Monthly report: June 2024

June is over! It's done, we are halfway 2024. Can you believe it?!

All in all a decent month with stocks up-and-down. Biggest winners are ASML (+10%) and OHI (+6%). ASML is my biggest position so that is nice. OHI is a rather stable dividend payer, but nothting too fancy with the stock price appreciation. Biggest losers are MPW (-22%) and HASI (-11%). Nothing new with MPD, I'll hold for the dividend for now but the company really has some troubles to solve. HASI seems to be doing ok, but its share price is rather volatile.

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?!

A total of more than €2.400 after tax. 17 companies paid me dividends. The dividend income increased by more than 600% compared to last year including the FX-effect. This monstrous increase was because of a final dividend from Brink (my employer). Last year they just paid the interum but not the final dividend. But even without this final dividend, my remaining dividend income also grew by 25%. This is mainly the result of new positions in BEPC (here) and BIPC (here), additional purchases in Realty Income (here and here) and JNJ (here and here). Throw in some nice dividend increases from Shell, Aflac and some smaller raises from other companies and this is the result. This will be my final dividend from IBM. After 10 years I've decided to sell my position. Dividend growth from UNP has halted. This is nothing new and its growth is somewhat lumpy. I'll guess (or hope) they will raise it later this year.

So all in all a decent month!

In the graph above I've showed my monthly dividend income. You can see the big increase but it's not even all of it, since I've capped the vertical axis to € 1.000,-. 

In the graph below I've showed my cumulative dividend income. The cumulative dividend income made big jump from last month. I expect to see a little growth (compared to last year) in the coming months, but nothing too serious.

Currently my annual dividend income is around € 13.150. This is a big increase compared to last month. This is because I now use this as my base for the expected dividend during the coming 12 months.

How was your June? What is your watchlist for the next month?

Recent buy (ADP)

On 24 June I bought 8 shares of ADP for about $ 250 a share. These shares will deliver an annual dividend income of $45. This purchase will strengthen the technology segment of my portfolio.

Automatic Data Processing (ADP) is a leading global provider of human capital management solutions. It was founded in 1949, and has a long history of paying dividends. ADP offers a wide range of services, including payroll, talent management, tax and benefits administration, and human resource outsourcing. The company serves over 860,000 clients across various industries.

ADP is recognized for its strong dividend characteristics. The company has consistently increased its dividend payout for almost 50 years. The 10-year dividend growth rate is 11% and shorter streaks show even higher dividend growth rates. This shows that the company is confident in its ability to boost earnings. The dividend yield is somewhat on the low side (2,2%) but its payout ratio and earnings forecast gives the company room to grow the dividend. ADP has a healthy balance sheet with a 40% debt-to-capital ratio, and a 40% return on equity.

Monthly report: May 2024

May is over! We're almost halfway this year! 

I had a few big winners with HASI (+36%!) leading the pack. MPW, WMT and TXN also had +10% gains this month. Biggest loser was BMY (-7%) but the rest of the losses were quite small, both in numbers as well as their declines.

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?!

A total of more than €190 after tax. Nine companies paid me dividends. The dividend income increased by about 10% compared to last year. This increase is mainly the result of my increased position in Realty Income (here and here). Deere's dividend increase also helps a lot!

In the graph below I've showed my cumulative dividend income for 2024 (which obviously is just the first five months of the year). The cumulative dividend income is about the same as last year at this point in time. I expect to see a little growth in the coming months, but nothing too serious. 

Currently my annual dividend income is around € 10.700.

How was your May? What is your watchlist?