Wednesday, January 13, 2021

Dividend report: December 2020

I am two weeks later, but we're done with December! It's the last time of the year for a monthly update. 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 my dividend income more or less remained the same. I received about € 154 after taxes, compared to € 158 last year. In total I got paid by 13 different companies. Some of my holdings showed some dividend growth. TROW is the biggest autonomous dividend grower, the rest of the bigger increase is due to additional share purchases. The decline in income is explained by a change in the USD.EUR exchange rate. Without the 9% decline in USD.EUR I would have had a 4% increase in dividend income. But hey, who cares!



In total I received about € 1.450 in dividens, which is 8% more than last year. That is rather disappointing but given the circumstances of last year not too bad. Dividend growth was muted in most cases and I even experienced some cuts. The decline in USD.EUR did the rest.  But I guess that gives a lot of room for improvement in 2021. I am bit behind my medium to long term goals so I better step up and increase the pace.

How was your month? what are your plans for this year?