Fourth week of October 2022

Yet another week is behind. This week we received two dividend increases. ExxonMobil raised dividend by 0,03 USD. This will increase our 2023 dividend income approximately by 2,85 €. Also Abbvie raised dividends by 5% to 1,48 USD. Abbvie's increase will raise our income by 8,90 € in 2023. 

We made one small purchase with dividends received. We bought 9 shares of Pacific Premier Bancorp @34,55 USD. This purchase will increase our 2023 dividends approximately by 10 €. 

We received following dividends:

• 1 share of Main Street Capital worth 33,22 €
• 15,43 € as a remainder of Main Street Capital DRIP
• 4 shares of MidCap Financial Investment worth 42,84 €
• -5,75 € for taxes from MidCap Financial Investment DRIP
• 18,16 € from Clime Capital
• 6,27 € from Canadian Imperial Bank of Commerce

Total amount of dividends was 110,17 €. 

Third week of October 2022

This week was quiet dividendwise, but we had lots of activity since we are in middle of changing of broker. We moved all positions and cash from one broker to another. We can not close the account just yet since we have to wait accrued dividends to arrive. Last dividends arrive to old account on 15th November and after that we move rest of the money out and close the account. 

Dividend increases and purchases

Apple Hospitality increased monthly dividend by 0,01 USD. This will increase our 2023 income approximately by 13,5 €. 

This week we bought:

• 45 shares of Regency Centers Corp @54,77733 USD
• 4 shares of Canadian Imperial Bank of Commerce @60,29 USD
• 24 shares of Kesko A @ 438,26

We expect these purchases to increase our 2023 dividend income approximately by 131 €. 

Dividends received:

• 12,93 € from Tele2
• 1,04 € from Orion Office Reit
• 7,93 € from Apple Hopitality Reit
• 43,10 € from Cardinal Health inc
• 17,21 € from Brandywine Realty Trust
• 5,84 € from Independence Realty Trust

So we received total of 88,05 € dividends this week. We also received 1 share of Main street capital from drip, but since we don't know the price of the share yet we will report MAIN dividends next week when remainders are paid and taxes deducted from our account. 

Second week of October 2022

Second week in October 2022 was a pretty ordinary mid-month week. We received about half of the mid-month dividends. 

Dividend increases

MSC Industrial Supply announced 5% increase in dividends. This increase will mean 2,45 € more dividends in 2023. Also Gladstone Investment announced 0,005 USD dividend increase in monthly dividends. This would mean only 0.51 € increase as our position is very small. Even though both positions are small, we are happy to receive these increases. In addition to dividend increase Gladstone Investment will pay additional dividend in December. 

This week we made only one small reinvestment and bought 2 shares of Kemira @11,90 €. Actually we are currently in process of changing one broker to cheaper one before new higher fees take effect. 

We received following dividends:

• 25,26 € from Whitestone REIT
• 32,15 € from Main Street Capital
• 5,36 € from Keurig DrPepper
• 18,88 € from Exchange Income
• 26,82 € from Realty Income
• 48,69 € from Algonquin Power & Utilities
• 53,29 € from Leggett & Platt
• 57,59 € from Spirit Realty Trust

Total amount of dividends received this week was 268,04. In order to meet next year's target every week should be like this one.

 

 

First week of October 2022

First week of October was pretty ordinary. We received some dividends and reinvested part of them by purchasing 5 shares of Kemira @11.988 €. 

We received following dividends:

• 36,80 € from Iron Mountain
• 6,12 € from Genuine Parts
• 25,21 € from Coca-Cola
• 7,34 € from Cibus Nordic
• 18,86 € from Pepsico
• 21,86 € from Telus Corporation
• 2 shares of Saratoga Investment DRIP worth 44,41 €
• 11,17 € as a remainder of Saratoga Investment DRIP

Total amount of dividends received on first week was 172,17 €. A decent start for the month. 

End of Q3/2022

Third quarter is over. Although last month felt awful regarding the development of stock prices we managed to get positive progress in values of our portfolio. Of course a lot of this is explained by reinvestment of dividends and new money put on portfolio. Cash fell a little bit from last quarter. Investment funds decreased significantly since we moved some money to shares. Amount in shares grew a bit and investment loan decreased a bit faster than the plan is.

Investment portfolio

Asset class	1st Oct 21	31st Dec 21	31st Mar 22	30th Jun 22	30th Sep 22
Cash	3 079,84 €	6 396,97 €	7 107,92 €	6 761,52 €	6 443,06 €
Investment funds	9 829,82 €	9 834,18 €	9 831,25 €	11 267,08 €	9 458,8 €
Coop memberships	1 500 €	1 500 €	1 500 €	1 500 €	1 500 €
Shares	211 134,20 €	227 828,13 €	241 359,58 €	233 072,96 €	237 740,19 €
Gross investment portfolio	225 543,86 €	245 559,28 €	259 799,02 €	252 610,56 €	255 142,05 €
Investment loan	18 489,23 €	16 990,76 €	14 225,10 €	13 365,98 €	12 446,07 €
Net investment portfolio	207 054,63 €	228 568,52 €	245 573,92 €	239 244,58 €	242 695,98 €

This week we purchased 1 share of Sampo @44,42 €. We estimate this to increase our 2023 dividends by 2,68 €.  We also bought 30 shares of Kesko A @18,32833 € which should increase our 2023 income by 22,35 €. We have now bought 5% of our long term target of Kesko A. We will keep buying Kesko now and then for long time if price is right. 

This week we received following dividends:

• 16,42 € from LTC Properties
• 0,65 € from Gladstone Investment Corporation BDC
• 18,20 € from Gladstone Commercial Reit
• 4,56 € from Main Street Capital
• 21,88 € from AGL Energy
• 24,16 € from Gilead Sciences
• 9,55 € from Cohen & Steers Infrastructure Fund
• 9,87 € from Methanex
• 11,12 € from A&W Revenue Royalties
• 14,85 € from Transalta Renewables
• 20,00 € from Citycon
• 20,18 € from HSBC Holdings
• 23,08 € from Brookfield Infrastructure
• 29,82 € from Alpine Income Property Trust
• 44,03 € from Simon Property Group

This week's dividend income was 268,37 which is really good. September was our 3rd best month dividendwise this year even though our bank failed to deliver some of the month end dividends on time.  We ended up receiving 977,73 € in September and we would have reach the magical 1000 € in dividends if bank hadn't failed.