Recent buy (Unilever) and recent sell (Accell)

Earlier this week I had two transactions in my portfolio. I sold one stock in my portfolio, and with the proceeds I purchased additional shares in a company I already own. I still have some cash laying around, so I guess you can expect another 'Recent buy' article in two weeks or so.

Let's begin with my recent sell: Accell Group. This is actually the first company in my dividend portfolio. I purchased these shares back in 2011. Due to dividend reinvestments in the first years I accumulated 29 shares for an average price of just over € 16. A few weeks ago the news came that a consortium led by buyout firm KKR had agreed a takeover of Accell Group. Their cash-offer of € 58 per share represented a premium of 26% over Accell's closing price on January 21st. The offer is due to launch in the second quarter after approvals, and to close in the third quarter. Since the share price immediately increased to the take over price of €58 I decided to not wait around and sell my shares. With this investment I earned a rate of return of about 15% per year. Too bad my original investment was just over € 400, else I would have earned some serious money! Accell decided to postpone the dividend during the COVID-19 crisis, so this sell does not affect my annual dividend income going forward.

With the proceeds I decided to add to my existing position in Unilever (ticker: UNA). I purchased an additional 24 shares in the company.  I purchased my first 37 shares back in 2013 when the dividend yield was around 3,6%. In the last few years I added shares four more times with dividend yields between 3,0% and 3,6%. Currently the forward dividend is 3,7% so in terms of valuation this is a good time to add to my position. Unilever is working through some problems but I believe in the future prosperity of this company. With this addition I am almost able to take advantage of the automatic dividend reinvestment option through my broker. 

This purchase adds € 40 to my annual dividend income, which stands at € 3.050! That's another milestone right there. Let's see how fast we can reach a new milestone, let's say € 3.600 (€ 300,- per month).

Recent Buy: Unilever

Earlier in January I bought 18 shares of Unilever (UNA) for € 51,56 per share. The total amount of money invested is € 928,-. Unilever currently pays an annual dividend of € 1,64 per share so with this purchase my yearly dividend income increases with € 25 after tax. My forward dividend income now is around € 1.710,-.

I already owned 50 shares, so as of now I own 68 shares. The main reasons for my purchase are:

• Unilever currently seems fairly valued (P/E of 15x) after their dip in December because of a profit warning.
• Unilever is a long-term, stable company which has performed nicely since I am an owner (since July 2013).
• I want to increase my Euro-denominated positions to reduce the impact of forex-changes on my portfolio.
• I've mentioned these reasons earlier on my blog.

With my monthly deposits and dividend income I expect to do another purchase in three months.

What do you think of my purchase of Unilever? Are you currently looking to open (or add) a position in Unilever?

Dividend raise: Unilever (+6%)

Last week Unilever raised their quarterly dividend from € 0,3872 to € 0,4104. This is a raise of 6%. Since I am the owner of 50 share in Unilever, this raises my annual dividend income with roughly € 4,50 before taxes. I recently added to my position in Unilever, so it's nice that my new shares start with an increased dividend right of the bat :-)

I am an owner of Unilever since July 2013. Since then I have received 6 raised (each year) and the dividend growth rate during that period is just shy of 8%. This is just fantastic in my book and makes me want to buy more Unilever shares in the future!

This is my 12th raise this year. The raised together have added around € 35 in my annual dividend income (before taxes). I expect to receive several more raises this year. Maybe even Shell? One can hope, right?

Are you satisfied with the dividend raise of Unilever? Are you maybe contemplating adding to your position?

Recent buy: Unilever

Earlier in April I bought 13 shares of Unilever (UNA) for € 51,69 per share. The total amount of money invested is € 671,97. Unilever currently pays an annual dividend of € 1,55 per share so with this purchase my yearly dividend income increases with € 17 after tax.

I already own 37 shares, so as of now I own 50 shares. The main reasons for my purchase are:

• Unilever currently seems fairly valued (P/E of 15x)
• Unilever is a stable company which has performed nicely since I am an owner (since July 2013).
• I want to increase my Euro-denominated positions to reduce the impact of forex-changes on my portfolio.

With my monthly deposits and dividend income I expect to do another purchase in three months.

What do you think of my purchase of Unilever? Are you currently looking to open (or add) a position in Unilever?