Interim dividend Flow Traders up 350%

This week Flow Traders did go ex-dividend. The interim dividend is up from €0,30 to €1,35 this year. This is increasing my estimated yearly dividend income with €52,50.

Flow Traders is a market maker mainly active in ETF’s. As a result of the high volatility in the market in Q1 the net profit increased a lot and due to the increased profit the dividend was increased. The Q1 net profit was up 705%. The volatility decreased a lot in Q2 and this results in less trading income. The half year net profit is up 386% from previous year.

I don’t consider Flow Traders a dividend growth stock, because it’s results are very dependent on the volatility in the market.

Yield on cost is 5,24%, but with current volatility I don’t expect this to increase. A decrease in dividend for next year is more likely. I bought this stock initially with the assumption to benefit from high volatility in Q2 also, but with the current relatively calm markets I have to reconsider if it’s worth holding Flow Traders, but at the same time it’s hard to decide if it’s a easy sell, because I of course can’t predict when volatility is comming back.

DSM interim dividend up 32,7%

Last week I received an interim dividend of Dutch specialty chemicals company DSM. The interim dividend is up 32,7% from €0,58 to €0,77. Also DSM communicated to the plan to payout €2,30 over 2018 including the interim dividend. This is up 24,3% compared to the 2017 dividend.

I own 13 shares of DSM. So the interim dividend increase results in €2,47 in extra dividends. Increase of the final dividend will result in €3,38 extra dividend.

Expected Yield on cost will increase from 2,84% to 3,53%.

Dividend Simon Property Group up 2,6%

Today Simon Property Group announced an increase of their quarterly dividend from €1,95 to €2,00. This is an dividend increase of 2,6% versus the previous dividend and an 11,1% year-over-year dividend increase.

I have 16 Simon Property Group shares so this dividend increase will result in an increase of my yearly estimated dividend income of $3,20.

After this dividend increase the yield on cost for me is 4,87%.

Camarillo Premium Outlets – One of Simon Properties assets

Dividend Bank of America +25%

bac

Bank of America announced a 25% dividend increase. The quarterly dividend is increased from $0,12 to $0,15. This means the yearly dividend per share is up from $0,48 to $0,60.

I own 43 shares of Bank of America. So this dividend increase will increase my yearly expected dividend income with $5,16. Yield on cost will increase from 1,84% to 2,30%.

Last year Bank of America already increased their dividend with 60% so the yield on cost is improving a lot for Bank of America.

+4,6 Final Dividend Increase National Grid

During the 2017/2018 full year results publication National Grid announced a 4,6% increase of their final dividend over the bookyear 2017/2018. The final dividend will increaes from 29,1 pence to 30,44 pence.

I own 100 shares National Grid so this final dividend increase will result in 134 pence extra dividend. In euro’s this is €1,53.

15,9% Dividend Increase Apple

Recently Apple announced an increase of their quarterly dividend from $0,63 to $0,73. This is an increase of 15,9%. The yearly dividend will be $2,92 per share.

I own 10 Apple shares so my estimated dividend income will increase with $4,00 as a result of this dividend increase. My yield on cost after the dividend increase will be up from 1,8% to 2,1%.