3rd week of December

3rd week of December was a pretty decent week. We received following dividends:

• 17,39 € from Washington H. Soul Pattinson
• 10,42 € from Exchange Income
• 6,60 € from Inter Pipeline Ltd
• 43,99 € from MSC Industrial Direct Co
  
• 27,30 € from Monmouth Real Estate Investment Corp
• 20,42 € from Realty Income Corp
• 67,23 € from Duke Energy
  
• 1,42 € from Main Street Capital

Our bank failed to deliver dividends from Coca-Cola and Main Street Capital dividend was paid late. We sold 150 shares of Telia @34,73 SEK. Now our position at Telia is 500 shares. 

We have so far collected 361,60 € dividends in December.

Second week of December

Second week was a nice week. We received dividends four days out of five. Dividend payments, even small ones, give us nice motivation boost to invest more. We received

• 13,88 € from Southern Company
• 26,87 € from Johnson & Johnson
• 34,89 € from Telia
  
• 17,16 € from Whitestone Reit
• 18,55 € from National Australia Bank
• 15,24 € from ExxonMobil Corp
  

Total dividend income was 126,59 €. We are quite happy.

We also purchased 13 shares of Simon Property Group @91,78462 USD and raised our total holding at SPG to 29 shares. 

The currency rates have not been favourable to us and now our prediction shows that we do not meet our target this year after all. We will probably land short by 25 €, if we receive all the dividends on time. This is not so sure considering that our bank has been incredibly unreliable lately.

Total amount of dividends received in December so far is 166,83 € and in 2020 4994,68 €. 

 

First week of December

Monday was last day of November and we received our last dividends of the month. We received:

• 13,45 € from LTC Properties
• 1,41 € from Tesco
• 41,33 € from Genworth MI Canada
• 12,84 € from Transalta Renewables

Our bank failed to deliver us Cibus Nordic dividends on time. November was our best dividend income month this year. We received total of 585,90 € dividends in November. 

Our December started with usual investment loan payment. We paid back 501,37 € principal and 24,32 € interests and fees. We also received our first dividends of December:

• 33,41 € from Canadian Utilities
• 5,05 € from Main Street Capitalm
• 1,78 € from Cibus Nordic Real Estate AB

This was a decent start for December. We received 40,24 € Dividends in first week of December. As Brookfield announced buying Genworth MI Canada stocks, we decided not to wait for resolution but sell the stock and find a replacement. We sold our position of 140 shares of Genworth MI Canada @43,7142 CAD. We bought it @35,2500 CAD so we realised 8,4642 CAD/share profit. To replace this share we bought 275 shares of Manulife Financial Corp @22,72 CAD. 

3rd and 4th week of November

We did not had time to update blog last week so we do the 2 week recap now. Dividendwise weeks were pretty good. We received following dividends:

• 12,96 € from Ocean Yield
• 8,43 € from Abbvie
• 6,58 € from Inter Pipeline
• 47,88 € from Omega Healthcare Investors
• 1,39 € from Saratoga Investment 
• 2 shares of Saratoga Investment from DRIP worth of 29,76 €
  
• 1,46 € from Main Street Capital
• 1,43 € from Diversified Healthcare trust
• 20,88 € from Realty Income Corp
• 9,63 € from Msc Industrial Direct Co
• 13,65 € from Royal Bank of Canada
• 95,20 € from Brickworks Limited
• 1 share of Main Street Capital from DRIP worth of 27,19 €

Our bank failed to deliver us remainder of Main Street Capital DRIP and Tesco PLC dividends.

MSC declared special cash dividend of 3,50 USD payable december 15th. This will increase our 2020 dividends by 44,98 €.

Hp Inc annouced dividend increase by 10%. This will increase our 2021 dividends by 0,30 €.

We bought 21 shares of LTC Properties @39,1375 USD. This will increase our dividend income approximately by 5,70 € in 2020.

We have received 516,87 € dividends in November. November is currently our second best month this year right after February. If we receive all the dividends which should arrive November will be the best month this year. Current estimation shows that we might reach the target of 5300 after all, thanks to MSC special dividend. It will be close call.

 

2nd week of November

Again one quiet week is over. Only three dividend payments received and made one purchase with dividends. 

On Thursday we received 17,63 € from Whitestone REIT. On Friday we received 1,79 from British American Tobacco and 10,39 € from Exchange Income. Once again our bank failed to transfer us dividends from Realty Income and Main Street Capital.

We bought 1 share of LTC Properties @36,5115 USD.

We have collected 240,43 € dividends in November. 

 

 

First week of November

A new month started. We paid our monthly investment loan installments. We paid back 500,61 € principal and 25,1 € interests and fees. Our investment loans have a fixed principal amount and fees and interests are added to the installment. So our installments varies depending how many interest days there are between the payments. We usually round up the payment to even number so actually the principal paid back varies a bit. Our normal principal payment is 494,69 €/month. 

On November 2nd we received all our dividends due this week. We received 164,91 € from AT&T and 45,75 € from Verizon. 

We reinvested the dividends and bought 4 shares of Iron Mountain @26,664 USD and 1 share of Johnson & Johnson @139,53 USD. Only Johnson & Johnson pays dividend this year and thus increases our this year dividend income approximately by 0,73 €. We also bought 50 shares of Canadian Utilities @31,90 CAD. This will increase our dividend income by 11,69 € in 2020. 

We have received total of 210,66 € dividends in November and 4 452,60 € in 2020. Our target was 5300 € so we have now received 84 %. As stated earlier we will not reach the target. 

 

Last week of October

This was a pretty decent week. We finally received missing dividends we have been waiting for. On Tuesday we received 20,99 € from Realty Income Corp and on Wednesday 48,06 € from Telia. On Friday we received following dividends:

• 2,93 € from Keurig Dr Pepper
• 14,92 € from Clime Capital LTD
• 12,85 € from Transalta Renewables Inc
• 10,74 € from LTC Properties

We reinvested our dividends and bought one share of Abbvie @85,6177. Abbvie also announced dividend increase of 10,2 % this week. This purchase does not increase our 2020 income but dividend increase and purchase will increase our dividend income by 6,40 USD in 2021. 

Our October dividend income was 438,26 € in total. A bit less than our target was but we managed to increase our income by 36,56% from 2019 October. We are now 178,06 € behind our 2020 target. If our prediction is correct we will receive around 5250 € out of 5300. This is pretty good result considering that covid-19 surprised us.

Fourth week of October

A pretty quiet week. We did some small adjusments during the week. We sold small amount of funds and we realized 3,77 € profit. We received 24,62 € dividends from Transcontinental Inc and 15,10 € from Simon Property Group. We are still waiting dividends from Keurig DrPepper and Realty Income. 

We reinvested received dividends and money we received from selling the funds and bought 30 shares of Cibus Nordic Real Estate AB @ 156,95611 SEK. This will increase our 2020 dividend income by 3,83 €.

As of today we have received 327,77 € income in October which surpasses the 2019 October passive income. This year April and August have been weaker than last year. Rest of the months our dividend income has been or will be better than last year.

 

 

3rd week of October

 This was pretty good week, as usual in middle of the month. We finally received Pepsico dividends 13,97 € on Tuesday. On Wednesday we received 4 shares of Apollo Investment Corporation as a DRIP and paid 0,12 € taxes. This DRIP is worth of 29 € after paid taxes deducted.  On Thursday 15th we received following dividends:

• 10,45 € from Exchange Income
• 6,61 € from Inter Pipeline Ltd
• 45,21 € from Spirit Realty Capital 
• 40,44 € from Leggett & Platt
• 35,09 € from Cardinal Health Inc
• 17,68 € from Whitestone Reit

Our bank failed to deliver us Main Street Capital dividends on 15th of October, and we received payment (32,91 €) on Friday instead. Also our bank failed to deliver Keurig DrPepper and Realty Income dividends on time and we are still waiting them to arrive.

We bought 5 shares of AT&T @27,51 USD. 

Now we have collected 284,28 € dividends in October.

 

A really anemic week

This week was really quiet. Only one dividend and thats all. HP Inc paid us 0,76 €. We are still waiting PepsiCo dividends. 

 

 

 

Q3 is over

A lot happened as the quarter ended.

We were able to increase our net investment portfolio by 6,77% during the third quarter. The cash in the investment accounts went down a bit. Our stock portfolio rose 6,39% and loans went down by 4,72%. We are going to right direction. Below is the updated investment portfolio.

Investment portfolio

Asset class	1st Oct 19	31st Dec 19	1st Apr 20	1st Jul 20	1st Oct 20
Cash	N/A	1 799,70 €	1 344,51 €	781 €	596,23 €
Investment funds	10 725,61 €	10 478,22 €	10 478,22 €	10 377,73 €	10 383,21 €
Coop memberships	1 500 €	1 500 €	1 500 €	1 500 €	1 500 €
Shares	119 731,61 €	124 914,13 €	98 487,31 €	132 343,57 €	140 797,57 €
Gross investment portfolio	131 957,22 €	138 692,05 €	111 810,04 €	144 922,11 €	151 777,01 €
Investment loan	7 657 €	7 018 €	6 166 €	25 740 €	24 525,88 €
Net investment portfolio	124 300,22 €	131 674,05 €	105 644,04 €	119 182,11 €	127 251,13 €

At the beginning of October it was time to make our monthly investment loan payment. We paid back 500,89 € of principal and 24,89 € interests and fees.

This week we bought 17 shares of AT&T @28,785 USD and 6 shares of LTC Properties @36,6832 USD. These will increase our 2020 dividend income approximately by 10 €.

This week we received dividends from following companies:

Last day of September:

• 9,88 € from LTC properties
• 12,69 € from Transalta Renewables
• 1,76 € from Methanex

We did not receive Pepsi Co dividend on 30th September since our bank failed again to deliver it to us. It also failed to deliver the dividends that should have been paid on the first day of October. 

On the second day of October we received:

• 19,25 € from Coca-Cola
• 3,24 € from Genuine Parts
• 29,49 € from Iron Mountain Inc

So we are still missing our Pepsi Co dividends. We received total of 401,33 € in September. Not too bad but still missed the target. Currently we are 174,33 € behind the target pace, but considering the situation we are pleased. We will not reach the target but we get pretty close. In October we have now collected 52,16 € dividends. 

 

 

Fourth week of September

A pretty quiet week. We did small restructuring in our portfolio during the week and we received some dividends. We sold our position in Kojamo @19,18 € and we reinvested the money to 83 shares of AT&T @28,6365 USD. We bought Kojamo @ 8,50 € so we realised 125,3 % profit. The reason for the change was that Kojamo's price has risen too high compared to its dividend. This move will increase our 2020 dividend income approximately by 31 € and for 2021 by 84 €. 

Dividends received this week:

•  On Tuesday 41,94 € from Blackrock. 

• On Wednesday 1 share of Main Street Capital as a DRIP @30,34 USD and remainder 5,18 €. 

So far we have received 377 € dividends in September and we will receive around 35 € before month is over. So, again we do not meet the target but we are getting close. The year 2020 target is really lost, but we are doing better than expected. 

3rd week of September

Again one week is behind. We received  nice amount of dividends this week. And we finally received the taxes back from Norway. We recorded the amount as dividend from Ocean Yield.  Norwegian Tax authority paid us 24,74 €. On Tuesday we received following dividends:

• 10,32 € from Exchange Income
• 6,54 € from Inter Pipeline
• 20,81 € from Realty Income Corp
• 27,87 € from Monmouth Real Estate Investment Corp

On Wednesday we received:

• 69,02 € from Duke Energy and
• 1,46 € from Main Street Capital

So total dividends were 160,76 €. We also reinvested dividends right away. We bought 25 shares of AT&T @29,4304 USD. This will increase 2020 dividend income by 9,36 €. We sold our position at Accor SA @24,18 €. We realised small profit on sell, but we do not follow these profits. 

We also noticed that Realty income increased dividends by 0,2 %. This will increase our dividend income by 0,15 € but we might lose it because of currency fluctuations. 

Our September dividends now exceeds the 2019 September dividends. We have now collected 295,92 € dividends in September.

 

 

Second week of September

We were quite active on second week of September. On Tuesday we received 14,24 € from Southern CO and 26,79 € from Johnson & Johnson. On Thursday we received 17,55 € from Whitestone REIT and 13,71 from Exxon Mobil. 

We reinvested our dividends and we bought 2 shares of LTC Properties @37,0872 USD. This will increase our 2020 dividend income approximately by 1,09 €. We bought 1 share of Iron Mountain @30,2091 USD. This will increase our 2020 dividend income 0,44 €. 

In September we have collected 135,16 € dividends. We will fall behind the target this month. Also Nordea annouced that it will not pay dividends this year, and board will make decision of 2019 dividend payment in January 2021. This was our last hope to reach 2020 target. Now it is certain that we will not reach the target of 5300 €. We probably end up to 5000 €, which is still better than dividends received in 2019.