Saturday, September 28, 2019

New milestone: portfolio value of € 40.000!

This month I reached a new milestone with my dividend growth portfolio! It has nothing to do with dividends however. My portfolio reached a value of € 40.000,-. Since my last €10k milestone back in May 2018, I reached this new high in just 16 months.

The extra € 10.000,- has different sources, namely deposits, dividend and capital gains. The breakdown is as follows:
  • 22% deposits
  • 18% dividends
  • 60% capital gains
The distribution is changing with each € 10k increment. Deposits make up less of the breakdown, whereas dividens and capital gains take up a higher percentage.

Let's see when the next milestone is due. Up to € 50k!

Tuesday, September 24, 2019

Dividend raise: Realty Income

Last week Realty Income (O) announced a raise in their monthly dividend from $0,2265 to $0,2270. This raise adds a whopping € 0,14 to my annual dividend income. Ka-ching!

All jokes aside, Realty Income increases their dividend on more than one occasion each year. This is actually its 5th raise this year. Hopefully there's more to come this year!

So far I received 20 dividend raises in 2019. These raises combined have added around € 56 to my forward annual dividend income. Of course I expect more raises during the rest of the year. I'll keep you updated!

Did you like the dividend raise of O? Do you consider selling because of the low dividend growth rate?

Friday, September 13, 2019

Dividend raise: Philip Morris (+3%)

Earlier this week Philip Morris (ticker: PM) raised its quarterly dividend from $1,14 to $1,17. This is a raise of almost 3%. It adds about € 2 to my annual dividend income (before taxes). 

Since my purchase of PM shares back in 2013, I've received six dividend raises. The compounded annual dividend growth rate of 3,7% is not exactly what I expected. Let's hope the dividend growth picks up, maybe after a merger with Altria. Who knows.

This year I've received 19 dividend raises that added over € 55 to my annual dividend income so far.

Are you a shareholder of PM? And what do you think about its dividend raise?

Thursday, September 5, 2019

Brookfield Renewable Partners: Have Your Cake And Eat It Too

Brookfield Renewable Partners L.P. (BEP) is a globally diversified, multitechnology, owner and operator of renewable power assets. In my last article I wrote about ESG investing and whether Ecolab could be an addition to my portfolio. In this article I’ll take a dive into Brookfield Renewable Partners.

Business model
The business model of BEP is actually rather simple. They acquire and develop renewable power assets and businesses (mainly hydro, solar and wind), finance these assets with a mix of debt (investment grade basis) and equity and optimize cash flow and value utilizing their operating expertise. BEP locks in stable cash flows via long-term (usually 20-year), inflation-adjusted power purchase agreements (PPAs). These contracts are mostly entered into with utilities, distribution companies, and industrial users. Most of these counterparties have investment-grade credit ratings, and the weighted average remaining contract is for 16 years.

Read the rest of this article on Seeking Alpha!

Sunday, September 1, 2019

Dividend report: August 2019

It's time to give an update of the dividends I received last month. Five companies decided to pay me a dividend for my ownership. Total dividends (after tax) are around € 91, which is an increase of 30% compared to last year. The growth was fueled by solid dividend increases from KMI and DE and a new position in T

You can see the breakdown in the table below.

Omega Healthcare is still in the process of improving their financial performance and making arrangements with some of their biggest tenants. Despite these issues the stoch price has risen about 10% in the last month and is nearing its highest price ever. I am contemplating reducing my position since it is almost 10% of my portfolio.

It's been my best August so far! As of now, my annual dividend income hovers around € 1.525 before taxes. This is a slight increase from last months € 1.485. This is because of the change in exchange rate (USD.EUR).

How was your month?