Tuesday, July 7, 2020

Dividend Report: June 2020

We're done with June! Let's see how many companies sent me a dividend check for my ownership. These checks are the results of decisions I made earlier in life, sometimes years ago, where I decided to purchase shares in these companies. Nowaydays I still collect these checks but I have to do absolutely nothing to receive them. They just get deposited in my brokerage account, no questions asked. Isn't that great?!


Compared to last year I received a 10% higher dividend income. I received almost € 175 before taxes, about € 150 after. As mentioned earlier, the dividend cut of Shell stings. However, my additions to Unilever, Aflac, and earlier purchases of BEP and JNJ offered some relief. Of course the dividend raises from TROW and UNP were welcome as well! In total I got paid by 12 different companies. 

Based on stock prices, almost all of my companies ended lower. Only BEP increased slightly. Big losers are Aflac, Exxon, Shell, Omega Healthcare. All of these companies decreased between 13 to 17%.

If I look at my progress based on the cumulative dividend income this year I am still about 25% ahead compared to last year. That sounds perfect, especially during these rough times! However, I expect this growth percentage to come down during the year because of the dividend cuts I received in the last two months and the slow dividend growth going forward.


My current forward dividend is slightly below € 1.700,-. I just keep doing what I've been doing in the last years: work, earn money, deposit into my brokerage as much as I can and keep buying income producing assets to enhance my financial situation. Rinse and repeat.

Sunday, July 5, 2020

Dividend raise: Realty Income

Recently Realty Income Corporation (Realty Income, NYSE: O) announced its Board of Directors has declared an increase in the company's common stock monthly cash dividend to $0.2335 per share from $0.233 per share. This raise adds a whopping € 0,14 to my annual dividend income. Ka-ching!


All jokes aside, Realty Income increases their dividend on more than one occasion each year. Last year they raised the dividend 5 times. This is their fourth raise already in 2020. Hopefully there's more to come this year!




So far this is my 17th dividend raise (and two cuts). The Royal Dutch Shell dividend cut still stings and weights heavily on the dividend growth this year. All the raises combined added roughly € 95 to my annual dividend income, however the two cuts decreased my dividend income with more than € 170, for a net reduction of € 77. Let's what the rest of 2020 brings us. I'll keep you updated!

Did you like the dividend raise of O? Do you think the dividend is safe during COVID-19 times? 

Monday, June 1, 2020

Monthly report: May 2020

We're done with May! Let's see how many companies sent me a dividend check for my ownership. These checks are the results of decisions I made earlier in life, sometimes years ago, where I decided to purchase shares in these companies. Nowaydays I still collect these checks but I have to do absolutely nothing to receive them. They just get deposited in my brokerage account, no questions asked. Isn't that great?!



Compared to last year I received a slightly lower dividend income. This is mostly because of the Accell dividend cut I mentioned earlier but the muted (in some case non-existent) dividend growth doesn't help either. Nonetheless, I still received € 94 after taxes. I got paid by 5 different companies. 

Based on stock prices, all companies ended up this month. Only RDS and Aflac finished were they started at the beginning of this month. These two happened to be my last two purchases (here and here). What's up with that?!

If I look at my progress based on the cumulative dividend income this year I am about 25% ahead compared to last year. That sounds perfect, especially during these rough times! However, I expect this growth percentage to come down during the year because of the dividend cuts I received in the last two months and the slow dividend growth going forward.






My current forward divided is slightly below € 1.700,-. I just keep doing what I've been doing in the last years: work, earn my wages, deposit into my brokerage as much as I can and keep buying income producing assets to enhance my financial situation. Rinse and repeat.

Sunday, May 24, 2020

Monthly Report: April 2020

We're almost done with May, but I still have to report on my dividends in the month of April. Let's see how many companies sent me a dividend check for my ownership. These checks are the results of decisions I made earlier in life, sometimes years ago, where I decided to purchase shares in these companies. Nowaydays I still collect these checks but I have to do absolutely nothing to receive them. They just get deposited in my brokerage account, no questions asked. Isn't that great?!



I received € 44 after taxes. This is a slight increase from last year. I got paid by 5 different companies, I guess April is a slow month for me. If I look at my progress based on the cumulative dividend income this year I am about 32% ahead compared to last year. That sounds perfect, especially during these rough times! However, I expect this growth percentage to come down during the year because of the dividend cuts I received in the last two months.


Current forward divided is around € 1.700,-. I just keep doing what I've been doing in the last years: work, earn my wages, deposit into my brokerage as much as I can and keep buying income producing assets to enhance my financial situation. Rinse and repeat.

Tuesday, May 5, 2020

Dividend raises, and a dividend cut!

Recently I received a few dividend raises and a cut.
These raises added about € 6 to my annual dividend income. Too bad I also had my 2nd dividend cut this year, after Accel suspended its annual dividend. Royal Dutch Shell decided to slash its dividend with 66%. This is a unprecedented move for the company but I guess they didn't have any other option. Oil prices were low already due to the geopolitical struggles between big oil producing countries. Then COVID-19 entered our world which lowered demand drastically. This perfect storm (or black swan) was just too much. Too bad Shell was (and still is) a big part of my dividend portfolio so my forward annual dividend took a big hit.



Thursday, April 9, 2020

Recent buy: Aflac

Last week I've purchased another batch of shares. After my recent purchase of Shell of a few weeks ago it was time for me to pounce again on the recent pullback due to COVID-19. 
I've added 24 shares of Aflac to my portfolio. Aflac is an existing position in my portfolio. I bought my first shares back in 2014 for a split-adjusted price of around $ 31. The price has been hovering between $50 and $55 before all the market turmoil began. Aflac crashed about 40% so I thought it was time to add a little bit to my existing position.

I now own 80 shares of Aflac. These new 24 shares add roughly €25 to my annual forward dividend income which now stands at €1.892.

What do you think of my purchase? And my reasoning?

Wednesday, April 8, 2020

Dividend cut: Accell

So this is my first dividend cut since a long time. Earlier, Accell decided to pay a dividend € 0,30 per share but they withdrew the proposal last week. They want to hoard cash and pulled their existing credit line as well. I guess they are making the right moves, since times are tough for the company.

I am not sure if this is a cut or just a suspension. I expect the worst, which means my annual dividend income will decrease by almost € 15. Let's see what happens with other companies in the coming weeks.