \u062a\u0648\u0632\u064a\u0639\u0627\u062a \u0627\u0644\u0623\u0631\u0628\u0627\u062d \u064a\u062c\u0639\u0644\u0627\u0646 \u0627\u0644\u0633\u0647\u0645 \u062c\u0630\u0627\u0628\u064b\u0627 \u0644\u0644\u0645\u0633\u062a\u062b\u0645\u0631\u064a\u0646.<\/li>\n\n\n\n<li><strong>\u0647\u0627\u0645\u0634 \u0627\u0644\u0623\u0645\u0627\u0646 \u0645\u0646 \u0627\u0644\u0645\u062e\u0627\u0637\u0631:<\/strong> \u0625\u0646 \u062a\u062e\u0635\u064a\u0635 \u0627\u0644\u0623\u0645\u0648\u0627\u0644 \u0644\u0644\u0635\u0646\u062f\u0648\u0642 \u0644\u0645\u0648\u0627\u062c\u0647\u0629 \u0627\u0644\u0645\u062e\u0627\u0637\u0631 \u0627\u0644\u0645\u0635\u0631\u0641\u064a\u0629 \u0627\u0644\u0639\u0627\u0645\u0629 \u064a\u0639\u0632\u0632 \u0631\u0623\u0633 \u0627\u0644\u0645\u0627\u0644 \u0648\u064a\u0642\u0644\u0644 \u0645\u0646 \u0627\u0644\u0645\u062e\u0627\u0637\u0631 \u0627\u0644\u0646\u0638\u0627\u0645\u064a\u0629.<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\">\u062a\u0642\u064a\u064a\u0645 \u0645\u062e\u0627\u0637\u0631 \u062c\u0647\u0629 \u0627\u0644\u0625\u0635\u062f\u0627\u0631<\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>\u0639\u0644\u0649 \u0627\u0644\u0645\u062f\u0649 \u0627\u0644\u0642\u0635\u064a\u0631:<\/strong> \u0644\u0627 \u062a\u0648\u062c\u062f \u0645\u062e\u0627\u0637\u0631 \u062d\u0627\u062f\u0629 \u0638\u0627\u0647\u0631\u0629 \u0639\u0644\u0649 \u0627\u0644\u062c\u0647\u0629 \u0627\u0644\u0645\u0635\u062f\u0631\u0629. \u064a\u0634\u064a\u0631 \u0643\u0641\u0627\u064a\u0629 \u0631\u0623\u0633 \u0627\u0644\u0645\u0627\u0644 \u0627\u0644\u0642\u0648\u064a\u0629 \u0648\u0645\u062e\u0635\u0635\u0627\u062a \u0627\u0644\u0645\u062e\u0627\u0637\u0631 \u0625\u0644\u0649 \u0627\u0644\u0627\u0633\u062a\u0642\u0631\u0627\u0631.<\/li>\n\n\n\n<li><strong>\u0639\u0644\u0649 \u0627\u0644\u0645\u062f\u0649 \u0627\u0644\u0645\u062a\u0648\u0633\u0637:<\/strong> \u062a\u0643\u0645\u0646 \u0627\u0644\u0645\u062e\u0627\u0637\u0631 \u0627\u0644\u0631\u0626\u064a\u0633\u064a\u0629 \u0641\u064a \u0627\u0631\u062a\u0641\u0627\u0639 \u0646\u0633\u0628\u0629 \u062a\u0648\u0632\u064a\u0639 \u0627\u0644\u0623\u0631\u0628\u0627\u062d \u0648\u0627\u0644\u0627\u0639\u062a\u0645\u0627\u062f \u0627\u0644\u0643\u0628\u064a\u0631 \u0639\u0644\u0649 \u062d\u062c\u0645 \u0627\u0644\u062a\u062f\u0627\u0648\u0644. \u0648\u0641\u064a \u062d\u0627\u0644 \u0627\u0646\u0647\u064a\u0627\u0631 \u0628\u064a\u0626\u0629 \u0627\u0644\u0633\u0648\u0642 \u0641\u062c\u0623\u0629\u060c \u0642\u062f \u064a\u062a\u0639\u0631\u0636 \u0631\u0623\u0633 \u0627\u0644\u0645\u0627\u0644 \u0644\u0636\u063a\u0648\u0637.<\/li>\n\n\n\n<li><strong>\u0639\u0644\u0649 \u0627\u0644\u0645\u062f\u0649 \u0627\u0644\u0637\u0648\u064a\u0644:<\/strong> \u0625\u0646 \u0627\u0633\u062a\u0631\u0627\u062a\u064a\u062c\u064a\u0629 \u062a\u0648\u0632\u064a\u0639 \u0623\u0631\u0628\u0627\u062d \u0639\u0627\u0644\u064a\u0629 \u0648\u062a\u0639\u0632\u064a\u0632 \u062d\u0642\u0648\u0642 \u0627\u0644\u0645\u0644\u0643\u064a\u0629 \u0641\u064a \u0622\u0646 \u0648\u0627\u062d\u062f \u0627\u0633\u062a\u0631\u0627\u062a\u064a\u062c\u064a\u0629 \u0625\u064a\u062c\u0627\u0628\u064a\u0629 \u0645\u0646 \u062d\u064a\u062b \u0627\u0644\u0645\u0628\u062f\u0623. \u0648\u0645\u0639 \u0630\u0644\u0643\u060c \u062a\u0638\u0644 \u0627\u0644\u0631\u0628\u062d\u064a\u0629 \u0627\u0644\u0645\u0633\u062a\u062f\u0627\u0645\u0629 \u0623\u0645\u0631\u0627\u064b \u0628\u0627\u0644\u063a \u0627\u0644\u0623\u0647\u0645\u064a\u0629 \u0641\u064a \u0642\u0637\u0627\u0639 \u0627\u0644\u062e\u062f\u0645\u0627\u062a \u0627\u0644\u0645\u0627\u0644\u064a\u0629 \u0627\u0644\u0645\u062a\u0642\u0644\u0628.<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\">\u062c\u062f\u0648\u0644 \u0645\u0642\u0627\u0631\u0646\u0629 \u2013 \u0627\u0644\u0641\u0631\u0635 \u0645\u0642\u0627\u0628\u0644 \u0627\u0644\u0645\u062e\u0627\u0637\u0631<\/h2>\n\n\n\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><thead><tr><th>\u0639\u0627\u0645\u0644<\/th><th>\u0641\u0631\u0635<\/th><th>\u0627\u0644\u0645\u062e\u0627\u0637\u0631<\/th><\/tr><\/thead><tbody><tr><td>\u0627\u0644\u062a\u0642\u064a\u064a\u0645 (\u0646\u0633\u0628\u0629 \u0627\u0644\u0633\u0639\u0631 \u0625\u0644\u0649 \u0627\u0644\u0623\u0631\u0628\u0627\u062d)<\/td><td>\u0645\u0646\u062e\u0641\u0636 \u0628\u0634\u0643\u0644 \u062c\u0630\u0627\u0628 (\u062d\u0648\u0627\u0644\u064a 8.2)<\/td><td>\u062a\u0648\u0642\u0639\u0627\u062a \u0646\u0645\u0648 \u0645\u0646\u062e\u0641\u0636\u0629 \u0641\u064a \u0627\u0644\u0623\u0633\u0648\u0627\u0642 \u0627\u0644\u0631\u0627\u0643\u062f\u0629<\/td><\/tr><tr><td>\u0633\u064a\u0627\u0633\u0629 \u062a\u0648\u0632\u064a\u0639 \u0627\u0644\u0623\u0631\u0628\u0627\u062d<\/td><td>\u0639\u0648\u0627\u0626\u062f \u0639\u0627\u0644\u064a\u0629\u060c \u0635\u062f\u064a\u0642\u0629 \u0644\u0644\u0645\u0633\u0627\u0647\u0645\u064a\u0646<\/td><td>\u0646\u0633\u0628\u0629 \u062a\u0648\u0632\u064a\u0639 \u0627\u0644\u0623\u0631\u0628\u0627\u062d \u0627\u0644\u0628\u0627\u0644\u063a\u0629 75% \u0644\u0640 % \u062a\u0642\u0644\u0644 \u0645\u0646 \u0627\u0644\u0645\u0631\u0648\u0646\u0629.<\/td><\/tr><tr><td>\u0639\u062f\u0627\u0644\u0629<\/td><td>\u062a\u0639\u0632\u064a\u0632 \u0635\u0646\u0627\u062f\u064a\u0642 \u0627\u0644\u0645\u062e\u0627\u0637\u0631 \u0627\u0644\u0645\u0635\u0631\u0641\u064a\u0629<\/td><td>\u0644\u0627 \u064a\u0632\u0627\u0644 \u0627\u0644\u0627\u0639\u062a\u0645\u0627\u062f \u0639\u0644\u0649 \u062d\u062c\u0645 \u0627\u0644\u062a\u062f\u0627\u0648\u0644 \u0645\u0631\u062a\u0641\u0639\u0627\u064b<\/td><\/tr><tr><td>\u0628\u064a\u0626\u0629 \u0627\u0644\u0633\u0648\u0642<\/td><td>\u0627\u0644\u0631\u0628\u062d \u0641\u064a \u0638\u0644 \u062a\u0642\u0644\u0628\u0627\u062a \u0639\u0627\u0644\u064a\u0629<\/td><td>\u064a\u0639\u062a\u0645\u062f \u0630\u0644\u0643 \u0639\u0644\u0649 \u0627\u0644\u0638\u0631\u0648\u0641 \u0627\u0644\u0627\u0642\u062a\u0635\u0627\u062f\u064a\u0629 \u0648\u0627\u0644\u0645\u0634\u0627\u0639\u0631 \u0627\u0644\u0639\u0627\u0645\u0629<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n\n\n\n<h2 class=\"wp-block-heading\">5. \u0627\u0644\u062e\u0627\u062a\u0645\u0629<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">\u062a\u0642\u062f\u0645 \u0634\u0631\u0643\u0629 \u0644\u0627\u0646\u063a \u0622\u0646\u062f \u0634\u0648\u0627\u0631\u062a\u0632 \u0646\u0641\u0633\u0647\u0627 \u062d\u0627\u0644\u064a\u064b\u0627 \u0639\u0644\u0649 \u0627\u0644\u0646\u062d\u0648 \u0627\u0644\u062a\u0627\u0644\u064a: <strong>\u062c\u0647\u0629 \u0625\u0635\u062f\u0627\u0631 \u0642\u0648\u064a\u0629 \u0630\u0627\u062a \u062a\u0642\u064a\u064a\u0645 \u062c\u0630\u0627\u0628 \u0648\u0633\u064a\u0627\u0633\u0629 \u062a\u0648\u0632\u064a\u0639 \u0623\u0631\u0628\u0627\u062d \u0639\u0627\u0644\u064a\u0629<\/strong>. \u0644\u0627 \u062a\u0648\u062c\u062f \u0645\u062e\u0627\u0637\u0631 \u0641\u0648\u0631\u064a\u0629 \u0638\u0627\u0647\u0631\u0629 \u0639\u0644\u0649 \u0627\u0644\u062c\u0647\u0629 \u0627\u0644\u0645\u0635\u062f\u0631\u0629. \u0648\u0645\u0639 \u0630\u0644\u0643\u060c \u064a\u0646\u0628\u063a\u064a \u0639\u0644\u0649 \u0627\u0644\u0645\u0633\u062a\u062b\u0645\u0631\u064a\u0646... <strong>\u0627\u0644\u0627\u0639\u062a\u0645\u0627\u062f \u0639\u0644\u0649 \u062d\u062c\u0645 \u0627\u0644\u062a\u062f\u0627\u0648\u0644 \u0648\u0646\u0633\u0628\u0629 \u0627\u0644\u0639\u0648\u0627\u0626\u062f \u0627\u0644\u0645\u0631\u062a\u0641\u0639\u0629<\/strong> \u0631\u0627\u0642\u0628 \u0647\u0630\u0647 \u0627\u0644\u0639\u0648\u0627\u0645\u0644\u060c \u0644\u0623\u0646\u0647\u0627 \u0642\u062f \u062a\u0624\u062b\u0631 \u0639\u0644\u0649 \u0627\u0644\u0627\u0633\u062a\u0642\u0631\u0627\u0631 \u0641\u064a \u062d\u0627\u0644\u0629 \u062d\u062f\u0648\u062b \u062a\u0631\u0627\u062c\u0639 \u0641\u064a \u0627\u0644\u0633\u0648\u0642.<\/p>","protected":false},"excerpt":{"rendered":"<p>Fundamentalanalyse Lang &amp; Schwarz 1. Finanzkennzahlen 2. Gewinn- und Aussch\u00fcttungspolitik 3. Risikofaktoren 4. Chancen Bewertung des Emittentenrisikos Vergleichstabelle \u2013 Chancen vs. Risiken Faktor Chancen Risiken Bewertung (KGV) Attraktiv niedrig (ca. 8,2) Geringe Wachstumsfantasie bei stagnierenden M\u00e4rkten Dividendenpolitik Hohe Rendite, Aktion\u00e4rsfreundlich Aussch\u00fcttungsquote von 75 % reduziert Flexibilit\u00e4t Eigenmittel Fonds f\u00fcr Bankrisiken gest\u00e4rkt Abh\u00e4ngigkeit von Handelsvolumen bleibt [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"pmpro_default_level":"","_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[64],"tags":[276,394,128],"class_list":["post-1753","post","type-post","status-publish","format-standard","hentry","category-emittentenrisiko","tag-dividenden","tag-konjunktur","tag-volatilitaet","pmpro-has-access"],"aioseo_notices":[],"aioseo_head":"\n\t\t<!-- All in One SEO 4.9.10 - aioseo.com -->\n\t<meta name=\"description\" content=\"Fundamentalanalyse Lang &amp; Schwarz 1. 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