Thursday, April 9, 2020

Recent buy: Aflac

Last week I've purchased another batch of shares. After my recent purchase of Shell of a few weeks ago it was time for me to pounce again on the recent pullback due to COVID-19. 
I've added 24 shares of Aflac to my portfolio. Aflac is an existing position in my portfolio. I bought my first shares back in 2014 for a split-adjusted price of around $ 31. The price has been hovering between $50 and $55 before all the market turmoil began. Aflac crashed about 40% so I thought it was time to add a little bit to my existing position.

I now own 80 shares of Aflac. These new 24 shares add roughly €25 to my annual forward dividend income which now stands at €1.892.

What do you think of my purchase? And my reasoning?

Wednesday, April 8, 2020

Dividend cut: Accell

So this is my first dividend cut since a long time. Earlier, Accell decided to pay a dividend € 0,30 per share but they withdrew the proposal last week. They want to hoard cash and pulled their existing credit line as well. I guess they are making the right moves, since times are tough for the company.

I am not sure if this is a cut or just a suspension. I expect the worst, which means my annual dividend income will decrease by almost € 15. Let's see what happens with other companies in the coming weeks.

Friday, April 3, 2020

Monthly report: March 2020

It's already April, so it's time for my regular monthly dividend report! 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?!

I received € 182 after taxes. This is a solid increase from last year. If I look at my progress based on the cumulative dividend  income this year I am about 35% ahead compared to last year. That sounds perfect! Last month has been volatile with all the Corona issues and its impact on the stock market. I am not too worried however, and decided that I should use the moment to increase the size of one of my holdings. I'll write about it in the next blog post.

The underlying treemap shows the results per ticker relative to its size in my portfolio. The color green suggests an increase, but that's not true. The color is based on the best and worst performer in my portfolio. WMT with an increase of 6% is my best performer, but that's actually the only company that is worth more since last month. The rest of my companies has declined in price, between 5% to almost 50% for Realty Income and Accel.

How was your month? Did you buy or sell last month?