working towards €1.000 a month in dividend income
In July I received €290,10 in dividend income and additionally I made a profit by writing calls on Aegon and ING of €122,88.
Danone and my 2 positions in Colony Capital preferred stock contributed the most to my income this month.
| Danone | 69,30 |
| Colony Capital PREF I (5-6-2022) | 39,22 |
| Colony Capital PREF H (13-4-2020) | 39,08 |
| Simon Property Group | 35,50 |
| Avalonbay Communites | 33,55 |
| l’Oreal | 30,80 |
| Coresite Realty | 21,41 |
| Store Capital | 15,36 |
| Lam Research | 5,89 |
June was a exciting month for me and my girlfriend as we purchased a new house. As we both like to keep our fixed costs low we both decided to sell part of our stock portfolio’s to reduce the amount of mortgage needed.
As a result the estimated yearly dividend income will decrease also.
In my June numbers this is not visible yet. I received €391 in dividend and an additional €95 due to writing call options. This is 8% lower than June 2019 due to dividend suspenions at Aegon and Nordea Bank.
14 companies paid a dividend and the top 3 payers are Macebridge, Enbridge and Legal & General.
| Macerich | 77,05 |
| Enbridge | 53,79 |
| Legal & General | 52,05 |
| DSM | 37,49 |
| Royal Dutch Shell | 26,55 |
| Dominion Energy | 25,09 |
| Unilever | 18,47 |
| Invesco | 17,70 |
| Qualcomm | 17,39 |
| Bank of America | 14,40 |
| AGNC Investment | 13,85 |
| Johnson & Johnson | 13,35 |
| McDonalds | 12,20 |
| Gilead Sciences | 12,11 |
May was a month were the stock markets showed a recovery from the loses earlier this year. For me it’s still the question if this recovery will stay as it’s not possible yet to see how business results will develop next few months. The market is pricing in a fast recovery from Covid-19.
In May I received €489,36 in dividend income. This is 30% lower than the income in May 2019. This is for €217 related to positions closed positions in Flow Traders, Wereldhave, Omega Healthcare, Amsterdam Commodities en Warehouses de Pauw.
Also I missed payments from Danone and Simon Property Group which for now are delayed. Simon Property Group will decide in June what to do with the dividend.
I also miss payments from ING and Macquarie Infrastructure Company, because these 2 companies suspended their dividend.
My top 3 dividend payers are this month just as in previous month from European companies. The top 3 payers are Fortum, BMW and Bayer. All 3 pay their dividend one time per year so it’s easy to beat the companies paying a quarterly dividend and rank high on my monthly income list.
| Fortum | 110,00 |
| BMW | 75,00 |
| Bayer | 72,80 |
| AbbVie | 49,16 |
| Anally Capital | 41,08 |
| Altria Group | 26,07 |
| EPR Properties | 21,96 |
| ASML Holding | 20,25 |
| Royal Bank of Canada | 14,85 |
| AGNC Investment | 14,53 |
| Caterpiller | 13,22 |
| PacWest Bancorp | 11,45 |
| WestRock Company | 9,91 |
| Apple | 9,09 |
Luckily April was a way more calm month than March. The sentiment on the stock market turned and losses from April are partially offset by a raising market last month.
At the start of the year I expected to break my alltime high in monthly dividend income this month, but in reality I scored below last year. I miss payment from 8 companies, but fortunately only 2 of these companies stopped paying their dividend. From 6 other companies I expect the payment in the next few months as they were not able to get the dividend approved as their shareholders meeting was delayed.
I received payment from 16 companies for a total value of €471,04. This is 29% below last year. HSBC and Bonava are skipping their dividend. I expect a payment in May or July from Anally Capital, Aena, Altria Group, Fortum, l’Oreal and LVMH.
My dividend outlook for 2020 decreased this month again, mainly due to the dividend cut of Royal Dutch Shell. My outlook decreased from €5.207 to €4.947.
My top 3 payers are this month European companies for a change and are Givaudan, Nestlé and Ahold.
| Givaudan | 65,66 |
| Nestlé | 61,14 |
| Ahold | 46,00 |
| Colony Capital PREF H (13-4-2020) | 45,00 |
| Occidental Petroleum | 42,09 |
| Colony Capital PREF I (5-6-2022) | 34,49 |
| Comerica | 23,63 |
| Coresite Realty | 22,42 |
| EPR Properties | 21,79 |
| Novo Nordisk | 21,62 |
| Bank of Nova Scotia | 19,03 |
| Eastman Chemical | 18,32 |
| AGNC Investment | 15,37 |
| Coca Cola | 14,62 |
| Albemarle | 9,51 |
| Lam Research | 6,35 |
| Brown-Forman B | 3,99 |
March was a month as I never experienced before in my life. Both from a personal as a financial perspective. The stock market took a nosedive and for a few weeks I’m working most of my time from home as is now adviced by the Dutch governement.
The dividend report over March is still very positive as dividends got still paid out normally, but some companies announced cuts or are stopping their dividend payments at the moment. This will definately have an impact on my dividend income this year and probably also on next few years as the Covid-19 situation will probably impact the economy the next few years.
My dividend income this month is up 41% compared to previous years. In total I received this month €592,16. On the otherhand my outlook for this year declined from €6.010 last month to €5.207 now due to cancellations and cuts of dividend and probably more dividends will be adjusted downwards probably this year.
Normally I also have some option premiums to list as profit but this month I took a loss of €608,05 while closing all put options I had out in the market. I normally tend to not touch the options, but the Covid-19 developments are too unpredictable for me and I decided to take the loss and close all option positions.
| Macerich | 107,98 |
| Unibail-Rodamco-Westfield | 81,00 |
| Royal Dutch Shell | 78,41 |
| Macquarie Infrastructure Company | 66,29 |
| Enbridge | 54,54 |
| Invesco | 35,69 |
| Dominion Energy | 26,27 |
| Unilever | 18,47 |
| Carnival Corporation | 17,68 |
| Qualcomm | 17,02 |
| AGNC | 14,75 |
| Bank of America | 14,67 |
| Delta Air Lines | 12,98 |
| Johnson & Johnson | 12,51 |
| McDonalds | 12,30 |
| Boeing | 10,93 |
| EPR Properties | 10,66 |
Today I noticed I didn’t post my February dividend report. As March is already finished I will only make a very short post and only list the table with dividend income. Total income was €209,27.
Next month I will make a proper post again.
| AbbVie | 49,00 |
| Simon Property Group | 45,67 |
| PacWest Bancorp | 27,75 |
| WestRock Company | 23,44 |
| AGNC Investment | 15,48 |
| Royal Bank of Canada | 15,28 |
| Caterpiller | 13,36 |
| EPR Properties | 10,77 |
| Apple | 8,52 |
The first month of 2020 is finished and it’s time to write the report over last month. I collected a total amount of €360,04 in dividend. This is an increase of 156% compared to January 2019.
The dividend increase is mainly due to purchases in made in 2020 of companies with a payout in January.
The top 3 companies which paid me a dividend this month are Wereldhave, Colony Capital and Anally Capital.
On top of the €360,04 income from dividend I also realized a profit of €460,06 during the january option expiration from closed and expired positions.
| Wereldhave | 63,00 |
| Colony Capital PREF H | 44,00 |
| Anally Capital | 40,56 |
| National Grid | 38,91 |
| Occidental Petroleum | 34,09 |
| Colony Capital PREF I | 33,72 |
| Altria Group | 25,69 |
| Coresite Realty | 21,92 |
| Bank of Nova Scotia | 19,80 |
| AGNC Investment | 15,11 |
| EPR Properties | 10,45 |
| Albemarle | 8,89 |
| Brown-Forman B | 3,91 |
And again another month and year has been finished and it’s time to write my report regarding my December dividend income.
December 2019 resulted for me in €526,94 in dividend income. This is up 117% from the €242,66 I received previous year in December.
In total I received this year €4.893 in Dividend income. This is 120% better than the €2.224 received in 2018!
I received dividend from 18 companies. The income in December was influenced by a speculative position in Washington Prime Group which I closed in November, but in December I received the most recent dividend payment from WPG.
Top 3 dividend payers are WPG, Shell and Macerich. The dividend payments of these 3 companies are good for 46% of my dividend income this month.
Above my regular monthly mortgage payment I did an extra repayment of €260.
| Washington Prime Group | 112,14 |
| Royal Dutch Shell | 79,18 |
| Macerich | 53,69 |
| Enbridge | 50,07 |
| Invesco | 35,51 |
| Dominion Energy | 24,82 |
| Taubman Centers | 21,06 |
| Unilever | 18,47 |
| Qualcomm | 16,79 |
| Monmouth REIT | 16,01 |
| AGNC Investment | 15,16 |
| Bank of America | 14,50 |
| Coca Cola | 13,99 |
| Johnson & Johnson | 12,85 |
| McDonalds | 12,34 |
| Boeing | 11,15 |
| EPR Properties | 10,43 |
| LVMH | 8,80 |
November is already finished for some time. It was a super busy month where I did spend long days at the office working on several contracts regarding the automation of our eCommerce warehouse.
The dividend income in November tallied to €300,18. This is an increase of 93% versus November 2018. A total of 11 companies paid me dividend in November. Macquarie Infrastructure Company, Wereldhave and AbbVie are responsible for well over 50% of my dividend income last month.
The external management of Macquarie Infrastructure Company announced the intention to pursue strategic alternatives, with which they mean they try to sell the company. I hope they don’t sell the company, because I prefer receiving the 9% dividend over some short term capital gain.
The November month was also an active month for resulting in 9 trades. While preparing my targets for next year I was considering adding a target to reduce my overexposure to REIT’s, but I decided to close 3 REIT positions already in this year instead of delaying it to next year. With the proceeds I started positions Albemarle, Carnival Corporation PLC and Dutch smallcap Royal BAM Group. Occidental Petroleum is my regular monthly purchase with freshly deposited money.
This month was also a record month for me in profits realized from option positions which expired or which I closed in November. The November option expiration resulted in €1.773,50 in realized option profits.
| Macquarie Infrastructure Company | 66,96 |
| Wereldhave | 63,00 |
| AbbVie | 43,57 |
| Simon Property Group | 30,50 |
| HSBC | 18,18 |
| ASML Holding | 15,75 |
| AGNC Investment | 15,26 |
| Royal Bank of Canada | 15,04 |
| Caterpiller | 13,03 |
| EPR Properties | 10,52 |
| Apple | 8,36 |
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.
| Colony Capital PREF H | 44,38 |
| Anally Capital | 40,30 |
| Altria Group | 25,93 |
| Coresite Realty | 22,09 |
| Colony Capital PREF I | 20,24 |
| Bank of Nova Scotia | 19,61 |
| AGNC Investment | 15,25 |
| Coca Cola | 14,27 |
| National General Holdings PREF O | 12,31 |
| EPR Properties | 10,53 |
| Brown-Forman B | 3,78 |
