Why You Should Buy Samsung Shares in 2023
Samsung is one of the world’s leading technology companies, producing a wide range of products such as smartphones, TVs, laptops, appliances and semiconductors. The company has a strong brand reputation, a loyal customer base and a diversified revenue stream. Samsung also invests heavily in research and development, innovation and sustainability.
In this article, we will explore some of the reasons why you should consider buying Samsung shares in 2023, and how you can do it easily and safely.
The Benefits of Buying Samsung Shares
Here are some of the benefits of buying Samsung shares:
- Growth potential: Samsung has been growing steadily over the years, increasing its sales, profits and market share. The company has also been expanding into new markets and segments, such as 5G, artificial intelligence, cloud computing and biotechnology. Samsung is expected to benefit from the increasing demand for these technologies in the future.
- Competitive advantage: Samsung has a competitive advantage over its rivals in terms of quality, innovation and cost efficiency. The company has a strong supply chain, a large scale of production and a high level of vertical integration. Samsung also has a leading position in the global semiconductor industry, which gives it an edge in developing and manufacturing advanced chips for its own products and other customers.
- Dividend income: Samsung pays regular dividends to its shareholders, which can provide a steady source of income. The company has a dividend payout ratio of about 40%, which means it distributes 40% of its earnings to its shareholders. The dividend yield of Samsung shares is currently around 2%, which is higher than the average of the technology sector.
How to Buy Samsung Shares
The easiest way for most UK traders and investors to buy shares of Samsung is to go through a licensed and registered brokerage. A broker will match your purchase order with a sale of Samsung shares from another investor on the London Stock Exchange and then hold the shares in your account.
To buy Samsung shares on the stock market, you need to follow these steps:
- Find an online broker offering stock investments.
- Open your trading account by filling out a simple form.
- Deposit funds into your account.
- Search for the stock using its ticker symbol (SMSN).
- Place a buy order to add Samsung to your stock portfolio.
You can also buy Samsung shares indirectly through an exchange-traded fund (ETF) that invests in South Korean companies. An ETF is a single investment that holds a variety pack of stocks that all share some common trait, such as industry type, market cap or country of origin. There are a handful of ETFs that count Samsung among their major holdings. For example, the iShares MSCI South Korea ETF (EWY) has about 23% of its value in Samsung shares.
Samsung is a well-established and reputable technology company that offers many benefits to its shareholders. The company has a strong growth potential, a competitive advantage and a dividend income. If you are interested in buying Samsung shares in 2023, you can do it easily and safely through an online broker or an ETF.