Merry Christmas 2021

Week before Christmas was pretty quiet. Our bank failed to deliver Blackrock dividends on time so we are expecting them to arrive next Monday.

This week we bought 2 more shares of Sampo @43,64 €. 

We received following dividends:

• 9,49 € from Dominion Energy
• 53,06 € from Manulife Financial Corp
• 1 share of Main Street Capital, worth of 37,49 €
• -1,99 € witheld taxes from Main Street Capital DRIP

Total amount of dividend this week was 98,05 €. This year we only had 3 months when we did not reach our monthly target as we went above 525 € on December. 

 

3rd week of December 2021

This week was pretty good as mid-month weeks usually are. We received good amount of dividends and made one purchase.

This week Realty Income announced yet another dividend increase. As usual the increase was very small, but even the small increase is an increase. This dividend increase will raise our 2022 income approximately by 0,54 €. 

We bought 2 shares of Sampo @44,125 €. This purchase will improve our 2022 income approximately by 5,51 € since we bought these to non-tax advantaged account. 

 This week we received following dividends:

• 19,53 € from Whitestone Reit
• 20,84 € Coca-Cola
• 4,10 € from Main Street Capital
• 0,50 € from Trainer's House
• 0,67 € from Gladstone Investment Corporation BDC
• 18,15 € from Washington H. Soul Pattinson
• 42,34 € from National Australia Bank 
• 11,15 € from Exchange Income
• 23,12 € from Realty Income
• 73,90 € from Duke Energy

So this week's dividend income was 214,30 €, which is really good. So far our December income is 437,86 €. 

 

2nd week of December 2021

This week was a pretty quiet week. We received few dividends and made few purchases. 

We bought 52 shares of Sampo @44,50404 €. We are expecting to receive total of 3,70 € /share dividends from Sampo so this would increase our 2022 dividend income approximately by 180 €. Some of the shares are in tax advantaged account and some are in regular account. 

We received following dividends:

• 16,84 € from Southern Co
• 30,22 € from Johnson & Johnson
• 18,49 € from Exxon Mobil Corp
• 10,05 € from Walgreens Boots Alliance

Total amount of dividends was 75,60 € which is a bit low side. 

 

First week of December 2021

Month turned to December and it was again time to pay our investment loan payments. We paid back 495 € principal and 16,53 € fees and interests. 

We made few transactions this week:

• sold 4 shares of Cibus Nordic @245,124 SEK
• bought 19 shares of Main Street Capital @45,1943 USD

Also Royal Bank of Canada annouced dividend increase of 11%. This dividend increase means approximately 3 € increase to 2022 dividend income. 

Here is a summary of dividends received this week:

• 10,11 € from MSC Industrial Direct
• 14,23 € from LTC Properties
• 0,27 € from Cibus Nordic
• 0,28 € from Gladstone Commercial Reit
• 0,56 € from Gladstone Investment Corp BDC
• 1,34 € from Sabra Health Care Reit
• 8,01 € from Realty Income as a remainders of Orion spin-off. 
• 2,47 € from A&W Revenue Royalties 
• 8,28 € from Cohen & Steerns Infrastructure Fund
• 13,86 € from Transalta Renewables
• 51,54 € from Canadian Utilities
• 65,37 € from Enbridge Inc. 

Our total dividend income in November was 924,03 €. On first day of December we received 116,82 € dividends. 

Fourth week of November

This was a very quiet week in our portfolio. We made two purchases and received only 3 dividends. 

We had some AUDs sitting on our account and we wanted revinvest them. We bought 383 shares of AGL Energy @5,41611 AUD. We reinvested 375 AUD and rest was new money. If the level of dividends remains the same we expect to receive around 150 € dividends in 2022. We are a bit doubtful if they will keep the dividend payment so high. We also bought 37 shares of A&W Revenue Royalties Income Fund @40,92514 CAD. This purchase should increase our 2022 dividend income by 38,61 €.  

Our current estimation of the next year's dividends shows now that we will meet the set target. Of course there will always be suprises during the year (good and bad ones) so we have to work with next year's portfolio for a while to get some safety margin for suprises.

This week we received following dividends:

• 1 share from Main Street Capital DRIP worth of 40,50 €
• -5,04 taxes from Main Street Capital DRIP
• 28,96 € from Royal Bank of Canada
• 101,28 € from Brickworks 

Total amount of dividends this week was 165,70 € and in November 864,62 €. Total amount for year 2021 is now 7880,15 €. 

Third week of November 2021

This week was a bit more peaceful than last week.We did not make any transactions but we did receive some dividends. So there is not a lot to write about. 

This week we received following dividends:

• 34,63 € from Abbvie
• 4,07 € from Main Street Capital
• 11,29 € from Exchange Income
• 16,85 € from Waypoint Reit
• 22,09 € from Realty Income Corp
• 1,49 € from Diversified Healthcare Trust

Our total dividend income this week was 90,42 €. Total amount of dividends in November is now 698,90 €, which is more than expected. Of course the Realty merge + Orion Office Reit spin-off plays a major role in this. 

Second week of November 2021

This week was an interesting one. We received some dividends and then there were some corporate actions.And all this happened on Friday. First those corporate actions:

Waypoint REIT had reserve split 1 to 0,9382. It also returned capital to shareholders. Another intresting event was with Realty Income. Vereit and Realty Income merged and spinned offices to a new company called Orion Office Reit. 

Below is a summary of this week's passive income:

• 19,22 € from Whitestone Reit
• 16,35 € from British American Tobacco
• 1,38 € from Waypoint Reit split remaider
• 84,53 € from Waypoint Reit capital return
• 12 shares of Orion Office Reit from Realty Income, worth of 334,51€

Total amount of passive income this week was 455,99 €. Total amount of passive income this month is now at 555,94 €, which is a lot better than expected. Of course this is because of one time events which happened.

 

Last week of October and First week of November 2021

Last weekend we were not at home and that's why we did not update the blog. 

Here are some news regarding our portfolio:

• Manulife Financial will pay extra 0,05 CAD dividend at last dividend payment this year. This will increase our 2021 dividend income approximately by 7,70 €
• Main Street Capital increased the monthly dividend by 2,4%, This will increase our 2022 dividend income approximately by 10,95 €. 
• Main Street Capital will also pay 0,1 € extra dividend in December. This will increase our 2021 dividend income approximately by 18,20 €
• Simon Property Group increased dividend by 10%. This will add approximately 12,71 € to our 2022 dividend income 
  
• Abbvie increased dividend by 8,5%. This will add approximately 11,60 € to our 2022 dividend income
  

We made a few small purchases in this 2 weeks period:

• 4 shares of Sampo @46,4875 €
• 10 shares of Merus Power @8,939 €
• 50 shares of Trainer's House @0,8788 €

These purchases will increase our dividend income approximately by 7 €. 

During the last week of October we received following dividends:

• 13,80 € from LTC Properties
• 1 share of Main Street Capital, worth of 36,72 €
• -2,38 € taxes from Main Street Capital Drip
• 21,64 € from Clime Capital
• 2,39 € from A&W Revenue Royalties
• 8 € from Cohen & Steers Infrastructure Fund
• 13,87 € from Transalta Renewables
• 0,27 € from Gladstone Commercial Reit
• 0,27 € from Cibus Nordic
• 0,54 € from Gladstone Investment Corporation BDC

Total amount of dividends was 95,12 € in last week of October and 1466,21 € for whole month. 

On first week of November it was time to make our investment loan payments. We paid back 495 € principal and 16,98 € interests and fees. 

On the first week of November we received following dividends

• 10,15 € from Kemira
• 46,94 € from Verizon Communications
• 42,86 € from Telia

Total amount of dividends in November is now 99,95 €. 

Third week of October 2021

After a very busy week we had a quiet week. We did not make any transactions and only received few dividends. It was good to catch breath for a change. 

We received following dividends:

• 4 € from Main Street Capital
• 2 shares of Apollo Investment corp worth of 22,77 €
• 9,27 € as a remainder dividends from Apollo Investment
• 0,95 € from Apple Hospitality Reit
• 26,61 from Transcontinental Inc

Total amount of dividends was 63,60 €, which is pretty low. Our dividend income for October is now 1371,09 € and for this year 6920,41 €. Next week we expect to receive around 70 euros. This month is already all time record in received dividends. 

Target for 2021 reached

This week was our best week ever as anticipated. We received good amount of dividends and reinvested the money. We also reached our this year's target, so we wont track our progress against it anymore. We updated our graphs to show next year's target. We do have quite job ahead to meet the target.

This week we received following dividends:

• 923,23 € from Nordea
• 18,99 € from Whitestone REIT
• 33,97 € from Aktia Bank
• 3,69 € from Keurig DrPepper
• 11,26 € from Exchange Income
• 21,52 € from Realty Income
• 23,64 € from Algonquin Power & Utilities
• 35,82 € from Cardinal Health Inc
• 42,91 € from Leggett & Platt
• 46,77 € from Spirit Realty Capital

Total amount of dividends was 1161,80 €. If only we could receive this amout every week!

We made following transactions this week.

• bought 35 shares of Kemira @13,63229 €. This will increase our 2022 dividends by 15,12 €
• bought 5 shares of Capman @14,09 €. This will increase our 2022 dividends by 0,70 €
• bought 12 shares of Sampo @45,33917 € This will increase our 2022 dividends by 20,40 €

All the expected dividends are only our guesstimations.

For next year our indicative prediction shows that currently we are 720 € short from our goal. To increase our dividends without dividend increases would mean that we have to invest 20 000 - 30 000 € new capital to meet the target. 

 

 

First week of October 2021

As we wrote last week, another investment loan payment day was this week. We paid back 295,47 € principal and 14,53 € fees and interests. Othewise this week was pretty uneventful. 

We increased our position in Algonquin Power Utilities by 121 shares @18,62132 CAD. We estimate that this will increase our 2022 dividend income approximately by 46 €. 

We received following dividends:

• 31,67 € from Iron Mountain Inc
• 2 shares of Saratoga Investment worth of 46,06 €
• -3,41 taxes from Saratoga Investment DRIP
• 14,93 € from Pepsico

Total amount of dividends this week was  89,25 €, which is only a bit less than usual.So actual amount was decent even the number of events was low. Our accumulated dividends in October is now 145,65 €. 

Next week will be our all time best dividend week, because Nordea will pay 2 year's dividends.

 

End of the Q3/2021

Last quarter of the year 2021 has started and it is time to look backwards. Our portfolio grew well in Q3 despite the challenging last 1,5 months. Also we had a bit more cash left in investment portfolio than usual. Investment loans went down slightly faster than planned. For the last 2 years COOPS have had declining interest, and most of them do not pay interest at all anymore. That's why we are considering taking money out from them.

Investment portfolio

Asset class	1st Oct 20	31st Dec 20	1st Apr 21	1st Jul 21	1st Oct 21
Cash	596,23 €	1 174,52 €	494,25 €	1 519,58 €	3 079,84 €
Investment funds	10 383,21 €	10 342,75 €	10 331,28 €	9 828,76 €	9 829,82 €
Coop memberships	1 500 €	1 500 €	1 500 €	1 500 €	1 500 €
Shares	140 797,57 €	158 383,37 €	186 531,00€	197 263,20 €	211 134,20 €
Gross investment portfolio	151 777,01 €	171 400,64 €	198 856,53 €	210 111,54 €	225 543,86 €
Investment loan	24 525,88 €	23 023,01 €	21 015,97 €	20 010,80 €	18 489,23 €
Net investment portfolio	127 251,13 €	148 377,63 €	177 840,56 €	190 100,74 €	207 054,63 €

Another investment loan had its due day, and another one has it on next week. So this week we paid back 213 € principal and 2,37 € interests and fees. 

We made only one purchase this week. We bought 27 shares of  A&W Revenue Royalties Income Fund @37,50519 CAD. This purchase will increase our 2022 income approximately by 28 €.

This week we received following dividends:

• 13,87 € from LTC Properties
• 4,77 € from Genuine Parts Company
• 20,28 € from Coca-Cola
• 0,56 € from Capman
• 0,27 € from Gladstone Commercial Reit
• 0,27 € Cibus Nordic
• 0,51 € Gladstone Investment Corporation BDC
• 1 share from Main Street Capital worth of 35,25 €
• -2,11 € withheld taxes from Main Street Capital DRIP
• 0,15 € from Main Street Capital
• 17,04 € from Gilead Sciences Inc
• 24,85 € from Brookfield Infastructure
• 5,87 € from Methanex
• 13,50 € from Transalta Renewables Inc
• 20,00 € from Citycon
• 31,87 € from Simon Property Group
• 13,39 € from HSBC Holdings
• 17,81 € Telus Corporation 

The 0,15 € from Main Street Capital is dividend from August which our bank failed to transfer to our account on time. 

Total dividends in September were  631,92 €. And first day of October accumulated 56,40 € dividends. Our bank failed to deliver Pepsi and HSBC dividend on time. Dividend from Pepsi is still missing and HSBC came 1 day late.

3rd and 4th week of September

Last weekend was so hectic that we did not have time for our weekly update. During this two week period, we made a few transactions and received good amount of dividends. 

On 15th Realty Income annouced yet another dividend increase by 0,2%. This will increase our 2022 dividend income approximately by 5,35 €. 

Octopus Bidco made cash offer to buy Ocean Yield stocks at 41 NOK. As the largest owner has already accepted the offer, we reluctantly decided to jump off the wagon and realize the loss without waiting formal resolution.

We made following transactions:

• Bought 3 shares of Main Street Capital @40,7939 USD
• Bought 6 shares of Capman @3,02666 €
• Bought 3 shares of Sabra Healt Care Reit @15,7156 USD
• Sold 4 shares of Lumen Techologies @12,4987 USD realising loss of 4,81 €
• Sold 14 shares of Prospect Capital Corp @7,5834 USD realising loss of 4,33 €
• Bought 1 share of British American Tobacco @27,05618 £
• Sold 400 shares of Ocean Yield @40,94 NOK, realising loss of 1090,65 €
• Bought 28 shares of Nordea @10,78107 €

We received following dividends:

• 18,63 € from Whitestone Reit
• 5,92 € from Dominion Energy
• 47,75 € from BlackRock
• 10,76 € from Exchange Income
• 21,12 € from Realty Income
• 29,72 € from Monmouth Real Estate Investment Corp
• 70,71 € from Duke Energy
• 43,56 € from Manulife Financial Corp
• 0,21 € from Gladstone Investment Corp BDC
• 3,38 € from Main Street Capital
• 0,60 € from Prospect Capital Corp

Total dividends in this period were 256,36 €.