First week of February 2021

This week was time to pay back some of our investment loans. We paid back 501,32 € principal and 24,34 € interests and fees. 

Nordea annouced that it will pay 0,79 € dividends in 2021. 0,40 from 2019 and 0,39 from 2020. The dividends are paid in two parts, first maximum allowed 0,07 € this spring and remaining 0,72 € after the ECB restritions have been removed. This will increase our 2021 forward dividends by 734,51 €.

We made following purchases:

• 30 shares of Cibus Nordic Real Estate @168,064 SEK
• 60 shares of Canadian Utilities @32,3333 CAD
• 25 and 35 shares of Tesco PLC @2,47066 £ and @2,46248 £

  These purchases increase our expected dividend income 2021 approximately by

• 21,68 € from Cibus
• 55,63 € from CU
• 36,89 € from Tesco 

So this week's activity increased our this year estimation by 848,71 €

Dividendwise this week was pretty dull but good. We received following dividends:

• 160,13 € from AT&T
• 44,06 € from Verizon
• 1,79 € from British American Tobacco
• 3,97 € from remainders from Main Street Capital DRIP

So total amount of passive income in first week of February was 209,95 €. Our prediction shows now that we should receive 6763 € in 2021, which is 463 € more than our target. Of course there is always room for suprises so we cannot to rest on our laurels. We will continue to build future income further.