Wednesday, March 2, 2022

Dividend report: February 2022

February is over! Already the 2nd month of a new year.  Just like January, February was also a hectic month 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. The recent war situation in Ukrain obviously scares the hell out of me. Let's hope Putin will be stopped as soon as possible, so the people in Ukrain can live peacefully.

In my portfolio I had a few big losers, like CMI (-9%) and Deere (-8%) but I also had some winners, like BMY and BEP (both +8%). All things considered my portfolio hardly moved.

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 more than €110 after tax. It's the first time I crossed the threshold of €100 in the month of february, so that's a nice little milestone. Six companies paid me dividends. The dividend income increased by almost 20% compared to last year. This increase is mainly the result of an additional purchase in BMY and two big raises from Deere (here and here). Dividend growth for my other holdings is rather muted, although the last from Realty Income (O) was bigger than in last years..

In the graph below I've showed my cumulative dividend income for 2022 (which obviously is just the first two months of the year). But the start is great!

Currently my annual dividend income is around € 3.095. I still have to report a dividend cut from AT&T but that should keep my forward dividend income above € 3.000.

How was your February? What is your watchlist?