Sunday, July 10, 2022

First week of July 2022

Month started quietly. We received some dividends and we made two purchases, one from Australia.

The reason is that we are not so keen to increase our Australian holdings that Australian companies usually pay dividends only twice a year. Therefore our Australian portfolio has remained unchanged for a long time. We had some Australian dollars sitting idle at our account so we spent some time trying to find a new company from Australia. After screening the companies we ended up to two possible candidates. We compared these two companies and selected CSR Limited. The dividend yield is lower than in the company we did not choose but we expect that CSR to have better outlook than the other company. The other company had bad outlook regarding the future revenues. Thus we selected CSR as being a bit less risky investment. Now we have two Australian construction sector company in our portfolio. 

We purchased 470 shares of CSR Limited @4,10128 AUD. We are expecting to receive interim dividend in December from CSR. We expect receiving interim dividend of around 40 €. We also increased our position in Kesko by 23 shares @21,00783. This purchase will increase our 2022 dividends by 12,19 €. 

We only received following dividends:

  • 21,09 € from Telus
  • 48,17 € from National Australia Bank
  • 35,67 € from Iron Mountain

Total amount of dividends was 104,93 €. The amount is a bit on the low side but still fair. 






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