Saturday, March 6, 2021

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.





 



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