October 2019 Dividend Report

October the month in which I have my birthday passed very fast. Just 2 more months left this year. October is one of my lowest dividend income months in a year. Only January and February are always scoring lower than October for me.

In October I received €228,69 in dividend. This is a growth of 192% compared to October 2018. Year to date October I received €4.061 in dividends. This is 122% above YTD October 2018.

11 companies paid me this month. Two series of preferred shares from Colony Capital where my biggest payer this month.

Besides dividend income I realized this month €113,15 in profit from writing put options. I only count closed or expired options as profit. For me information you can red my October Option Income Report.

Dividend Income – € 228,69

Colony Capital PREF H44,38
Anally Capital40,30
Altria Group25,93
Coresite Realty22,09
Colony Capital PREF I20,24
Bank of Nova Scotia19,61
AGNC Investment15,25
Coca Cola14,27
National General Holdings PREF O12,31
EPR Properties10,53
Brown-Forman B3,78

Transactions:

Dividend Changes:

  • none

2019 Target Status:

  • I’m at €13.200 out of €14.400 deposit target (91,7%)
  • I’m at €4.061,68 out of €3.500 dividend received target (116,0%)
  • I’m at €882,60 income from writing options
  • I’m at €2.940 in extra mortgage repayments

September 2019 Dividend Report

In September I realized a dividend income of €537,79. This is 193% up from last year. 18 companies or ETF’s payed me in September. The 3 biggest payers for me in September are Washington Prime Group, Royal Dutch Shell and Macerich. The big raise basically comes for a huge part from a speculative investment in Washington Prime Group which.

This month I also did repay €120 extra on my mortgage above the regular monthly payments.

From closed or expired options I realized €309,50 in profits this month. For more information please read September Option Report.

Dividend Income – € 537,79

Washington Prime Group113,53
Royal Dutch Shell79,51
Macerich53,90
Enbridge50,43
Aegon40,5
Dominion Energy25,08
Taubman Centers21,61
Unilever18,47
HSBC18,07
Qualcomm16,98
AGNC Investment15,23
Bank of America14,81
Johnson & Johnson12,90
Think AEX UCITS ETF11,96
McDonalds11,59
Monmouth REIT11,58
Boeing11,08
EPR Properties10,56

Transactions:

Dividend Changes:

2019 Target Status:

  • I’m at €11.700 out of €14.400 deposit target (81,3%)
  • I’m at €3.832,82 out of €3.500 dividend received target (109,5%)
  • I’m at €769,45 income from writing options
  • I’m at €2.940 in extra mortgage repayments

August 2019 Dividend Report

In August I realized a dividend income of €537,79. This is 54% up from last year. I received a dividend from 15 companies this month. National Grid, Macquarie Infrastructure Company and Wereldhave are the biggest 3 payers this month.

This month I also did repay €220 extra on my mortgage above the regular monthly payments.

Dividend Income – € 537,79

National Grid67,69
Macquarie Infrastructure Company66,82
Wereldhave63,00
ING48,00
AbbVie43,48
Omega Healthcare34,56
Simon Property Group30,52
Ahold30,00
DSM17,71
Flow Traders17,50
AGNC Investment14,85
Royal Bank of Canada14,47
Novo Nordisk12,13
EPR Properties10,50
Apple8,35

Transactions:

Dividend Changes:

2019 Target Status:

  • I’m at €10.200 out of €14.400 deposit target (60,4%)
  • I’m at €3.295,03 out of €3.500 dividend received target (94,1%)
  • I’m at €459,95 income from writing options
  • I’m at €2.820 in extra mortgage repayments

July 2019 Dividend Report

In July I realized a dividend income of €298,16. This is 204% up from last year. This big increase is mainly realted to new positions in Unibail-Rodamco-Westfield, Anally Capital and some small positions in preferred stocks from Colony Capital and National General Holdings.

I got paid in July by 13 different companies with Unibail-Rodamco-Westfield, Anally Capital and Altria Group almost accounting for 50% of this income.

Besides the dividend income I made €26,50 from writing a put option ING Bank.

Dividend Income – € 298,16:

Unibail-Rodamco-Westfield81,00
Anally Capital40,43
Altria Group24,25
Coresite Realty21,67
Colony Capital PREF I19,84
Colony Capital PREF H19,78
Bank of Nova Scotia18,91
HSBC17,44
AGNC Investment14,93
Coca Cola13,82
National General Holdings PREF O12,07
EPR Properties10,33
Brown-Forman B3,68

Option Income – €26,50:

  • ING P10.50 19JUL19 – €26,50

Transactions:

Dividend Changes:

2019 Target Status:

  • I’m at €8.700 out of €14.400 deposit target (60,4%)
  • I’m at €2.815,44 out of €3.500 dividend received target (80,4%)
  • I’m at €459,95 income from writing options
  • I’m at €2.600 in extra mortgage repayments

Mid-year review 2019

Recap:

  • Deposited €7.500 versus a half year target of €7.200. On track!
  • Received €2.517 in dividends versus a half year target of €1.817. On track!
  • Extra repayment of mortage €2.600 above regular monthly terms.
  • Realized profit due to writing options of €433,45
  • Estimated dividend income 2019 at €4.300

Deposits:

My target monthly deposit I set at €1.200 this year. I didn’t really deviate from this plan so with with €7.500 transferred to my stock account I’m €300 above the mid-year target.

Dividend Income:

I received almost 40% more dividend than I expected. At the end of 2018 I calculated my expected dividend income based on my stock holdings at the end of the year.

At the end of 2018 / begin 2019 I did initiate a few short put positions and I used the received option premiums to invest in shares. As a result I have more money invested in stocks than I expected when calculating my expected dividend income.

As a result of the option premium invested in stocks my estimated dividend income this year is now €4.300 instead of the original target of €3.500.

Extra mortgage repayment:

In May I repayed €2.600 extra on my mortage. This is repayment above the regular monthly terms I pay.

I like seeing my mortgage debt going down faster than planned, but I don’t realize a big interest saving by this extra repayment.

Until 2026 the fixed interest rate on my mortgage is 1,99% so as a result of the extra repayment I save a whopping €51,74 in interest per year. As it’s in The Netherlands possible to deduct paid mortgage interest from the tax to be paid I’m actually only saving€25,87.

Nevertheless I like it to make the balance of this debt go down. Although interest rates are low now there’s always a risk that the next time the fixed interest is expiring that it’s at a time where rates are higher.

Option Income:

In the first 6 months of this year I realized profit of €433,45. I did write a decent amount of options end 2018 / begin 2019 with different expiration dates.

This is increasing the risk and volatility of the value of my portfolio, but it also gives the opportunity of extra income.

Fact Five:

  • Largest Position: Royal Dutch Shell (€5.408)
  • Biggest dividend payer: Royal Dutch Shell (€311)
  • Estimated dividend income 2019: €4.322
  • Biggest sector in my portfolio: REIT (18,3%)
  • 59 different companies in the portfolio

Targets 2nd half year:

  • 2 months only depositing and not buying shares, because I used a small credit to make some opportunistic purchases at market dips.
  • Focus on buying European stocks, because USA stocks are expensive at current valuation and USD/EUR exchange rate
  • Analyze my portfolio to check if the current sector allocation is balanced
  • Thoroughly keep track of the risk related to the short put positions and adjusting whenever necessary.

Final Thoughts:

I’m confident that I will reach the increased target of €4.300 in dividend income. I’m curious how the market will develop in the 2nd halve year. It now feels like the market is at a high valuation, but with trade war and interest developments can result in volatility.

In July many companies will publish their half year results. Based on the publication of half year results it’s also possible that stock will react strongly. At the current valuation lot’s of good news already seems to be included in the price.

Also it’s possible that the half year numbers will be good, but that prices will go down substantial if a company is publishing a conservative outlook. I already saw this happening with various companies publishing good results, but combined with a sober outlook.

It’s always interesting to see how stock markets are reacting on news, but as investor who holds stocks for the long term it’s normally not something what is bothering me.

June 2019 Dividend Report

After having a few record breaking months June is a relatively calm month again. I received €425,87 in dividends. This is an YoY increase of 91,5%!

This month I received payments from 13 companies. The 3 biggest payers in June are for me Royal Dutch Shell, Macerich and Enbridge.

I also realized €202,75 in option premiums income. I got lucky this month in timing a coverred put on Colruyt. I shorted 100 shares Colruyt and also sold a put at a strike of €64. A few weeks later Colruyt dropped over 20% as a result of the sober outlook the publiced regarding the next bookyear.

As a result of the 20% price drop I got 100 shares delivered from the short put so I took the maximum profit for this construction in a few weeks time. Of course I could have have made more money without writing the put, but I was expecting the stock staying in a tight price range as it did last few months.

This was for me the first time I experimented with a short stock position. I can’t say that I did feel comfortable with it. It was a position which was often making me worry, because I don’t have the feeling that as private investor I can easily make money with short positions.

The cost for borrowing the stock I didn’t know upfront and is variable based on how asked a certain stock is among short sellers. It also did make me feel that the market ‘works against me’. Last month the stock market in general was up. It gave me the feeling that I could easily lose a lot of money if the stock would increase with a few percent.

I totally don’t have any worries about the stocks I own or the few naked short put positions I have, because I can estimate the risk of the naked puts, but the risk of rising stock prices or a takeover of a stock which is shorted not gives me a comfortable feeling.

So for now I decided that I won’t short any stock soon. Any position in my portfolio shouldn’t give me the feeling that it could potentially have a to big impact on my portfolio value if the bet is wrong.

Dividend Income – € 425,87:

Royal Dutch Shell77,68
Macerich53,33
Enbridge48,97
Aegon40,50
DSM35,19
Think AEX UCITS ETF27,56
Dominion Energy24,36
Unilever18,47
Qualcomm16,33
AGNC Investment14,99
Johnson & Johnson12,71
Bank of America11,85
McDonalds11,36
Monmouth REIT11,35
Boeing10,87
EPR Properties10,35

Option Income – €202,75:

  • 2x AGN P4.30 21JUN19 – €24,60
  • 1x COL P64.00 21JUN19 – €178,15

Transactions:

Dividend Changes:

2019 Target Status:

  • I’m at €7.500 out of €14.400 deposit target (52,1%)
  • I’m at €2.517,28 out of €3.500 dividend received target (71,9%)
  • I’m at €433,45 income from writing options
  • I’m at €2.600 in extra mortgage repayments

May 2019 Dividend Report

In May I broke for the 3rd month in a row my dividend income record. I received €736,15 in dividends. This is an YoY increase of 111%! My record breaking streak will be over now for this year. Based on my portfolio and the timing of dividend payments, I estimate I will have to wait till April 2020 to set a new record.

This month I received payments from 18 companies. The 3 biggest payers in May are for me BMW, ING and Bayer. To be honest this is a funny top 3 for me. Normally BMW is a big cost for me, as I drive a BMW. I also pay monthly a substantial amount to ING, because I have a mortgage from ING. And Bayer well… the girlfriend is using some pills produced by Bayer.

Funny to have a 3 companies in the top 3 dividend payers this month which normally are responsible for a substantial part of my costs.

The son of my girlfriend is the most impressed by my lowest dividend paying company this month: Tencent. He told his friends that moms boyfriend is making money from Fortnite 🙂

Besides depositing €1.300 in my brokers account, I also did make an extra repayment on my mortgage of €1.500 reducing my mortgage debt and resulting in lower future interest payments.

I didn’t have any option income this month as I didn’t write any put options last month. Based on the high volatility I didn’t consider the option premiums worth it.

Dividend Income – € 736,15:

BMW105,00
ING88,00
Bayer72,80
Macquarie Infrastructure Company66,27
WDP52,80
Flow Traders50,00
Wereldhave47,88
Danone44,62
Omega Healthcare34,27
AbbVie33,53
ASML Holding31,50
Simon Property Group29,29
Amsterdam Commodities27,00
AGNC Investment16,88
Royal Bank of Canada14,23
EPR Properties10,38
Apple8,27
Tencent3,43

Transactions:

Dividend Changes:

2019 Target Status:

  • I’m at €6.300 out of €14.400 deposit target (43,8%)
  • I’m at €2.091,41 out of €3.500 dividend received target (59,8%)
  • I’m at €230,70 income from writing options
  • I’m at €1.500 in extra mortgage repayments

April 2019 Dividend Report

Monthly Report April:

April was a record breaking month for me. I received €668,13 in dividends. This is an YoY increase of 133%. This month I broke the record I set in March with almost €250! Next month I will break this record again, because more yearly dividends are scheduled for payout in May. After May I have to wait till next year to set a new dividend income record.

This month I received payments from 18 companies. Biggest payers this month are Nordea Bank, Fortum and Aena. Basically yearly dividends from European countries made the majority of my dividend income this month.

Besides the €668,13 I received as dividend income, I also realized an extra income of €85,35 from expired or closed written put options.

Dividend Income – €668,13:

Nordea Bank151,80
Fortum110,00
Aena83,16
Ahold70,00
HSBC36,97
Altria Group24,32
l’Oreal23,10
Novo Nordisk20,73
Colony Capital PREF I19,79
Colony Capital PREF H19,73
Coresite Realty19,49
Bank of Nova Scotia18,53
LVMH16,00
AGNC Investment14,53
Coca Cola13,91
National General Holdings PREF O12,04
EPR Properties10,31
Brown-Forman B3,70

Option Income – €85,35:

  • 1x ING P10.50 18APR19 – €25,30
  • 2x AGN P4.50 18APR19 – €13,45
  • 2x ING P9.50 21JUN19 – €46,60

Transactions:

Dividend Changes:

2019 Target Status:

  • I’m at €5.000 out of €14.400 deposit target (37,7%)
  • I’m at €1355,26 out of €3.500 dividend received target (38,7%)
  • I’m at €230,70 income from writing options

March 2019 Dividend Report

Monthly Report March:

March was a record breaking month for me. I received €420,64 in dividends. This is an YoY increase of 127% and this is the most I ever received in one month.

This month I received payments from 15 companies. Biggest payers this month are for me Unibail Rodamco Westfield, Royal Dutch Shell and Macquarie Infrastructure Company.

Besides the €420,64 I received as dividend income. I also realized an extra income of €135,20 from expired or closed written put options.

Dividend Income – €420,64:

Unibail-Rodamco-Westfield81,00
Royal Dutch Shell78,18
Macquarie Infrastructure Company65,87
Enbridge48,83
Dominion Energy24,20
Unilever17,42
Qualcomm16,56
AGNC Investment14,51
Bank of America12,02
Johnson & Johnson11,96
McDonalds11,25
Monmouth REIT11,24
Boeing10,85
EPR Properties10,25
Think AEX UCITS ETF6,50

Options Income – €135,20:

  • 2x AGN P4.50 15MAR19 – €14,60
  • 1x ING P10.50 15MAR19 – €13,30
  • 1x RD P25.00 21JUN19 – €107,30

Transactions:

Dividend Changes:

2019 Target Status:

  • I’m at €3.800 out of €14.400 deposit target (26,4%)
  • I’m at €687,13 out of €3.500 dividend received target (19,6%)
  • I’m at €145,35 income from writing options

February 2019 Dividend Report

Monthly Report February:

In February I received €126,17 in dividend payments. Previous year in February I received €86,53 so my dividend income is up 231%.

This month I received payments from only 6 companies. Dividend payments from AbbVie, Omega Healthcare Investors and Simon Property Group are responsible for over 50% of my income this month.

Besides dividend income I also secured €10,15 in option income from a written put on ING.

Dividend Income – €126,17:

AbbVie33,23
Omega Healthcare32,21
Simon Property Group28,87
Royal Bank of Canada13,79
EPR Properties10,32
Apple7,75

Options Income – €10,15:

  • ING P9.20 15FEB19 – €10,15

Transactions:

Dividend Changes:

2019 Target Status:

  • I’m at €2.600 out of €14.400 deposit target (18,1%)
  • I’m at €266,49 out of €3.500 dividend received target (7,6%)
  • I’m at €10,15 income from writing options