Last week of August

Last week of August was very quiet as we expected. We received our usual end month dividends, nothing else. From LTC Properties we received  7,17€ after taxes and fees and from Gladstone Capital Corp we received 4,74€ after taxes and fees deducted.

We find it very hard to find good stocks to buy with decent valuation. In our portfolio every stock which we would like to increase our holdings is at least 20% more expensive than our average price. We opened new position on Friday. 3 shares of Blackrock Inc @422,05 USD. We are still looking forward to make at least one buy next week. We are not sure yet if we are going to increase some of our holdings or buy something new.

In August we received 51% more passive income than last year's August. After the 8th month of the year we have accumulated 84,81% of our this year's target by collecting total of 3301,30 € worth of dividends.

3rd Week of August

Not much happened this week. We received dividends only from Main Street Capital. On Wednesday we received 20,32 € after taxes and fees.

Next week will be quiet too and then the last month of quarter starts after that. We have to make transaction on one of our portfolios to avoid bank fees for the next quarter. We planned to make a bit larger investment this time than just reinvest the dividends accrued in that portfolio. To finance the purchase we reduced our housing loan payment for next month by 1000 €. We still have a little more than 27 000 € allowance left to reduce our housing loan payments. If we pay back more, the allowance increases until agreed limit is reached. We planned to invest around 1200€ in first week of September.

Now we have accumulated 84,50% of our this year's target and we have increased our passive income by 55,32% YOY.

2nd week of August

This week was pretty good. We received a good amount of dividends this week. Week's first dividend payer was Whitestone. From Whitestone Reit we received  49,49 € after taxes and fees on 13th of August. On 14th of August we received excess cash dividends from Vodafone. After the DRIP we had remainder of 35 shares, which means that we received 1,40 € after fees deducted. Then  on the 15th of August we received a lot of dividends. Actually from six companies. From Dream Global Reit we received 9,92 CAD after taxes, which is approximately 6,68 €. From Exchange Income we received 15,51 CAD after taxes which is approximately 10,45 € and from Inter Pipeline Ltd we received 36,46 CAD after taxes which is approximately 24,56 €. On the same day some of our US investments paid dividends too. From Realty Income we received 16,91 € after taxes and fees. From Senior Housing Properties Trust we received 22,41 € after taxes and fees. And week's last dividend was from Omega Healthcare Investors Inc. We received 49,29€ after taxes and fees.

Our this week's dividend income was 181,19 € raising our this month's dividends to 424,67€. In this week we exceeded our last year's August dividend income and last year's passive income. Our year over year passive income has improved by 54,36%.  Now we have accumulated 83,98% of our this year's target. We still need to receive 623,70 € passive income to reach the target. After quick calculation we will exceed our estimation  clearly although there has been some dividend cuts in our portfolio.

The 1st week of August

Our week started with interest income. We received 14,13 CAD interests from previous month. This is approximately 9,55 €. We also opened new position on Saratoga investment. We bought 50 shares @24,70 with fees included at purchase price.

On 8th of August we received 10 € dividends from Nokia. Normally taxes are deducted automatically, but this was not the case this time. So we have to pay it later by ourselves when final taxation calculation is ready.

On 9th of August we received DRIP shares from Vodafone. We received 22 shares @149,09 GBX. This is approximately 34,95€. We will get cash portion of dividends later. Cash portion will be a few cents.

Sampo paid additional dividends by giving  Nordea shares to owners. We received 8 shares @5,677. So we received 45,42€ additional dividends from Sampo. We were expecting these to arrive at 12th of August.

Now we have accumulated 79,70% of our this years target and we are 790,32 € away from target.

It seems that August's dividends will be higher than last year's August dividends were.

Last week of July

As a month turns to August we again paid back some of our investment loan. We paid back 213 € of capital and 8,10 € of interest and fees. We also withdrew 1908,06 from one fund and paid heavy taxes on that. The taxes will be adjusted to correct level at the end of the year. We received net 1266,95 € from that fund. We used this money to finalise our "debt restructuring program". Now all our remaining loans have interest rate less than 0,9 %, and monthly free cashflow raised by 645 €.  What we actually did? We renegotiated the terms of our housing loan and paid back in full our car financing plans. We paid back both car financing plans two years in advance. This operation saved us additional 500 € in fees and interests. There is no real costs of paying plans in advance.  The reason was that the monthly fees started to be more than interests.

And now the income part.  On the 31st of July we received dividends from two companies. From LTC properties we received 7,09 € after taxes and fees and from Gladstone Capital Corp. we received 5,05 € after taxes and fees. On 1st of August we also received dividends from two companies, AT&T and Verizon. From AT&T we received 99,97 € after taxes and fees and from Verizon Communications Inc. we received 45,29 € dividends.

So weekly dividends were 154,95 € which is 4th best week so far this year.

Now we have accumulated 77,13% of our this year's target, 3002,54 € of 3892,78 €. So we are missing 890,24 €

Month by month comparison looks like this: