Corona-virus fears hit the market

This week has eaten significant amount of value from our portfolio, but we are not panicking. Instead we increased our positions in last week of February. Dividend-wise the month was good. We increased our dividend income by 28,66% compared to last year February.

Last week we missed that  Coca Cola announced 1 cnt dividend increase. This will increase our yearly income by 2 €.

On Monday we bought 130 shares of Apple Hospitality REIT @14,73 USD. This will increase our this year's dividend income approximately by 100 €.

On Friday we bought 1 share of Johnson & Johnson @133,20 USD and 13 shares of PepsiCo @132,06 USD. The Johnson & Johnson buy will increase our dividend income approximately by 2,10 € and PepsiCo by 28,80€

This week we received dividends from three companies.

• From Ocean Yield ASA we received 52,18 € after taxes and fees deducted
• From LTC Properties we received 10,25 € after taxes and fees deducted
• From Transalta Renewables we received 19,97 CAD after taxes. This is around 13,51 €. 

So total amount of dividends from last week was 75,94 €.

These raised our February dividends to 581,11 € which is better than needed for reaching the goal we set. Total amount of passive income is now 944,92€, which is 60,92 € more than target pace.

3rd week of February

3rd week was a quiet week. We received dividends from one company, sold one position and increased another.

On 20th of February we increased our position at Dominion Energy by 7 shares @87,99. This will increase our this year net dividend income approximately by 20 €.  We sold our position of Five Star Senior Living Inc @5,19. This does not have any effect on our dividend income since company has stated that it will not pay dividends in foreseen future. Price for these shares was 4,81 when we received them so we made nice 10% profit by holding these for one month. We had 14 shares. We do not count these profits to our passive income.

On the same day we received  23,55 € dividends from Diversified Healthcare Trust after taxes and fees deducted.

Now we have accumulated  868,98 passive income, and we are nearly on track. By the end of the month we should have collected 884€ to meet our target. We are still expecting to receive around 70 € next week so we will get on track.

2nd week of February

We had a good week as usual in middle of the month.Finally Saratoga and Vodafone dividends arrived.

On Wednesday we received 2 shares of Saratoga Investment Corp as a DRIP @25,48 USD, and we paid 2,18 € taxes. The excess cash dividend went to taxes. Dividend amounted to 43,89 € after taxes and fees deducted.

On Thursday we received 23 shares of Vodafone @1,5636 £. We also received 0,41€ cash dividends from Vodafone. Our total dividend income from Vodafone was approximately 43,55 after fees deducted.

This week we received cash dividends from following companies:

• 13th Feb Whitestone REIT 51,84 €
• 14th Feb Abbvie Inc. 9,22 €
• 14th Feb Omega Healthcare Investors Inc 52,38 €
• 14th Feb Main Street Capital Corp. 21,15 €
• 14th Feb Realty Income Corp. 18,17 €
• 14th Feb Exchange Income Corp. 16,15 CAD which is 11,23 €
• 14th Feb Inter Pipeline Ltd. 36,46 CAD which is 25,35 €

Our this week's dividend income was 276,78 €.

In February we have now accumulated 481,62 € passive income, which is more than needed to meet this year's target, and more than we accumulated in February last year. So we reduced the gap which January left us. Now we are 38,57 € behind the pace needed to meet our target. By the end of the month we will be ahead.

 

First week of February

New month started and we had our investment loan payment day. We paid 213 € principal and 6,07 € interests and fees. As we renegotiated our investment loan terms in beginning of January we actually have already paid this month interests.

On Monday we received  99,55 € dividends from AT&T after taxes and fees deducted and 47,10 € dividends from Verizon.

We increased our position at AT&T by 5 shares @37,08 USD, LTC Properties by 20 shares @46,76 USD  and Johnson & Johnson by 5 shares @149,86 USD.  These will increase our net dividend income estimately by 56,49 € for 2020.

On Wednesday we received 1,17 CAD interest income, which is approximately 0,80 €. Also we received 57,39 € dividends from MSC Industrial Direct after taxes and fees deducted.

Again our bank failed to transfer dividends to us, this time from Saratoga Investment Corp and Vodafone. We are expecting the dividends to arrive asap or we have to complain again. We are a bit tired of constant failures of the bank.

In February we have accumulated 204,84 € passive income, and we need to get 520,19 € to stay in pace to reach our target. Most likely we will not accumulate quite that much, but we will narrow the gap a bit caused by low income in January.

End of the January

Dividend-wise the week was pretty quiet. We received dividends only on Friday. From LTC Properties we received 7,30 € after taxes and fees deducted and from Transalta Renewables Inc we received 19,97 CAD after taxes deducted. This is approximately 13,67 €.

On Wednesday we increased our position at ExxonMobil Corp by 10 shares @64,55. Now our position is 20 shares. This purchase will increase our dividends by another 26,33 €.

Some of our holdings announced dividend increase during this week.

Telia announced 3,8% increase to yearly dividend. New dividend is 2,45 Swedish kronor. This will increase our yearly dividend income approximately by 4,39 €.

Blackrock Inc annouced 10% increase to quarterly dividend to 3,63 USD. This will increase our yearly dividend income approximately by 14,25 €.

Kone announced 0,05 € increase to yearly dividend. This will increase our yearly dividend income by 2,61€.

We are pretty pleased of our January's outcome, although we are not in pace that is needed for our target. We expected this month to be significantly worse, but extra dividend from Diversied Healthcare Reit made month better. January dividends increased by 191,68% compared to last year. We still need to work to increase January, July and October dividends significantly in the future. Our January passive income was 363,81 €. As we need to get 442 €/month to reach our target, we are now 78,19 € behind.