Saturday, April 8, 2023

Monthly report: March 2023

March is over! Already the 3rd month of a new year.  March was 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.

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 almost €390 after tax. 14 companies paid me dividends. The dividend income increased by over 15% compared to last year. This increase is mainly the result of additional purchases in TROW (here), Intel (here), Aflac (here) UNP (here), CMI, JNJ (here) and O (here). Compared to last year I also had a new position in BLK (here and here). I lost my dividend income from BEP and BIP (here). For the next quarter ending month (June) Intel's dividend will be reduced due to a dividend cut. That's a shame of course, but sometimes that happens. 

So all in all a rather good month! I've used the dividend from Unilever and Shell to drip additional shares in both companies. I expect to use my available cash position to invest later in April.

In the graph below I've showed my cumulative dividend income for 2023 (which obviously is just the first three months of the year). But the start is great!

Currently my annual dividend income is around € 12.900.

How was your March? What is your watchlist?