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.