Recent purchase: Johnson & Johnson (JNJ)

Last week I increased my position in Johnson & Johnson (JNJ). On August 18th I purchased 12 shares of JNJ for about $ 167 per share. This new purchase adds almost $ 55 to my annual forward dividend income. I now own 20 shares of JNJ.

Recent purchase: Ahold-Delhaize, Blackrock and Air Products

Recently I increased my position in the following companies: Ahold Delhaize (AD), Blackrock (BLK) and Air Products and Chemicals (APD).

• On July 18th I purchased 50 shares of AD for about € 26 per share. This new purchase adds almost € 50 to my annual forward dividend income. 
• On July 18th I purchased 3 shares of BLK for about $ 600 per share. This new purchase adds almost $ 60 to my annual forward dividend income.
• On July 19th I purchased 6 shares of APD for about $ 227 per share. This new purchase adds almost $ 40 to my annual forward dividend income.

I used about € 4.400,- in cash for these purchases. My dividend income increased by about € 135,- which equates to a dividend yield of roughly 3,1%.

Dividend report: July 2022

July is over! We are more than halfway in 2022. July was a positive month with regards to the stock market. The markets seems to have calmed a bit, but let's see what happens after the summer. Either way I am not too worried about price fluctuations. In the end it's all about the dividend income. Since I am not a seller of stocks at this point in my life, I don't really care about lower prices.

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 just over €80 after tax. Six companies paid me dividends. The dividend income decreased by about 30% compared to last year. But this is due to the special dividend of TROW last year. Without it I would have booked a 30% increase in dividend income. This (fictional) increase is the result of an additional purchases in Merck and some smaller dividend raises. So all in all a slow but decent month.

In the graph below I've showed my cumulative dividend income for 2022 (which obviously is just the first seven months of the year). But it shows that I earned about the same dividend as last year in just seven months time!

Currently my annual dividend income is just over € 10.500. This is a big jump from last month. That's because of a purchase I did not record earlier. I will write a separate post about is soon, but the short version is I got promoted to junior partner and had the option to increase my ownership position in my company.

How was your July? What is your watchlist?

Dividend report: June 2022

June is over! We are halfway in 2022.  June was a hectic month (again) with regards to the stock market. There were some serious up- and down days but I am not worried about that. In the end it's all about the dividend income. Since I am not a seller of stocks at this point in my life, I don't really care about lower prices.

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 €885 after tax. 17 companies paid me dividends. The dividend income increased by over 160% compared to last year! This increase is mainly the result of additional purchases in Brink (here), Unilever (here), TROW (here), Intel (here), BIP (here), BEP (here and here), new positions in Visa (here) and Cummins (here) and a big raise from Shell (here), coupled with some other, smaller raises. 

Finally I received shares of Woodside Energy Group as part of the merger of their oil and gas business with BHP. I decided to sell these shares as soon as I could since I have no interest in having a relatively small stake in Woodside. I recorded this as a special dividend from BHP.

So all in all a rather good month! I've used the dividend from Unilever and Shell to drip additional shares in both companies.

In the graph below I've showed my cumulative dividend income for 2022 (which obviously is just the first six months of the year). But it shows that I earned about the same dividend as last year in just six months time!

Currently my annual dividend income is just over € 4.000. This is somewhat of a jump from last month, because Brink (my employer) decided to payout €14,50 per share as dividend. This is more than last year, hence the increase in dividend income. However it remains to be seen if we can keep up this level of dividend income next year as a company.

 How was your June? What is your watchlist?

Recent buy: BlackRock (BLK)

Earlier this week I purchased 2 shares of BLK for about $ 630 per share. This new purchase adds almost $40 to my annual forward dividend income. I watched BLK for a long time and decided with the price drop this year from $970 to $600 that it was time!

BLK is a competitor of TROW in the financial asset management segment. TROW already has a big position in my portfolio so I decided to diversify in this sector by starting a position in the biggest player in this segment.

BLK increased its dividend for over 18 years (thus including the 2008-2009 crash). The yield currently is 3,2% and the 5-yr dividend growth rate more than 13%. The pay-out ratio is around 40% which leaves more than enough room for future dividend increases.

I hope I can build out this position in coming weeks/months!

Dividend report: May 2022

May is over! It's the same as the last few months. May was a hectic month as well, with regards to the stock market. There were some serious up- and down days but I am not worried about that. In the end it's all about the dividend income. Since I am not a seller of stocks at this point in my life, I don't really care about lower prices.

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 just €100 after tax. Five companies paid me dividends. The dividend income increased slightly from last year, but that is mainly due to a favourable FX-change. I increased my position in BMY (here). I also received some solid raised from Deere (DE) and Realty Income (O). However after a disappointing investment in AT&T I finally sold my share earlier this year. Hopefully next month will show some decent dividend growth again!

In the graph above I've showed my cumulative dividend income for 2022 until May. So far so good! I've already received more dividend income than the whole of 2020. I am about 50% ahead compared to last year so that is still some serious dividend growth. Let's keep it up! Currently my annual dividend income is around € 3.250.

As for possible purchases during the next month I might take a look into the consumper staples sector. This sector got hit quite hard during the last weeks. 

How was your May? What is your watchlist?

Recent buy: BEP

On May 16 I purchased 30 shares of BEP for about $ 34 per share. This new purchase adds almost $40 to my annual forward dividend income. My total position is now 120 shares, which makes it an above average position in terms of portfolio weight. I bought shares of BEP earlier back in October 2021 and July 2019.