Dividend report - February 2019

It's time to give an update of the dividends I received last month. Five companies decided to pay me a dividend for my ownership. Total dividends (after tax) are around €87, 45% more than last year.

You can see the breakdown in the table below.

The report shows all sorts of things! Firstly there are big dividend raises from Deere and Kinder Morgan. I don't expect these kind of raises to continue, but they are really nice for now!

Secondly there's O with a smaller year-on-year increase. And there's Omega Healthcare (OHI) which stopped raising its dividend since last year. They have to work out various issues regarding to its tenants. I read the recent quarterly earnings report and things are definitely not solved but for now I decided to stand pat.

Finally it's the first month T is contributing to my monthly dividend income. I opened a position earlier this year. Really excited to see the first $20 paycheck returned to me!

Yearly dividend income (before taxes) stands at around €1250 which is a slight increase since last report. This is due to recent dividend raises and a favorable USD.EUR currency exchange rate.

Coca-Cola raised its dividend by 2,6%

A few days ago Coca-Cola (KO) announced a quarterly dividend raise from $0,39 to $0,40. This raise adds sightly more than € 1 to my annual dividend income.

Obviously this raise is not what I expect from my companies in general, but for KO I expected it a little but. Their payout ratio is rather high and earnings growth has been a little muted in the past years. I am an owner of KO since July 2013. I purchased shares for a price of around $40. Currently shares are worth over $45, so in price appreciation alone this position has netted me just over 2% per year. However, if you add in the dividend along the ride, the total return is bumped up to almost 6%. This is not really what I would like to see . Compared to other companies and indices KO underperformed during my holding period.

So far I received 9 dividend raises in 2019. These raises combined have added over € 21 to my forward annual dividend income. Of course I expect more raises during the rest of the year. I'll keep you updated!

Did you like the dividend raise of KO? Do you consider selling because of the low dividend growth rate?

Walmart raised its dividend by 1,9%

A few days ago Walmart (WMT) announced a quarterly dividend raise from $0,52 to $0,53. This raise of less than 2% adds not even € 1 to my annual dividend income.

Obviously this raise is not what I expect from my companies in general, but for WMT it seems to be the norm the last few years. I am an owner of WMT since July 2013. I purchased share for a price of around $75. Currently shares are worth over $99, so in price appreciation alone this position has netted me just over 5% per year. However, if you add in the dividend along the ride, the total return is bumped up to 7,5%. Normally this is a solid performance but compared to other companies and indices WMT underperformed during my holding period.

So far I received 8 dividend raises in 2019. These raises combined have added over € 20 to my forward annual dividend income. Of course I expect more raises during the rest of the year. I'll keep you updated!

Did you like the dividend raise of WMT? Do you consider selling because of the low dividend growth rate?

TROW raised its dividend by 8,6%

A few days ago T. Rowe Price (TROW) announced a quarterly dividend raise from $0,70 to $0,76. This raise of almost 9% adds just over € 4 to my annual dividend income.

I am an owner of TROW since July 2016. I purchased share for a price of around $75. Currently shares are worth over $ 97, so in price appreciation alone this position has netted me about 11% per year. However, if you add in the dividend along the ride, the total return is bumped up to 14,4%. I honestly have nothing to complain here!

The dividend has grown from $0,54 quarterly to $0,76. This is an awesome dividend growth rate of 15%. However, its payout ratio is still rather comfortable at just over 40% based on the new dividend! I therefore expect the growth to continue. Its P/E-ratio looks solid as well (13x). Together with the dividend yield of 3,1% I consider adding to this position in the near future.

So far I received 7 dividend raises in 2019. These raises combined have added almost € 20 to my forward annual dividend income. Of course I expect more raises during the rest of the year. I'll keep you updated!

Did you like the dividend raise of TROW? Do you consider purchasing TROW at this moment? How have your dividend raises been so far in general?

UNP raised its dividend by 10%

A few days ago Union Pacific (UNP) declared a $0.88/share quarterly dividend, which is a 10% increase from its prior quarterly dividend of $0.80. Since I own 15 share of UNP this raise adds about € 4 to my forward annual dividend income. This is a really solid dividend increase in my book!

I purchased my shares about 4 years ago for $108 a piece. Currently they are worth around $162, so that's roughly an 11% annual rate of return, based just on the price appreciation alone.

In the past years I've received about 10% of my original purchase price in dividends. The dividend has grown from $0,55 per share (quarterly) to its current level of $0,88 per share. That's an awesome growth rate of 13% each year. At this pace the dividend is expected to double in value about every six years! I am really content to have added this company to my portfolio a few years ago.









What do you think the dividend raise by UNP? Do you consider adding shares to your portfolio at its current price?

Aflac raised its dividend by 3,8%

A few days ago Aflac decided to raise its quarterly dividend by $0,01 to $0,27. This is a raise of 3,8% and adds roughly € 2 to my annual dividend income! Ka ching!!

So far Aflac has been a solid perfomer in my dividend portfolio. I bought a block of 56 shares, about 4,5 years ago. Its share adjusted price at that time was $30,70. Currently it's price is around $48. That is a rate of return of 10% per year, without accounting for the dividends.

Its quarterly dividend at the time of my purchase was $0,185. This means that the dividend compounded at roughly 9% each year.

Solid dividend income that grows rather nicely, with a nice rate of return on the share price as well. What more do you want from a stock?

Do you own Aflac? What did you think of its latest dividend raise?

Dividend report - January 2019

It's time to give an update of the dividends I received last month. Five companies decided to pay me a dividend for my ownership. Total dividends (after tax) are around €80, 250% more than last year.

Obviously this growth rate is skewed by the special dividend from BBL. However, if you remove the BBL dividend the growth rate is still more than 20%. I really like this growth and hope to further increase it this year!

You can see the breakdown in the table below.

What is nice to notice is that this is the result of pure dividend growth and reinvestment. As you may have read earlier, I didn't deposit any new funds into this account for the last two years. So any increase in dividend income is because of the raises I received earlier this year. Big growers this month are BAX and in a lesser extent PM. Furthermore, last year I bought a position in O with the cumulative dividends I received so that's also a big plus to the monthly dividend income. I am curious to see by how much Walmart will raise its dividend in the upcoming period.

Purchases

None this month.

Yearly forward dividend

Yearly dividend income (before taxes) remains unchanged around €1225.