dinsdag 29 november 2016

November dividend income

December is almost upon us and all expected November dividends have been paid. In November 2016 I received the most dividend yet. Two companies and one mutual fund paid me for just owning their shares.

On November 11th Whitestone Reit (WSR) paid me €3,76 net for owning 50 shares. In dollars they paid me as much as last month, but in Euros I received 11 cents more because of a stronger dollar compared to the Euro..

On November 15th I received €9,69 net from Omega Healthcare Investors (OHI) for owning 20 of their shares. This was the first dividend payment I received from them.

On November 23rd I received €2,27 net dividend from Kempen Global High Dividend mutual fund for owning 8 parts of their fund. The dividend was reinvested automatically (DRIP).

In total the net dividend I received in November was €15,72 which is a whole 10 cents more that the previous top month (september).

December promises to be a new record month, but that's something for another post.

donderdag 17 november 2016

Added my KO position

After selling TGT yesterday I was looking to add to one of my existing positions. I decided to add 9 shares to my Coca-Cola holdings.

Why did I choose or KO and not one of my other holdings? Well the truth is it was my smallest holding and it is now at a much lower price than the other shares I bought. So yesterday I bought another 9 shares of KO for $41.20 each.

My total position is now 28 shares of KO.

This purchase will add $12.60.

So selling TGT and buying KO has increased my yearly dividend income by three dollars.

woensdag 16 november 2016

Already sold TGT again

As a dividend growth investor most of the time you buy shares and keep them for a very, very long time and collect those dividends. But sometimes you have to sell some of those shares.
Today I had to sell Target (TGT) after just owning them for 1 week.

Last week I bought TGT at $66.80 per share at the beginning of the markets after Donald Trump was elected president.
In one day the shares rose to about 71 dollars and stayed there until yesterday. And TGT went ex dividend last monday as well.

Today TGT presented it 3rd quarter figures pre market and those figures are quite good. Today the TGT shareprice rose again to 77 dollars plus. That's a 18% increase compared to my buying price. So today, after just owning the shares for a week, I sold my (4) TGT shares again for $77.25 per share. At the current quarterly dividend this profit equals more than 17-18 times dividend payment or 4.5 years of dividend payment.
This is a 15.6% profit. Adding the dividend into the equation of $0.60 per share increases profit to 16.5%.

But that's just the profit in dollars. As a European investor the Euro/Dollar rate is also important. And the dollars has risen quite a lot in the last week compared to the Euro. So taking that into account and taking off transaction fees, the total profit on my TGT shares has been 18.9%.

Of course I will reinvest the money that I now have in my brokerage account, probably I will add to one of my existing positions. And if TGT drops, it is back on the table as well..

This sell drops my 12 month forward dividend income with $9.60.

I have a question for the more experienced DGI's: Was this sell wise?

donderdag 10 november 2016

New position:Target Corporation

In the aftermath of the Trump election for president I already bought some shares of Unilever (AEX: UNA).

At the opening of the New York Stock Exchange I also made a purchase of shares of a company I already owned"Target Corporation. Stock prices were going up and down at the beginning of the market and I bought 4 shares at $66.80 per share. Including transaction fees the total costs ware €61.12 per share.

Target Corporation is a Dividend Aristocrat and has a record of 45 years of consecutive dividend growth.
Target pays $2.40 per share per year, which gives me a yield on cost of 3.57% and will increase my 12 month forward pretax dividend income with €8.73 to €270.06. My net annual dividend income is now €229.55.

Target will go ex dividend on November 14 th, so in 5 days I will earn the first dividends for this company

This purchase will probably be the last one of the year because of expenses we are expecting in December.

woensdag 9 november 2016

Recent buy: Unilever

After Donald Trump was voted the next president of the USA, the general idea was that stock markets would take a dive.
It looked like that was going to happen at the opening of the Amsterdam stock market, but with predictions of a 20 point drop (5%) the AEX is now only 1% negative.

However one of my favourite Dutch dividend stocks, Unilever (AEX: UNA) has dropped within 1 euro of its 52 week low.

So I bought another 8 shares of UNA at €37,25. Including transaction fees I paid €300,05 in total, making it €37,51 per share.

I no own 23 shares of UNA which I bought at average costs of €39,21.

This purchase will increase my annual dividend by €10,24 before taxes bringing it to €260 per year before taxes.

I hope there will be a dip at the start of the markets in the USA as well. Than I will try to make another purchase on a new position.

woensdag 2 november 2016

October divididend income

The month is passed so it is time to update my divididend income until October 2016.

Last month I received €8,66 by two companies. Whitestone REIT (WSR) gave me $0.095 per share. As I own 50 shares and am taxed 15% on dividend income I received $4,03.

Also the Coca Cola company payed me for owning their shares. They payed $0.35. Owning 17 shares my net income was $5.05.

For my first half year of investing and in an off month I am happy with this number. Coming months the dividend income will be much higher. I expect twice as much in november and three to four times as much in december.