June 2017 Dividend Report

In June I received the following dividends:

USD dividends ~ $32,82 total:
Simon Property Group $7,00
Autoliv $3,60
Boeing $5,68
Johnson & Johnson $3,36
Monmouth $4,80
BorgWarner $1,96
McDonald’s $2,82
Wisdomtree Smallcap Dividend fund $3,60

EUR Dividends ~ €53,59 total:
Unilever €3,59
Aegon €15,60
Royal Dutch Shell €8,39
Think Morningstar High Dividend UCITS ETF €8,25
Think Global Real Estate UCITS ETF €8,63
Think AEX UCITS ETF €9,13

 

A total of €83,04

Purchase of 100 shares Fortum Corporation (FUM1V)

Today I bought 100 shares of Fortum Corporation at €14,29. The 2016 dividend was €1,10 so the shares have an initial yield of 7,7%. Based on last years dividend a yearly dividend of €110 is added to the portfolio by this purchase.

Profile:

Fortum Corporation is an energy corporation listed at the Helsinki stock exchange. Fortum is mainly active in the Nordic countries, Russia, Poland and India. Fortum is an energy company getting their income from operating powerplants, the selling of electricity and heat. Also Fortum is providing waste services.

If sustainablity is one of the key values you use to build up your portfolio, Fortum is unfortunately not for you. Fortum owns stakes in various nuclear plants in Finland and Sweden. Fortum is also active in Hydro Power and Solar Power, but due investments in nuclear plants Fortum forfeits a place in any portfolio where sustainability is also taken into consideration.

The Finnish state has a 50,8% share in Fortum and is considering this a strategic investment to protect key companies from hostile takeovers. So not expect to earn a premium due to a takeover bid.

Dividend Policy:
Fortum has as target to have a payout of 50-80% of the earnings per share excluding one-off items.

Figures:

Low energy prices are resulting in presure on the earnings per share, but the cashflow is still high enough to maintain the dividend. Against current energy prices the dividend maybe can’t be maintained, but even a big reduction of the dividend will still result in an dividend yield which I consider acceptable.

May 2017 Dividend Report

In May I received the following dividends:

USD dividends ~ $33,17 total:
Verizon $6,93
AbbVie $9,60
Macquarie Infrastructure Company $9,24
Apple $6,30
Smallcap Dividend Fund €1,10

EUR Dividends ~ €94,56 total:
l’Oreal €9,90
Aena €22,98
ASML €7,20
ING €21,00
WDP €17,88
DSM €15,60

A total of €124,24

Brown-Forman declares a steady cash dividend of 18,25 ct per share

Brown-Forman declared at May 25 that the quarterly dividend remains 18,25 cents per share.

A quarterly dividend of 18,25 cents will result in a yearly dividend of $0,73 and a yield of 1,50%

I have 20 shares of Brown-Forman. Brown-Forman will contribute $14,60 to the yearly estimated dividend income.

Brown-Forman is paying regular quarterly dividends for 71 consecutive years and has increased the dividend for 33 consecutive years. Brown-Forman is a member of the S&P’s 500 Dividend Aristorcats Index.

April 2017 Dividend Report

In April I received the following dividends:

USD dividends ~ $10,45 total:
Coresite Realty $5,60
Cisco €4,35
Wisdomtree Smallcap Dividend Fund $0,50

EUR Dividends ~ €52,8 total:
Elior €12,60
LVMH €7,80
Eni €16,00
Wereldhave €16,40

A total of €62,4

March 2017 Dividend Report

In March I received the following dividends:

USD dividends ~ $33,31 total:
Simon Property Group $7,00
Autoliv $3,48
Boeing $5,68
Macquarie Infrastructure Company $9,17
Johnson & Johnson $3,20
BorgWarner $1,96
McDonalds $2,82

EUR Dividends ~ €20,79 total:
Unilever €6,40
Think Morningstar High Dividend UCITS ETF €2,25
Think AEX UCITS ETF €1,10
Think Global Real Estate UCITS ETF €2,20
Royal Dutch Shell €8,84

A total of €52,51