The sum of dividends is calculated by using today's exchange rates of currencies, suggested dividends if known, market expectations if suggested dividend is not known or declared dividends, so that latest declared dividend is expected to remain the same whole year. We have quite big currency risk on our portfolio. At the moment we get dividends in six different currencies. Some of the dividends are received in local currency, but in most cases the bank automatically converts dividends to euros (and takes small fee).
And now to figures. We are expecting to get around 4 784,43 € of gross dividend income this year. This will lead to overall gross dividend yield of 6,39 % compared to todays value of the portfolio.
The net dividend income will be around 20% to 30% smaller than expected gross dividend income. We are not following the real net dividend income, since part of the taxes are taken after tax year ends. The net dividend income is the money that actually hits our bank accounts, after withheld taxes, bank fees and so on.
The pie represents how well we are proceeding compared to our expectations, it should not be full at the end of the year, since received dividends are net dividends and red is not yet received. Whole pie represents the expected gross dividends. The reason for this, is that we want to see how much from the pie goes to taxes and fees.
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