last full week of September

Last week we forgot to report one dividend payment. Lets add it here first. On last week's Friday we received 3,54 € dividends from Dominion energy after taxes and fees deducted.

In this week we received 40,04 € dividends from BlackRock Inc after taxes and fees deducted. HSBC and Saratoga Investment Corp paid their dividend on 26th September but because we are DRIPing those we do not yet see these on our portfolio. Usually DRIPs have taken up to one week before we can see the dividends. Of course we could calculate it but we have been reporting them based on what we can see on our accounts.

This week we bought 230 shares of Monmouth Real Estate Investmen Corp @14,26 USD.

We are now missing 372,88 € of our this years' target, and we have accumulated 90,42% so far. Last quarter is about to start and that has traditionally been worst quarter for us. Still we are very confident that we will reach our target with flying colours.

Third week of September

Our week started with usual mid-month dividends. On 16th of September we received dividends from two Canadian companies and one US company. From  Dream Global Reit we received 9,92 CAD dividends after taxes deducted. This is approximately 6,80 €. From Inter Pipeline Ltd we received 34,46 CAD after taxes, which is approximately 23,62 €. From Duke Energy we received 8,53 € after the taxes and fees deducted.

We also invested most of our Canadian dollars on 16th of September. We decided to buy Methanex Corp shares. We bought  65 shares @51,70 CAD. Now almost all our Canadian dollars are spent.

On 17th September we decided to buy 100 shares of Leggett & Platt Inc @ 41,82 USD.

On 18th we received 20,37 € from Main Street Capital after taxes and fees deducted.

Rest of the week was quiet. 

Now we have accumulated 89,30 % of our this year's target, 3476,32 / 3892,78 €.

Second week of September

On the second week of September we bought a bit more shares and received few dividends. Our week started with dividends on 10th September from Johnson & Johnson which is one of our recent purchases. These were our first dividends from Johnson & Johnson. We received 3,64 € after taxes and fees deducted. 

On 11th of September we reinvested money received from dividends and sale of Gladstone. We bought 10 shares of Iron Mountain Inc @33,80 USD. We also increased positions in the energy sector in our portfolio by buying 300 shares of Transalta Renewables Inc @13.30 CAD. We also bought 200 shares of Taaleri @7,38 € and 10 shares of Abbvie Inc  @69,17 USD.

Our week ended with dividends from three of our positions. From Whitestone REIT we received 50.06 € after taxes and fees deducted and from Realty Income we received 17,05 € after taxes and fees deducted. From Exchange Income Corp we received 16,15 CAD dividends after taxes. This is approximately 11 €.

Our this week's income was 115,70 € after taxes and fees deducted. This raises our this year's passive income to 3417 €. Now our passive income is 51.8% higher than last year at the same period. We still have some dividends to come this month so the percentage will rise slightly. We have now accumulated 88,65% of our this year's target.

First week of September

First week of September was pretty busy as we decided to work with our portfolio a bit. Since we reorganized our loans earlier this year we now have little extra money for investments every month.

As in every month, we had our installment of investment loan. We paid back 213 € of capital and 7,95 € interests and fees.

On 3rd of September we received 32,33 CAD dividends from  Canadian Utilities which is approximately 22,10 €.

We finalised sale of some of our fixed assets and got some cash for investments. We opened few new positions and entered to new market this week. On 3rd of September we closed our Gladstone Capital Corporation position. We realized 134,99 € profit. The reason for closing the position was that stock price has risen too high.  We increased our position in BlackRock by 3 shares @414 USD and 10 shares @415 USD. We also increased our position at Saratoga Investment Corp by 50 shares  @25,09 USD.

On 4th of September we bought 2200 shares of Clime Capital @0,94 AUD and 100 shares of National Australia Bank Ltd.

On 5th of September we bought 100 shares of Cardinal Health @44,85 USD and 80 shares of Washington H. Soul Pattinson @20,80 AUD and we received interest income 0,22 CAD which is approximately 0,15 €.

On Friday we received 11,70€ dividends from Southern Co after taxes and fees deducted.

Our this week's passive income was 33,95 €.We only need to receive 557,53 € to reach this year's target. It seems that we will beat our estimate by 16%.

Last week of August

Last week of August was very quiet as we expected. We received our usual end month dividends, nothing else. From LTC Properties we received  7,17€ after taxes and fees and from Gladstone Capital Corp we received 4,74€ after taxes and fees deducted.

We find it very hard to find good stocks to buy with decent valuation. In our portfolio every stock which we would like to increase our holdings is at least 20% more expensive than our average price. We opened new position on Friday. 3 shares of Blackrock Inc @422,05 USD. We are still looking forward to make at least one buy next week. We are not sure yet if we are going to increase some of our holdings or buy something new.

In August we received 51% more passive income than last year's August. After the 8th month of the year we have accumulated 84,81% of our this year's target by collecting total of 3301,30 € worth of dividends.

3rd Week of August

Not much happened this week. We received dividends only from Main Street Capital. On Wednesday we received 20,32 € after taxes and fees.

Next week will be quiet too and then the last month of quarter starts after that. We have to make transaction on one of our portfolios to avoid bank fees for the next quarter. We planned to make a bit larger investment this time than just reinvest the dividends accrued in that portfolio. To finance the purchase we reduced our housing loan payment for next month by 1000 €. We still have a little more than 27 000 € allowance left to reduce our housing loan payments. If we pay back more, the allowance increases until agreed limit is reached. We planned to invest around 1200€ in first week of September.

Now we have accumulated 84,50% of our this year's target and we have increased our passive income by 55,32% YOY.

2nd week of August

This week was pretty good. We received a good amount of dividends this week. Week's first dividend payer was Whitestone. From Whitestone Reit we received  49,49 € after taxes and fees on 13th of August. On 14th of August we received excess cash dividends from Vodafone. After the DRIP we had remainder of 35 shares, which means that we received 1,40 € after fees deducted. Then  on the 15th of August we received a lot of dividends. Actually from six companies. From Dream Global Reit we received 9,92 CAD after taxes, which is approximately 6,68 €. From Exchange Income we received 15,51 CAD after taxes which is approximately 10,45 € and from Inter Pipeline Ltd we received 36,46 CAD after taxes which is approximately 24,56 €. On the same day some of our US investments paid dividends too. From Realty Income we received 16,91 € after taxes and fees. From Senior Housing Properties Trust we received 22,41 € after taxes and fees. And week's last dividend was from Omega Healthcare Investors Inc. We received 49,29€ after taxes and fees.

Our this week's dividend income was 181,19 € raising our this month's dividends to 424,67€. In this week we exceeded our last year's August dividend income and last year's passive income. Our year over year passive income has improved by 54,36%.  Now we have accumulated 83,98% of our this year's target. We still need to receive 623,70 € passive income to reach the target. After quick calculation we will exceed our estimation  clearly although there has been some dividend cuts in our portfolio.

The 1st week of August

Our week started with interest income. We received 14,13 CAD interests from previous month. This is approximately 9,55 €. We also opened new position on Saratoga investment. We bought 50 shares @24,70 with fees included at purchase price.

On 8th of August we received 10 € dividends from Nokia. Normally taxes are deducted automatically, but this was not the case this time. So we have to pay it later by ourselves when final taxation calculation is ready.

On 9th of August we received DRIP shares from Vodafone. We received 22 shares @149,09 GBX. This is approximately 34,95€. We will get cash portion of dividends later. Cash portion will be a few cents.

Sampo paid additional dividends by giving  Nordea shares to owners. We received 8 shares @5,677. So we received 45,42€ additional dividends from Sampo. We were expecting these to arrive at 12th of August.

Now we have accumulated 79,70% of our this years target and we are 790,32 € away from target.

It seems that August's dividends will be higher than last year's August dividends were.

Last week of July

As a month turns to August we again paid back some of our investment loan. We paid back 213 € of capital and 8,10 € of interest and fees. We also withdrew 1908,06 from one fund and paid heavy taxes on that. The taxes will be adjusted to correct level at the end of the year. We received net 1266,95 € from that fund. We used this money to finalise our "debt restructuring program". Now all our remaining loans have interest rate less than 0,9 %, and monthly free cashflow raised by 645 €.  What we actually did? We renegotiated the terms of our housing loan and paid back in full our car financing plans. We paid back both car financing plans two years in advance. This operation saved us additional 500 € in fees and interests. There is no real costs of paying plans in advance.  The reason was that the monthly fees started to be more than interests.

And now the income part.  On the 31st of July we received dividends from two companies. From LTC properties we received 7,09 € after taxes and fees and from Gladstone Capital Corp. we received 5,05 € after taxes and fees. On 1st of August we also received dividends from two companies, AT&T and Verizon. From AT&T we received 99,97 € after taxes and fees and from Verizon Communications Inc. we received 45,29 € dividends.

So weekly dividends were 154,95 € which is 4th best week so far this year.

Now we have accumulated 77,13% of our this year's target, 3002,54 € of 3892,78 €. So we are missing 890,24 €

Month by month comparison looks like this:

4th week of July

We thought that there would not be much to write this week because we did not expect any dividends. We were wrong.

On 24th of July we received 20,20 € dividends from Main Street Capital after taxes and fees deducted. Next day we received 50,04 € dividends from Ocean Yield ASA after taxes and fees. Ocean Yield is still on our "sell" list. Now Kingdom of Norway owns us approximately 18 €. Ocean yield dividends may be cut down by 21,5 % in Q1/2020 as indicated by the company itself.

Since we did not expect any dividends in this week we prepared comparison of passive income to previous year.  This year we have accumulated 56% more passive income than last year during the same period. The only month we fell behind from previous year was March, and explanation is simple. One company moved its yearly dividend payment from March to April.

At the moment we have accumulated 73,15 % of our this year's target. We are 1045,19 € short of our target.