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

January 2019 Dividend Report

Monthly Report January:

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.

Dividend Income – €140,32:

Wereldhave47,88
Altria Group23,72
Coresite Realty19,31
National Grid18,01
Bank of Nova Scotia17,95
EPR Properties9,80
Brown-Forman B3,65

Transactions:

Dividend Changes:

2019 Target Status:

  • I’m at €1.200 out of €14.400 deposit target (8,3%)
  • I’m at €140,32 out of €3.500 dividend received target (4,0%)

December Dividend Report 2018

Monthly Report December:

In December I received €242,66 in dividend payments. Previous year in December I received €74,00 so my dividend income is up 228%.

This month I received payments from 13 companies. Dividend payments from Royal Dutch Shell and Enbridge are responsible for over 50% of my income this month.

I did realize all targets this year. I received a total amount of €2.223 in dividend this year.

Dividend Income – €242,66:

Royal Dutch Shell77,12
Enbridge44,77
Dominion Energy21,99
Unilever17,42
Coca Cola13,39
Johnson & Johnson11,90
McDonalds11,22
Monmouth REIT11,21
EPR Properties9,82
LVMH8,00
Boeing6,02
Bank of America5,64
Think AEX UCITS ETF4,16

Transactions:

Purchase 32 shares The Bank of Nova Scotia

Dividend Changes:

– 20,2% quarterly dividend increase Boeing (+$8,40)
– 10% quarterly dividend increase Dominion Energy (+$9,90)
– 6,8% quarterly dividend increase Coresite Realty (+$5,60)
– 10% quarterly dividend increase Enbridge (+C$26,80)

2018 Target Status:

I’m at €18.000 out of €18.000 deposit target (100,0%)
I’m at €2.223,72 out of €2.200 dividend received target (101,1%)
I’m at €5.900 out of €5.000 extra mortgage repayments (target reached)

November Dividend Report 2018

Monthly Report November:

In November I received €155,54 in dividend payments. Previous year in November I received €40,74 so my dividend income is up 282%.

Besides my monthly deposit to my stock account I also repayed €500 extra towards my mortgage principal. As I only pay 1,99% interest this will not result in a big interest saving next year, but I enjoy the feeling that I won’t have a mortgage anymore within a few years.

This month I received payments from 7 companies. Macquarie Infrastructure Company, Omega Healthcare, AbbVie and Simon Property Group are responisble for over 80% of my dividend income this month.

This month the share prices were down a lot due to trade war fears. My China-Tech related exposure increased by purchasing Alibaba and Tencent. Also I bought 112 shares Royal Dutch Shell at the end of the month, because Royal Dutch is down over 10% since its top and I consider the dividend yield of 5,6% a decent level to buy.

Only one more month and another year has finished. I expect to realise all targets set for 2018. In the first weeks of December I will set my targets for next year.

Dividend Income – €155,54:

– Macquarie Infrastructure Company €37,03
– Omega Healthcare €30,93
– AbbVie €29,62
– Simon Property Group €28,27
– Royal Bank of Canada €13,70
– EPR Properties €9,52
– Apple €6,42

Dividend History Per Month

Transactions:

Purchase 8 shares Berkshire Hathaway
Purchase 25 shares Altria
Purchase 2 shares Boeing

Dividend Changes:

25% interim dividend increase LVMH
11,5% quarterly dividend increase AbbVie
5,1% quarterly dividend increase Brown-Forman

2018 Target Status:

I’m at €17.300 out of €18.000 deposit target (96,1%)
I’m at €1.981,06 out of €2.200 dividend received target (90,0%)
I’m at €5.900 out of €5.000 extra mortgage repayments (target reached)

October Dividend Report 2018

Monthly Report October:

In October I received €78,36 in dividend payments. Last year in October I received €25,79 so my dividend income is up 203%.

I only have 5 stocks in my portfolio paying dividend in October. So October is never a big dividend income month for me. Wereldhave, Coresite Realty and Coca Cola are over 80% of my dividend income this month.

This month the share prices were down a lot due to trade war fears. My China-Tech related exposure increased by purchasing Alibaba and Tencent. Also I bought 112 shares Royal Dutch Shell at the end of the month, because Royal Dutch is down over 10% since its top and I consider the dividend yield of 5,6% a decent level to buy.

It’s possible that I will slightly reduce my Royal Dutch Shell position if the shares are above €30. Last few years I purchased a few times Royal Dutch Shell around €25 to sell it above €30. Shell is one of the few companies in which I sometimes open a ‘trade’ position. While waiting for the price to increase I enjoy the dividend and above €30 I sell (part) of the shares.

The month I ended with a portfolio value of €59.781. So I’m down 4,6% this month. My estimated dividend income for 2018 based on my current portfolio is €2.202. The yearly estimated dividend income of my current portfolio is €2.655.

Dividend Income – €78,36:

– Wereldhave €34,65
– Coresite Realty €17,81
– Coca Cola €13,15
– EPR Properties €9,34
– Brown-Forman B €3,42

Transactions:

– Purchase 112 shares Royal Dutch Shell A
– Purchase 10 shares AliBaba Group Holding
– Purchase 30 shares Tencent

Dividend Changes:

none

2018 Target Status:

I’m at €16.950 out of €18.000 deposit target (94,2%)
I’m at €1.825,52 out of €2.200 dividend received target (83,0%)
I’m at €5.400 out of €5.000 extra mortgage repayments (target reached)

September Dividend Report 2018

Monthly Report September:

In September I received €183,36 in dividend payments. Last year in September I received €90,26 so my dividend income is up 103%.

I received dividend payments of 12 companies. Royal Dutch Shell (RDSA), Enbridge (ENB) and Dominion Energy (D) are responsible for over 50% of my dividend income this month.

This month I did make 4 purchases: 6 shares of Spanish airport operator Aena, 4 shares of technology company ASML Holding, 150 shares of Insurance company Aegon and 50 shares of the Dutch Bank ING Group. All 3 of these companies I already have in my portfolio so I increased the number of shares I own in them.

All 100 shares of Kas Bank I sold this month, because they reported disappointing results and I consider the outlook also not possitive for Kas Bank. Therefore I decided to sell the shares and invest the money from the sell in Aegon shares.

The month I ended with a portfolio value of €61.683. My estimated dividend income for 2018 based on my current portfolio is €2.163. The yearly estimated dividend income of my current portfolio is €2.442.

Dividend Income – €183,36:

– Enbridge €43,88
– Royal Dutch Shell €30,36
– Dominion Energy €21,33
– Aegon €16,80
– McDonalds €11,64
– Monmouth REIT €10,91
– Think AEX UCITS ETF €10,40
– Johnson & Johnson €9,58
– EPR Properties €9,24
– Unilever €7,74
– Boeing €5,92
– Bank of America €5,56

Transactions:

Sell 100 shares Kas Bank (EPA:KA)
Purchase 150 shares Aegon (EPA:AGN)
Purchase 6 shares Aena (BME:AENA)
Purchase 4 shares ASML Holding (EPA:ASML)
Purchase 50 shares ING Group (EPA:INGA)

Dividend Changes:

McDonalds quarterly dividend +15% ($6,60 extra yearly dividend)
WDP yearly dividend +6% (€3,30 extra yearly dividend)

2018 Target Status:

I’m at €15.950 out of €18.000 deposit target (88,6%)
I’m at €1.747,16 out of €2.200 dividend received target (79,4%)
I’m at €5.400 out of €5.000 extra mortgage repayments (target reached)

The diversification by country of my portfolio

In this post I will make an analysis of the diversification by country of my share portfolio. I will compare my diversification by country with the MSCI World Index just as when I made an analysis of the diversification per sector of my portfolio.

The breakdown per country of my portfolio

In the table below you can see the diversification per country of my portfolio:

Summary:

  • I’m overweighted in The Netherlands
  • I’m underweighted in The USA
  • I’m lacking exposure in Japan
  • Other countries have a deviation smaller than 5% versus the World Index
  • The Netherlands

    Shares from The Netherlands are 22,4% of my portfolio. In the MSCI World Index The Netherlands is 1,2%. The Netherlands is my home country so it’s easy for me to get enough information about Dutch companies and decide if I consider them good potential investments. The Netherlands is also the home country for many international companies.

    I have Royal Dutch Shell, ASML Lithography, Unilever and Aegon in my portfolio listed as companies from The Netherlands, but the majority of their income comes from other countries than The Netherlands. Also I have the Think AEX ETF in my portfolio. This EFT is fully invested in Dutch stocks.

    I don’t mind being overinvested in The Netherlands, but now I compared the share of Dutch stocks in my portfolio versus the MSCI World Index, I think I should reduce the share of Dutch stocks in my portfolio. I could sell the ETF and refrain from investments in Dutch stocks until I consider the share more in balance.

    The United States

    The USA is 48,8% versus 61,7% in my portfolio. I always had the idea that I’m overweighted in the USA and decided to mainly buy euro stocks for the last months of 2018, but compared with the MSCI World Index I’m underweighted. I guess this is mainly the result of being overweighted in The Netherlands.

    The positive thing of this analysis is that I have a decent number of American companies high on my watchlist. The devil in my head saying that I’m overweighted in USA and that I should buy euro stocks I now silenced by looking at the MSCI World Index.

    Japan

    I don’t have any stocks from Japan and Japan forms 8,4% of the MSCI World Index. I don’t see myself buying any Japanese stocks anytime soon. I simply don’t have enough knowledge to pick quality Japanese stocks. Softbank is top of mind as a big investor in Tech companies, but having just one company top of mind is not a solid basis to my investment decissions.

    I probably take it for granted that I’m not invested in Japan.

    Conclusion

    For the next year I will focus on slowly reducing the exposure in The Netherlands and I will add some more American stocks.