Third week of October 2021

After a very busy week we had a quiet week. We did not make any transactions and only received few dividends. It was good to catch breath for a change. 

We received following dividends:

• 4 € from Main Street Capital
• 2 shares of Apollo Investment corp worth of 22,77 €
• 9,27 € as a remainder dividends from Apollo Investment
• 0,95 € from Apple Hospitality Reit
• 26,61 from Transcontinental Inc

Total amount of dividends was 63,60 €, which is pretty low. Our dividend income for October is now 1371,09 € and for this year 6920,41 €. Next week we expect to receive around 70 euros. This month is already all time record in received dividends. 

Target for 2021 reached

This week was our best week ever as anticipated. We received good amount of dividends and reinvested the money. We also reached our this year's target, so we wont track our progress against it anymore. We updated our graphs to show next year's target. We do have quite job ahead to meet the target.

This week we received following dividends:

• 923,23 € from Nordea
• 18,99 € from Whitestone REIT
• 33,97 € from Aktia Bank
• 3,69 € from Keurig DrPepper
• 11,26 € from Exchange Income
• 21,52 € from Realty Income
• 23,64 € from Algonquin Power & Utilities
• 35,82 € from Cardinal Health Inc
• 42,91 € from Leggett & Platt
• 46,77 € from Spirit Realty Capital

Total amount of dividends was 1161,80 €. If only we could receive this amout every week!

We made following transactions this week.

• bought 35 shares of Kemira @13,63229 €. This will increase our 2022 dividends by 15,12 €
• bought 5 shares of Capman @14,09 €. This will increase our 2022 dividends by 0,70 €
• bought 12 shares of Sampo @45,33917 € This will increase our 2022 dividends by 20,40 €

All the expected dividends are only our guesstimations.

For next year our indicative prediction shows that currently we are 720 € short from our goal. To increase our dividends without dividend increases would mean that we have to invest 20 000 - 30 000 € new capital to meet the target. 

 

 

First week of October 2021

As we wrote last week, another investment loan payment day was this week. We paid back 295,47 € principal and 14,53 € fees and interests. Othewise this week was pretty uneventful. 

We increased our position in Algonquin Power Utilities by 121 shares @18,62132 CAD. We estimate that this will increase our 2022 dividend income approximately by 46 €. 

We received following dividends:

• 31,67 € from Iron Mountain Inc
• 2 shares of Saratoga Investment worth of 46,06 €
• -3,41 taxes from Saratoga Investment DRIP
• 14,93 € from Pepsico

Total amount of dividends this week was  89,25 €, which is only a bit less than usual.So actual amount was decent even the number of events was low. Our accumulated dividends in October is now 145,65 €. 

Next week will be our all time best dividend week, because Nordea will pay 2 year's dividends.

 

End of the Q3/2021

Last quarter of the year 2021 has started and it is time to look backwards. Our portfolio grew well in Q3 despite the challenging last 1,5 months. Also we had a bit more cash left in investment portfolio than usual. Investment loans went down slightly faster than planned. For the last 2 years COOPS have had declining interest, and most of them do not pay interest at all anymore. That's why we are considering taking money out from them.

Investment portfolio

Asset class	1st Oct 20	31st Dec 20	1st Apr 21	1st Jul 21	1st Oct 21
Cash	596,23 €	1 174,52 €	494,25 €	1 519,58 €	3 079,84 €
Investment funds	10 383,21 €	10 342,75 €	10 331,28 €	9 828,76 €	9 829,82 €
Coop memberships	1 500 €	1 500 €	1 500 €	1 500 €	1 500 €
Shares	140 797,57 €	158 383,37 €	186 531,00€	197 263,20 €	211 134,20 €
Gross investment portfolio	151 777,01 €	171 400,64 €	198 856,53 €	210 111,54 €	225 543,86 €
Investment loan	24 525,88 €	23 023,01 €	21 015,97 €	20 010,80 €	18 489,23 €
Net investment portfolio	127 251,13 €	148 377,63 €	177 840,56 €	190 100,74 €	207 054,63 €

Another investment loan had its due day, and another one has it on next week. So this week we paid back 213 € principal and 2,37 € interests and fees. 

We made only one purchase this week. We bought 27 shares of  A&W Revenue Royalties Income Fund @37,50519 CAD. This purchase will increase our 2022 income approximately by 28 €.

This week we received following dividends:

• 13,87 € from LTC Properties
• 4,77 € from Genuine Parts Company
• 20,28 € from Coca-Cola
• 0,56 € from Capman
• 0,27 € from Gladstone Commercial Reit
• 0,27 € Cibus Nordic
• 0,51 € Gladstone Investment Corporation BDC
• 1 share from Main Street Capital worth of 35,25 €
• -2,11 € withheld taxes from Main Street Capital DRIP
• 0,15 € from Main Street Capital
• 17,04 € from Gilead Sciences Inc
• 24,85 € from Brookfield Infastructure
• 5,87 € from Methanex
• 13,50 € from Transalta Renewables Inc
• 20,00 € from Citycon
• 31,87 € from Simon Property Group
• 13,39 € from HSBC Holdings
• 17,81 € Telus Corporation 

The 0,15 € from Main Street Capital is dividend from August which our bank failed to transfer to our account on time. 

Total dividends in September were  631,92 €. And first day of October accumulated 56,40 € dividends. Our bank failed to deliver Pepsi and HSBC dividend on time. Dividend from Pepsi is still missing and HSBC came 1 day late.

3rd and 4th week of September

Last weekend was so hectic that we did not have time for our weekly update. During this two week period, we made a few transactions and received good amount of dividends. 

On 15th Realty Income annouced yet another dividend increase by 0,2%. This will increase our 2022 dividend income approximately by 5,35 €. 

Octopus Bidco made cash offer to buy Ocean Yield stocks at 41 NOK. As the largest owner has already accepted the offer, we reluctantly decided to jump off the wagon and realize the loss without waiting formal resolution.

We made following transactions:

• Bought 3 shares of Main Street Capital @40,7939 USD
• Bought 6 shares of Capman @3,02666 €
• Bought 3 shares of Sabra Healt Care Reit @15,7156 USD
• Sold 4 shares of Lumen Techologies @12,4987 USD realising loss of 4,81 €
• Sold 14 shares of Prospect Capital Corp @7,5834 USD realising loss of 4,33 €
• Bought 1 share of British American Tobacco @27,05618 £
• Sold 400 shares of Ocean Yield @40,94 NOK, realising loss of 1090,65 €
• Bought 28 shares of Nordea @10,78107 €

We received following dividends:

• 18,63 € from Whitestone Reit
• 5,92 € from Dominion Energy
• 47,75 € from BlackRock
• 10,76 € from Exchange Income
• 21,12 € from Realty Income
• 29,72 € from Monmouth Real Estate Investment Corp
• 70,71 € from Duke Energy
• 43,56 € from Manulife Financial Corp
• 0,21 € from Gladstone Investment Corp BDC
• 3,38 € from Main Street Capital
• 0,60 € from Prospect Capital Corp

Total dividends in this period were 256,36 €.

Second week of September 2021

This week was a solid one. We received good amount dividends and we did some transactions. 

This weeks transactions were:

• Sold 120 AT&T @27,55 USD, realised 333,13 € loss
• Bought 10 British American Tobacco @27,343 £
• Bought 240 Nordea @10,36933 €
• Sold 5 Sampo @43,87600, realised 21,31 € profit
• Bought 24 shares of NN Group @44,49333 €

Now we have closed our position in AT&T. 

Dividendwise the week was also good, we received following dividends:

• 16,06 € from Southern Co
• 24,51 € from NN Group
• 9,60 € from Walgreens Boots Alliance
• 28,82 € from Johnson & Johnson
• 0,71 € from Lumen Technologies
• 17,45 € from ExxonMobil Corp

Total amount of dividends this week was  97,15 €. This is a decent amount for 2nd week of the month, which usually is very weak in our portfolio. 

First Week of September 2021

This week we received last dividends of August and first dividends of September and it was also time to pay our investment loan installments. This time we paid 17,51 € interests and fees and 508,02 € principal.

We made only one purchase this week. We bought 14 shares of  Abbvie @111,05531 USD. This will increase our 2022 dividend income by 12,84 €. Also Verizon annouced dividend increase of 0,0125 USD per share. This will increase our dividend income by 3,53 € in 2022.

On the last day of August we received:

• 13,61 € from LTC Properties
• 37,64 € from Waypoint Reit
• 13,40 € from Transalta Renewables
• 0,26 € from Gladstone Commercial Reit
• 0,50 € from Gladstone Investment Corp BDC
• 0,64 € from Sabra Health Care Reit
  

So we received 399,90 € dividend income in August, which is a bit more than we expected.

On first days of September we received following dividends:

• 0,27 € from Cibus Nordic
• 50,20 € from Canadian Utilities
• 63,37 € from Enbridge Inc

Total amount of dividends in September is now 113,84 €.

 

 

 

 

Fourth week of August 2021

This week was very boring. Brookfield Infrastructure and Inter Pipeline merge happened but something went wrong in our portfolio and we asked clarification from our broker. We are sure that this will be sorted out shortly. In short, we received too small amount of Brookfield Infrastructure shares, and we received more CAD than we expected. Also our portfolio now has unexpected USD debt which matches to purchasing the stocks we received and we are missing CAD matching the price of the received stocks. 

We did not make any transactions this week and we received only following dividends:

• 6,26 € from British American Tobacco
•  27,84 € from Royal Bank of Canada
• 1 share from Main Street Capital DRIP worth of 36,70 €
  
• -3,74 € withheld taxes from Main Drip

Total amount of dividends this week was 67,06 and so far this month 333,85€. We are still expecting to receive the usual dividends on last day of the month, but we will fall short of our monthly target as expected. 

3rd week of August 2021

Our week was pretty uneventful. We received small amount of dividends and reinvested some money.

This week we made following transactions:

• Bought 1 share of Capman @3,07 €
• Bought 3 shares of Main Street Capital @42,8947 USD
• Bought 5 shares of Merus Power Oyj @8,484 €

And we received following dividends: 

• 0,60 € from Prospect Capital Corp
• 0,31 € from Vodafone Drip leftovers
• 6,92 € from Inter Pipeline Ltd
• 21,27 € from Realty Income Corp
• 48,53 € from Omega Healthcare Investors
• 1,44 € from Diversified Healthcare Trust

Our this week's dividends were 79,18 €. So week was pretty weak. Our total amount in August is 266,79 € so far. It seems that August and November will be our weakest months this year.

Second week of August 2021

This week was pretty quiet dividendwise. So we spent some time restructuring our portfolios. We sold some of the tiny positions and increased some others. The reason for this is upcoming increase of the transaction fees by our bank. This way we can keep our transactional fees reasonable. This price increase is inconvienient, since it was very nice to be able to reinvest dividends right away and get new companies "under the radar" by buying them to portfolio. 

This week we also approved Brookfield Infrastructure Partners offer of buying Inter Pipeline. We opted for receiving BIPC shares instead of cash. Unfortunately we will lose one of our monthly paying stocks.

We made following transactions (prices includes fees):

• SOLD 10 shares of Stellantis @17,77 €, we realised 35,59 € profit
• SOLD 120 shares of Tesco @ 2,4132 £, we realised 10,15 € profit
• BOUGHT 6 shares of Main Street Capital @42,8846 USD. 
• BOUGHT 5 shares of Nordea @10,274 €
• BOUGHT 5 shares of British American Tobacco @27,41454 £
• BOUGHT 1 share of Exxon Mobil Corp @58,5295 USD
• BOUGHT 189 shares of Algonquin Power Utilities @19,98646 CAD

Net effect to the dividend income in 2022 is approximately 87,87 €. 

We received following dividends:

• 18,75 € from Whitestone REIT
• 1,48 € from Main Street Capital
• 11,00 € from Exchange Income 
• 33 shares of Vodafone worth of 46,61 €

Total amount of dividends received this week was 77,84 € and total in August so far is 167,28 €.