Recent buys: Brink and INTC

I haven't been active with my posts last weeks. However I did invest additional money in some of my companies.

On November 11th I purchased 40 additional shares in the company I work for (Brink). I have the option to purchase share once per year. Last year I purchased 20 shares and I explained a bit about how it works. This new purchase adds about € 400 in dividend income per year. I now have a position of exactly 100 shares and it's the biggest position in my portfolio. Hopefully I can add a lot of new money in other positions to keep the position of Brink in my portfolio somewhat in line with the other companies in my portfolio.

On November 17th I purchased 27 additionial shares of Intel (INTC) for about $50 per share. I bought my first shares of INTC back in 2013, so that's more than 8 years ag! At that time shares were priced $24 with a dividiend yield of 3.8%. The currency neutral total return for this batch until now is about 12% per year, so I have nothing to complain about. Dividend growth is around 5% and since that time I have received about 40% of my original purchase price in dividends. INTC's price has been somewhat flat last year, while the market has gone up about 20% (and some other companies a lot more!). I thought it would be a nice moment to add to my existing position. This purchase adds about € 35 in annual dividend income.

With these purchase (and recent dividend increases) my forward annual dividend income is now just over € 2.900. Hopefully I can reach that milestone of € 3.000 before the end of the year!

Recent buy: Brink

Last week I purchased 20 additional shares of the company I work for. I work as a real estate and finance consultant for a mid sized management and consulting firm. I like my job very much! It offers me a lot of interesting and challenging projects in the field of real estate and area development. I love solving and optimizing these financial puzzles with Excel spreadsheets but also to be able to give customers quality advice about how to act. I wrote about it last year as well.

My company has been profitable for at least the last 15 years, even during the big downturn in 2009-2010. The company is fully owned by its employees. There are no outsider shareholders. I really like that, because the interests as shareholders and colleagues are aligned most of the time. If the company performs well financially, everyone profits, whether you are a shareholder or not.

My company has a policy to distribute its earnings based on a threshold for the capitalization rate of at least 30%. Excess funds are distributed as dividends in two payments: a bigger one of 75% just after the financial year has ended and a final payment at the shareholder meeting a few months later.

The valuation of my company is based on a 5.5x multiple of the last three years earnings and the forecast for next year's earnings. Its dividend yield based on last year's dividend is almost 9%. My purchase of 20 additional shares adds roughly € 150 to my annual dividend income (before taxes). My annual dividend income currently hovers around € 1.850,-.

As of now this position is about 11% of my portfolio and 25% of my dividend income. My plan is to purchase new stocks to further diversify my portfolio. I am able to purchase shares in my company once a year, so hopefully I can purchase another batch next year!

Would you consider purchasing shares in your own company?

Dividend raise: Brink (+25%)

Earlier this month my employer Brink announced an interim dividend of € 7,50 per share, compared to € 6,00 last year. This raise of 25% adds € 60 to my annual dividend income. I expect a final dividend in July, to the tune of € 1 or 2 per share. This gives a dividend yield of about 10%.

So far this is my 8th dividend raise in 2020. This raise adds by far the biggest amount in terms of annual dividend income.

Recent buy: Brink

In my last monthly report I hinted about a new stock purchase that occured a few weeks ago. I am sorry for not reporting earlier but better late than never I guess!

I purchased 20 additional shares of the company I work for. I work as a real estate and finance consultant for a mid sized management and consulting firm. I like my job very much! It offers me a lot of interesting and challenging projects in the field of real estate and area development. I love solving and optimizing these financial puzzles with Excel spreadsheets but also to be able to give customers quality advice about how to act.

My company has been profitable for at least the last 15 years, even during the big downturn in 2009-2010. The company is fully owned by its employees. There are no outsider shareholders. I really like that, because the interests as shareholders and colleagues are aligned most of the time. Everytime the company performs, everyone profits, whether you are a shareholder or not.

My company has a policy to distribute its earnings based on a theshold for the capitalization rate of at least 30%. Excess funds are distributed as dividends in two payments: a bigger one of 75% just after the financial year has ended and a final payment at the shareholder meeting a few months later.

The valuation of my company is based on a 5.5x multiple of the last three years earnings and the forecast for next year's earnings. Its dividend yield based on last year's dividend is almost 9%. My purchase of 20 additional shares adds roughly € 140 to my annual dividend income (before taxes). This stands at almost € 1.700,-!

As of now this position is about 7% of my portfolio and 16% of my dividend income. My plan is to purchase a lot of new other stocks to further diversify my portfolio. I am able to purchase shares in my company once a year, so hopefully I can purchase another batch next year!

Would you consider purchasing shares in your own company?