Amsterdam Commodities (Acomo) announced a decrease of their final dividend from €0,70 to €0,60. As a result my yearly estimated dividend income is decreasing by €4,50.
The full year dividend is now €1,00 instead of €1,10.
The net profit declined from €32.5 to €31.1 mainly due to the increase of declining commodities prices.
Yield on cost will now be 3,94%. This is the first dividend decrease this year. I keep Acomo in my portfolio as the change in net profit is modest. Nevertheless I will be cautious with the next profit report to monitor if I need to change my position from ‘hold’ to sell.
In January I received €140,32 in dividend payments. Previous year in January I received €42,43 so my dividend income is up 231%.
The first month of the year is never a big dividend income month for me. Actually normally January is the lowest dividend income month for me, but this year probably February will be the lowest month, because I expect €123,86 next month.
This month I received payments from 7 companies. Dividend payments from Wereldhave, Altria and Coresite Realty are responsible for over 50% of my income this month.
Today I purchased 21 shares Wereldhave at a price of €603,88 including fee’s. As a result of this purchase I now own 76 shares Wereldhave against. My average purchase price declined from €34,33 to €32,79.
With this purchase I add €52,92. to my yearly estimated dividend income. Yield on cost of my Wereldhave shares is 7,68%.