Doorgaan naar hoofdcontent

Strong dollars helps my dividend income

Door
Since owning share of Whitestone Reit (WSR) I've been receiving their dividend every month. To date I have received four dividend payments. Since the beginning I own 50 shares of WSR. And, every month I have been receiving more dividend than the month before. This is not because of dividend reinvestment, but only because of the exchange rate between dollar and Euro.

When looking at the dividends received it increase from €3,59 to €3,83 after taxes. This is an increase of 6.7% without the company raising its dividend in dollars.

On the other hand my dividend income is vulnerable when the Euro gets stronger again. I don't think that will happen soon as the QE in Europe is still in full force while the Fed is raising interest rates again. Still I should think about that when I want to calculate how much dividend income I'll need to live off the dividends.

Labels:

Reacties

  1. australian writings services17 augustus 2017 om 08:05

    Dollar have huge impact on economy of any country, I hope that this impact will remain not for long and more currencies will emerge. Thank you for sharing it

    BeantwoordenVerwijderen

Een reactie posten

Populaire posts van deze blog

New position AD

Door
Yesterday I initiated a new postion. I bought 10 shares of Ahold Delhaize (AMS: AD). AD is company that was formed by the merger of Ahold from The Netherlands and Delhaize from Belgium. Ahold constists of their flagship Albert Heijn the market leader in supermarkets in The Neterlands, the largest liquor store chain Gall&Gall and the reason why Amazon doesn't have a big market share in Holland, bol.com . Most of these brands are also known in Belgium, but the main brand for Belgium is Delhaize. Aold Delhaize is also active in the United States with brands like: Foodlion Stop&Shop bfresh and many more.They are also active in Asia. I was eyeing for AD a little while but found them a bit expensive at a share price of €20 but since the announced takeover of Wholefoods by Amazon the share prices has taken a hit and closed at €16.04 yesterday. So it was now well within the price I was willing to pay for it. I bought 10 shares of AD at a share price of €16.30...
2 reacties
Meer lezen

Dividend income april 2017

Door
May is already a few days old and in The Netherlands we will tonight remember our fallen compatriots from World War II and later, and tomorrow we will celebrate our liberation from the Nazis. An update for my April dividend income is almost overdue. In april we received dividend from 3 companies: Coca-Cola (KO) paid us €8.49 Wal-Mart (WMT) paid us €2.03 Whitestone REIT (WSR) paid us €4.19 In total we received €14.71 after taxes, bringing our YTD Dividend to €89.20. We will breach the €100 mark in May.
2 reacties
Meer lezen

New position: WMT

Door
Today I initiated a new position. I bought 5 shares of Walmart (WMT) at $67.85 per share. Including transaction fees the cost basis is $67.95. Dividend yield is 2.9%. With this purchase my expected annual dividend income is increased with €8 to approximately €325. WMT has come down the last month. It is already climbing back up a little bit earlier this week. In the DGI community I don't see many purchases of WMT, but it is a strong company with a great divididend history. Also WMT pays dividend in the first month of every quarter, which are the off months for my portfolio at the moment. I now have initiated four new positions this year. That was one of the goals I set for 2017. The next months I won't be buying as much as the first 5 weeks of the year as we'll be paying off our mortgage more aggressively in the coming months.
2 reacties
Meer lezen