Fourth week of March

This week we got some good news. Apple Hospitality Reit resumed dividend payments. The dividend per share are only 0,01 USD, but still it's better than nothing. This will increase our expected dividends in 2021 approximately by 8,35 €. 

We reinvested some dividends and bought 1 share of Fortum @22,78 €. This purchase will increase our 2021 dividend income by 1,12 €. So we were able to increase our dividend income only by 9,47 € this week. We are a bit short of investing cash this time of month. However, we have been able to increase our passive income every week this year. 

We received following dividends:

• 5,39 € from Dominion Energy
• 0,96 € from Stellantis
• 47,06 € from Blackrock Inc
  

Stellantis dividend was not in our predictions. Our dividend income in March is now 644,66 € and 2021 1535,46. We should have received 1575 € at the end of this month to be on track for our 2021 target. Currently we are 39,54 € behind but we are still expecting to receive around 45 € dividends this month. There is a chance that we catch up what we are behind. 

 

Third week of March 2021

This week we finalized restructuring of our Finnish holdings in order to minimize the taxes. We bought back the Kone shares, which we sold last week, to this tax advantaged account as we still want to keep them. We did not buy Outokumpu back but instead we reinvested that money to Sampo. We bought 56 shares of Sampo @37,45286  €. This purchase will increase our 2021 dividend income by 95,2 € since we do not need to pay taxes of dividends paid by Finnish companies and received to tax advantaged account until we withdraw the money out. 

We received some news regarding our positions. Realty Income announced yet another dividend increase by 0,0005 USD. This increase is marginal but we are glad of every cent what we receive. This will increase our 2021 dividend income by 0,40 €. This week we have increased our annual dividends by 95,73 €. We try to increase our annual dividends every week, and we have been able to do it so far. 

This week we received following dividends:

• 6,86 € from Inter Pipeline
• 10,83 € from Exchange Income
• 29,42 € from Monmouth Real Estate Investment Corp
• 20,82 € from Realty Income
  
• 1,45 € from Main Street Capital
• 1 share from Main Street Capital as a DRIP worth of 32,09 €*
• 43,97 € from Manulife Financial

*Main Street Capital DRIP worth is estimation based on stock price on the moment we noticed the stock in our portfolio. We haven't received the actual price and remainders yet. We will set the numbers right next week when we receive the actual price of the share and remainder dividends. 

Total dividend income this week was 145,44 € and for March 591,69. We met the mothly target first time this year! And we narrowed the gap what we are behind. Now we are 92,51 € behind the pace we should be at. We are expecting to receive yet approximately 100€ this month. This would mean that we will catch up our target pace. 

 

 

Second week of March 2021

We had a busy week. We are doing a little reorganization with our holdings and we sold our Kone positions and Outokumpu positions. Next week we will buy Kone stocks back to another portfolio. We will not buy Outokumpu back. Outokumpu was our oldest position and we kept it a little too long. 

We increased our position in Sampo by 15 shares @37,87533 €. This purchase will increase our 2021 dividend income by 25,5 €. 

We received following dividends:

• 15,50 € from Southern Company
• 27,38 € from Johnson & Johnson
  
• 22 shares of Tesco as a DRIP, worth of 59,53 €
• 0,58 € remainders from Tesco DRIP
  
• 16,75 € from ExxonMobil 
• 117,34 from Kone Oyj
  
• 17,94 € from Whitestone REIT

Total dividend income was 255,02 € which is quite nice. Our March 2021 dividends are now 377,66 €. Dividendwise March has been pretty good so far. 

First week of March 2021

Our month started with investment loan payments. We paid back 503,09 € principal and 22,52 € interests and fees. The effective interest rate of our investment loans is currently approximately 1,26%, which is decent in our opinion. Our investment loan raises our ROE by 0,6% after taxes.

We did some restructuring in our portfolios and sold and bought back some Finnish stocks between portfolios. Due to price changes we lost 3 shares of Nordea and 27 shares of Taaleri in this operation. We will buy back those shares later. This rearrangement will raise our net dividend income approximately by 150 € in 2021. 

We bought 96 shares of Telus @20,34208 USD. This purchase will increase our 2021 dividends approximately by 48,75 €. We also reinvested some dividends and bought 2 shares of Sampo @37,49 € and 1 British American Tobacco @25,95488 GBP. These will increase our 2021 dividends approximately 4,4 €. We also bought 2 shares of Genuine Parts. This will increase our 2021 dividends approximately 3,40 €.

We received all dividends of the week on Monday:

• 66,44 € from Nordea
• 48,72 € from Canadian Utilities
• 7,48 € from Cibus Nordic 

Our total dividend income in first week of March was 122,64 €.

We made summary of how our 2021 forward dividend income changed weekly by purchases or dividend increases:

So we have managed to increase our income every week.

 

Last week of February 2021

Last week was a disapointment. We did receive most of dividends and made small purchase, but our bank failed to deliver some dividends to us. Because of that we did not reach the target and this month was weaker than February a year ago. 

This week Keurig Dr Pepper announced 25% dividend increase. This hike will increase our 2021 dividend income approximately by 1,40 €. This was 11th dividend increase in our portfolio in 2021. 

We bought 5 shares of Whitestone REIT @9,5344 USD. This will increase our dividend income approximately by 1,25 € in 2021.

During the last week of February 2021 we received following dividends:

• 20,50 € from Realty Income Corp
  
• 1 share of Main Street Capital worth of 28,18 €
• 2,58 € as a remainder of DRIP of Main Street Capital
  
• 13,81 € from Royal Bank of Canada
  
• 13,03 € from Ocean Yield ASA
• 13,26 € from LTC Properties
• 13,02 € Transalta Renewables
• 0,25 € from Gladstone Commercial REIT
• 0,29 € from Gladstone Investmen Corp BDC

Our bank failed to deliver dividends from Tesco and Cibus on time. We are expecting them to arrive next week. Because of these delays we did not reach our target in February. 

We received total of 497,38 € passive income in February and now we have collected 890,80 € in 2021. We should have collected 1050 € to reach target so we are lagging 159,20 € behind. This would mean that we should collect 541 €/month rest of the year to reach target. We are also behind the pace what we had in 2020. At the same time last year we had collected 944,92 € passive income. 

Third week of February 2021

Third week passed. Unfortunately we did not receive all the dividends we expected but week was ok anyway.

Coca-Cola announced dividend increase. The increase was 0.04 USD to annual dividend. This means approximately 1,82 € increase to our 2021 dividends. 

We received dividends from following companies:

• 19,97 € from Abbvie
• 1,43 € from Main Street Capital
• 10,50 € from Exchange Income
  
• 6,65 € from Inter Pipeline 
• 46,80 € from Omega Healthcare Investors
• 2 shares of Saratoga Investment worth of 36,16 €
• -4,14 € for withheld taxes from Saratoga Investment
• 1,40 € from Diversified Healthcare Trust

Our bank failed to deliver Realty Income dividends on time to our bank account. There are still problems with our bank but they seem to be a bit less frequent than last year. We are also waiting Main Street Capital DRIP to be sorted. 

We have now collected 392,46 € capital income in February and we expect to receive around 220 € next week.

Second week of February

This was a very quiet week. We really need to strenghten our portfolio so that we will receive some dividends between days 3 and 10 of the month. There is a small chance that we do not receive any dividends on week 2 if month starts at certain weekday. We do have a few candidates, but we are still investigating them. 

However there were some news related to our portfolio. 

Sampo annouced proposition for 1,70 € dividend for AGM. This means 13,3 % increase in annual dividend. If AGM approves this (very likely) our forward dividends will increase by 22,35 €. 

Pepsico annouced dividend increase by 5%. Announcement will increase forward dividends in 2021 approximately by 2 €. This is better than nothing, and better yet, we did not need to add more money to increase our dividend income! Dividend icreases are always welcome. 

Tesco had 19 to 15 reverse split.

Whitestone REIT announced dividend increase of 2,4%. This will increase our 2021 dividend income approximately by 3,66 €

We received following dividends on thursday and friday:

• 17,14 € from Whitestone REIT
• 29 shares of Vodafone, worth 44,68 €
• 1,16 € from Vodafone as remainders from DRIP

We also sold a tiny amont of our funds and moved them to investment account and we realised 0,76 € profit. The profit was decent 6,69 % for 2 month investment.  

Our February passive income so far is 273,69 €. Pace is decent.

First week of February 2021

This week was time to pay back some of our investment loans. We paid back 501,32 € principal and 24,34 € interests and fees. 

Nordea annouced that it will pay 0,79 € dividends in 2021. 0,40 from 2019 and 0,39 from 2020. The dividends are paid in two parts, first maximum allowed 0,07 € this spring and remaining 0,72 € after the ECB restritions have been removed. This will increase our 2021 forward dividends by 734,51 €.

We made following purchases:

• 30 shares of Cibus Nordic Real Estate @168,064 SEK
• 60 shares of Canadian Utilities @32,3333 CAD
• 25 and 35 shares of Tesco PLC @2,47066 £ and @2,46248 £

  These purchases increase our expected dividend income 2021 approximately by

• 21,68 € from Cibus
• 55,63 € from CU
• 36,89 € from Tesco 

So this week's activity increased our this year estimation by 848,71 €

Dividendwise this week was pretty dull but good. We received following dividends:

• 160,13 € from AT&T
• 44,06 € from Verizon
• 1,79 € from British American Tobacco
• 3,97 € from remainders from Main Street Capital DRIP

So total amount of passive income in first week of February was 209,95 €. Our prediction shows now that we should receive 6763 € in 2021, which is 463 € more than our target. Of course there is always room for suprises so we cannot to rest on our laurels. We will continue to build future income further. 

Last week of January 2021

Last week of January was pretty good. Kone annouced dividend proposition for the general meeting. Dividend will increase to 1,75 €/share from 1,70 € and Kone will pay special dividend of 0,50 €/share. If general meeting approves the dividend increase our 2021 net dividend income will increase by 28,68 €. 

We also bought 5 shares of  AT&T @29,0880 USD. This will increase our 2021 dividend income by 5,44 €. We bought 3 shares of Southern Co @59,2567 USD. This will increase our 2021 dividend income by 5,35 €. We also bought 4 shares of Gladstone Investment Corporation BDC @10,5343 USD. This purchase will increase our 2021 dividend income by 2,12 €. These purchases will increase our 2021 dividends totally by 12,91 €.  

This week we received following dividends:

• 0,09 € from Gladstone Investment Corporation BDC
• 0,25 € from Gladstone Commercial Reit
• 9,43 € from MSC Industrial Direct Co
• 13,30 € from LTC Properities
• 6,14 € from refunds from excess taxes witheld
• 1 share of Main Street Capital, worth of 27,45 €
• 16,33 € from Clime Capital
• 4,76 € from Cibus Nordic
• 12,87 € from Transalta Renewables

Our bank failed to deliver Main Street Capital remainder dividends. 

Total passive income in January was 394,19 €, which is better than we expected. We were able to increase our January dividend income by 8,4 % compared to January 2020. As our target pace is 525 €/month and we did not reach that in January we need to receive 536 €/month rest of the year.

3rd week of January 2021

Last week we forgot to report 43,91 € dividend from Spirit Realty Capital. This week was pretty quiet. We received few dividends, made one purchase and received some news regarding the dividends. 

We bought 10 shares of Stellantis @14,211 €. We do not expect this purchase to have any effect to our this year dividend income. 

This week BlackRock annouced a dividend increase. This will increase our 2021 dividend income approximately by 22 €. 

We received dividends from following companies:

• 24,85 € from Transcontinental Inc
• 26,34 € from Simon Property Group
• 2,81 € from Keurig Dr Pepper
• 1,43 € from Main Street Capital

Main Street Capital dividend should have arrived last week, but our bank failed to deliver it for us in time. We are waiting Main Street Capital DRIP to be sorted out next week. 

We have received 303,57 € passive income and we are expecting approximately 78 € dividends to arrive this month. Our total dividend income should be around 380 € in January, which is a bit more than last year. To meet our target we should collect 525 / month. Since we fall behind the target pace in January we have to collect 537 €/month for the rest of the year.