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%.
It’s almost the end of 2018 so it’s a good time to set my dividend targets for next year. The inflation in The Netherlands is 2,0% in November compared to previous year. As a result of the inflation I’m increasing the monthly dividend income target from €1.015 to €1.035,30.
Reach €3.500 dividend income
Invest €14.400 fresh capital in my stock portfolio
Based on the portfolio I have now my dividend income for 2019 will be €3.176. My dividend income target is based on this income and 6% average dividend growth. Also I expect that new purchases will result in €133 in extra dividend income.
I reduced my monthly deposit from €1.500 to €1.200 this year. I want to increase the balance in my savings account in 2019, because it’s below the level where I want it to be after making some investments in my house.
Last few months the stock market is very volatile so I’m curious how next year will be on the stock market.