Sunday, July 24, 2022

3rd week of July 2022

This week we had a nice suprise when we received one DRIP on Friday, earlier than expected. 

We sold our position in Carrefour S.A because we do not have interests in increasing French companies in our portfolio. France withholds too much taxes from dividends and the excess amount should be reclaimed back from the French tax authorities after the year is over.  Requesting the taxes back is quite cumbersome as the application cannot be filed electronically. Sending the documents by mail is not free and receiving money order from french authorities costs a few euros. Therefore it is not economically beneficial to reclaim if the excess taxes are small. Instead of increasing positions in France, we decided to close this position and reallocate money somewhere else. 

We sold 60 shares of Carrefour S.A. @16,84166 and realised 1,7 € profit. We have received 44,57 € dividends from Carrefour so investment returned us 3,9 % p.a. 

We bought 1 share of Sampo @40,75 €. This will not increase our 2022 dividend income. 

We received following dividends:

  • 16,41 € from Brandywine Realty Trust
  • 1 share of Main Street Capital as a DRIP worth 39,61 €
  • 3 shares of Apollo Investment Corp as a DRIP worth 38,53 €
  • 6,49 € as a remainder from Main Street Capital drip
  • 5,34 € as a remainder from Apollo Investment Corp
  • 5,61 € from Independence Realty Trust

The tax from Apollo Investment corp DRIP hasn't yet been deducted. That will most probably happen on Monday.  

Total amount of dividends this week was 111,99 €, which includes also the tax of the Apollo's DRIP. We will correct that when we know the exact amount in euros. The week was ok. We will most likely meet our monthly target of 725 € this month. 






 


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