Saturday, September 19, 2020

Dividend cut (BBL) and raises (PM, O)

This year has not been too kind with regards to dividend growth. I received several dividend cuts (or "suspensions") with the cut from Shell being the toughest. The latest dividend cut is BBL. A few weeks ago they declared a dividend of $ 1,10 per share which is a 15% decrease from last years dividend. My annual dividend income will decrease by about € 10.

However there's also some good news. Recently PM raised its dividend by almost 3% to $1,20 per share. Realty Income (O) raised its monthly dividend to $0,234 which is a whopping 0,2% increase. My annual dividend income increased by just under € 2 due to these raises.

In total I received 22 raised (and cuts) so far this year. Maybe growth will return later this year, but for now I don't expect anything going forward. I'll just have to deposit more money to grow dividends!

Sunday, September 6, 2020

Dividend Report: August 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 remained fairly in place, what isn't exactly a great thing to be honest. I received about € 87 after taxes, compared to € 91 last year. In total I got paid by 5 different companies. Most of my holdings showed some dividend growth albeit really small. However with the decreasing value of the USD compared to EUR my monthly dividend income is almost 5% lower.

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.

How was your month? Do you see values in the current marketplace?