Fourth week of March

This week we got some good news. Apple Hospitality Reit resumed dividend payments. The dividend per share are only 0,01 USD, but still it's better than nothing. This will increase our expected dividends in 2021 approximately by 8,35 €. 

We reinvested some dividends and bought 1 share of Fortum @22,78 €. This purchase will increase our 2021 dividend income by 1,12 €. So we were able to increase our dividend income only by 9,47 € this week. We are a bit short of investing cash this time of month. However, we have been able to increase our passive income every week this year. 

We received following dividends:

• 5,39 € from Dominion Energy
• 0,96 € from Stellantis
• 47,06 € from Blackrock Inc
  

Stellantis dividend was not in our predictions. Our dividend income in March is now 644,66 € and 2021 1535,46. We should have received 1575 € at the end of this month to be on track for our 2021 target. Currently we are 39,54 € behind but we are still expecting to receive around 45 € dividends this month. There is a chance that we catch up what we are behind. 

 

Third week of March 2021

This week we finalized restructuring of our Finnish holdings in order to minimize the taxes. We bought back the Kone shares, which we sold last week, to this tax advantaged account as we still want to keep them. We did not buy Outokumpu back but instead we reinvested that money to Sampo. We bought 56 shares of Sampo @37,45286  €. This purchase will increase our 2021 dividend income by 95,2 € since we do not need to pay taxes of dividends paid by Finnish companies and received to tax advantaged account until we withdraw the money out. 

We received some news regarding our positions. Realty Income announced yet another dividend increase by 0,0005 USD. This increase is marginal but we are glad of every cent what we receive. This will increase our 2021 dividend income by 0,40 €. This week we have increased our annual dividends by 95,73 €. We try to increase our annual dividends every week, and we have been able to do it so far. 

This week we received following dividends:

• 6,86 € from Inter Pipeline
• 10,83 € from Exchange Income
• 29,42 € from Monmouth Real Estate Investment Corp
• 20,82 € from Realty Income
  
• 1,45 € from Main Street Capital
• 1 share from Main Street Capital as a DRIP worth of 32,09 €*
• 43,97 € from Manulife Financial

*Main Street Capital DRIP worth is estimation based on stock price on the moment we noticed the stock in our portfolio. We haven't received the actual price and remainders yet. We will set the numbers right next week when we receive the actual price of the share and remainder dividends. 

Total dividend income this week was 145,44 € and for March 591,69. We met the mothly target first time this year! And we narrowed the gap what we are behind. Now we are 92,51 € behind the pace we should be at. We are expecting to receive yet approximately 100€ this month. This would mean that we will catch up our target pace. 

 

 

Second week of March 2021

We had a busy week. We are doing a little reorganization with our holdings and we sold our Kone positions and Outokumpu positions. Next week we will buy Kone stocks back to another portfolio. We will not buy Outokumpu back. Outokumpu was our oldest position and we kept it a little too long. 

We increased our position in Sampo by 15 shares @37,87533 €. This purchase will increase our 2021 dividend income by 25,5 €. 

We received following dividends:

• 15,50 € from Southern Company
• 27,38 € from Johnson & Johnson
  
• 22 shares of Tesco as a DRIP, worth of 59,53 €
• 0,58 € remainders from Tesco DRIP
  
• 16,75 € from ExxonMobil 
• 117,34 from Kone Oyj
  
• 17,94 € from Whitestone REIT

Total dividend income was 255,02 € which is quite nice. Our March 2021 dividends are now 377,66 €. Dividendwise March has been pretty good so far. 

First week of March 2021

Our month started with investment loan payments. We paid back 503,09 € principal and 22,52 € interests and fees. The effective interest rate of our investment loans is currently approximately 1,26%, which is decent in our opinion. Our investment loan raises our ROE by 0,6% after taxes.

We did some restructuring in our portfolios and sold and bought back some Finnish stocks between portfolios. Due to price changes we lost 3 shares of Nordea and 27 shares of Taaleri in this operation. We will buy back those shares later. This rearrangement will raise our net dividend income approximately by 150 € in 2021. 

We bought 96 shares of Telus @20,34208 USD. This purchase will increase our 2021 dividends approximately by 48,75 €. We also reinvested some dividends and bought 2 shares of Sampo @37,49 € and 1 British American Tobacco @25,95488 GBP. These will increase our 2021 dividends approximately 4,4 €. We also bought 2 shares of Genuine Parts. This will increase our 2021 dividends approximately 3,40 €.

We received all dividends of the week on Monday:

• 66,44 € from Nordea
• 48,72 € from Canadian Utilities
• 7,48 € from Cibus Nordic 

Our total dividend income in first week of March was 122,64 €.

We made summary of how our 2021 forward dividend income changed weekly by purchases or dividend increases:

So we have managed to increase our income every week.