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.
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%.
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%.
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.
Recently Johnson & Johnson announced an increase of their quarterly dividend from $0,84 to $0,90. This is an increase of 7,1%. As a result of the dividend increase my yearly estimated dividend income increased with $3,60.
After the dividend increase the yield on cost is 2,75%.
Unilever announced a quarterly dividend increase from €0,3585 to €0,3872. This is a dividend increase of 8,0%. As a result of this dividend raise by Unilever, my yearly estimated dividend income will increase with €2,30.
The yield on cost will increase from 3,50% to 3,78%.