Sunday, August 9, 2020

Dividend Report: July 2020

We're done with July! 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?!

Compared to last year my dividend income decreased drastically. I received just € 35 after taxes, compared to € 72 last year. My US holdings recorded slight increases all around, however my only EUR-denominated stock (Brink) postponed its final dividend payment due to COVID-19. They expect to pay later this year (or beginning of next) if things normalize. In total I got paid by 4 different companies.

I am still ahead compared to the cumulative total I received last year till now. However the trend is not in the right direction. I still aim for an increase this year, but it won't be a growth of 40% as targeted but maybe something like 10%. We'll see what happens! In the meantime, I just keep grinding away, putting money to work and reap the rewards down the line.