Friday, July 10, 2020

Monthly Review - June 2020





In this blog post I will go through the dividends I collected in June of 2020.

I will also go through changes in my portfolio.

Dividends received:

In June of 2020 I collected dividends from ten companies. The total amount received in net dividends was 76,73€.

Last year I collected 15,04€ in June from three companies (3M Company, Walgreens Boots Alliance Inc. and T. Rowe Price Group)

Year on year growth in net dividends for June was 410,20%.

The reason for the YOY increase is mostly because I have opened new positions in TROW, UPS, ADM, EMR, SWK and O. I have also added to my JNJ position and MMM has raised it's dividend.

List of the companies that paid me dividends in June 2020:
Sampo Oyj [SAMPO]
3M Company [MMM]
Walgreens Boots Alliance, Inc. [WBA]
T. Rowe Price Group Inc. [TROW]
United Parcel Service, Inc. [UPS]
Johnson & Johnson [JNJ]
Archer-Daniels-Midland Company [ADM]
Emerson Electric Co. [EMR]
Stanley Black & Decker, Inc. [SWK]
Realty Income Corporation  [O]

List of the companies that raised their dividends in June 2020:
Realty Income Corporation [O] 0,2% increase.

Buys:
Monthly investments in ETF's and Low-cost Index Funds.

Projected forward annual net dividends:
686,22€

Portfolios Yield on Cost net:
3,28%










I have also updated the Dividends, Goals and Portfolio pages.

I hope you enjoyed reading my blog post.

Stay safe!

Best Regards

D.G.E.

Monday, June 1, 2020

Monthly Review - May 2020





In this blog post I will go through the dividends I collected in May of 2020.

I will also go through changes in my portfolio.

General:

I broke a milestone this month! 1000 euros of net dividends collected. The total of net dividends collected is now 1016,06€ to be precise. Can't wait to get to 2000€.

The month of May consisted of some dividend cuts and suspensions. I think that it is good to experience these cuts and suspensions in the beginning phase of my journey. I didn't get upset, sad or anything. I'm just trying to learn from all of this.
I am currently reading Philip Fisher's Common Stocks and Uncommon Profits. I have already learnt a lot from the book and I'm only in the beginning of reading it.

In the future I will try to come up with a blog post with a topic of how I pick the companies I want to invest in but this will have to wait since I feel like it's still molding a bit along the way. I'm still in the beginning on my dividend growth investing journey so it might take a while to achieve a more detailed process.

Dividends received:

In May of 2020 I collected dividends from seven companies. The total amount received in net dividends was 29,55€.

Last year I collected 19,62€ in May from four companies (Huhtamaki, General Mills, Tanger, AT&T).

Year on year growth in net dividends for May was 29,55%.

The reason for the increase is mostly because I have opened new positions in Antero Midstream and QDVD ETF. I have also added to my Altria position. (AT&T and Altria)

List of the companies that paid me dividends in May 2020:
Taaleri Oyj [TAALA]
Altria Group, Inc. [MO]
General Mills, Inc. [GIS]
Tanger Factory Outlet Centers, Inc. [SKT]
AT&T Inc. [T]
Antero Midstream Corporation, Inc. [AM]
iShares MSCI USA Quality Dividend UCITS ETF USD [QDVD]

List of the companies that raised cut or suspended their dividends in May 2020:
Taaleri Oyj held their AGM on the May 18th: "The General Meeting decided according to the proposal of the Board of Directors that a dividend of EUR 0.16 per share be paid based on the balance sheet adopted for the financial year ended 31 December 2019. The dividend will be paid to shareholders who on the dividend record date of 20 May 2020 are entered as shareholders in the company’s shareholder register held by Euroclear Finland Ltd. The dividend is to be paid on 28 May 2020.

In addition, the General meeting authorised the Board of Directors to at a later date decide on a payment of a maximum dividend of EUR 0.16 per share for the financial year 2019 with a payment at one or more occasions. The authorisation is in force until the Annual General Meeting 2021. The Board was also authorised to decide on the record date and the date of payment of a possible dividend. Taaleri will notify of the decisions separately."

I decided to remove the possible 0,16€ dividend from projections. I'll add it if or when the company decides to pay it. This is the reason why the Projected forward annual net dividends if lower from last month.

Tanger Factory Outlet Centers, Inc. suspends dividend on May 11th.
"Tanger intends to pay the dividend of $0.3575 per share declared in January 2020 as scheduled on May 15, 2020 to holders of record on April 30, 2020.  Going forward, given the current uncertainty related to the pandemic's near and potential long-term impact, the Company's Board of Directors will temporarily suspend dividend distributions to conserve approximately $35 million in cash per quarter and preserve the Company's balance sheet strength and flexibility. The Board will continue to evaluate the potential for future dividend distributions on a quarterly basis. Tanger intends to remain in compliance with REIT taxable income distribution requirements for the 2020 tax year."

List of the companies that raised their dividends in May 2020:
No raises.

Buys:
Altria Group, Inc.
Monthly investments in ETF's and Low-cost Index Funds.

Projected forward annual net dividends:
679,23€

Portfolios Yield on Cost net:
3,19%




Broke the €1000 collected net dividends milestone!





I have also updated the Dividends, Goals and Portfolio pages.

I hope you enjoyed reading my blog post.

Stay safe!

Best Regards

D.G.E.

Friday, May 15, 2020

Monthly Review - April 2020




In this blog post I will go through the dividends I collected in April of 2020.

I will also go through changes in my portfolio.

Dividends received:

In April of 2020 I collected dividends from four companies. The total amount received in net dividends was 6,77€.

Last year I collected 291,29€ in April from ten companies (CapMan, Martela, Nokian Tyres, Nordea, Outokumpu, Pihlajalinna, Sampo, Skanska AB, Altria and Iron Mountain).

Year on year growth in net dividends for April was -97,68%.

The reason for the decrease is mostly because Nordea, Outokumpu, Pihlajalinna, Martela, Sampo Oyj and Skanska AB supended or cut or postponed their dividend pay date. 

List of the companies that paid me dividends:
Nokian Tyres
Iron Mountain Inc
Genuine Parts
Realty Income

List of the companies that raised their dividends in April 2020:
Johnson & Johnson annual dividend increase 6,32% 

Buys:
Skanska AB
Monthly investments in ETF's and Low-cost Index Funds.


Projected forward annual net dividends:
697,02€

Portfolios Yield on Cost net:
3,39%









I have also updated the Dividends, Goals and Portfolio pages.

I hope you enjoyed reading my blog post.

Stay safe!

Best Regards

D.G.E.

Friday, April 3, 2020

Monthly Review March 2020



In this blog post I will go through the dividends I collected in March of 2020.

I will also go through changes in my portfolio.

Dividends received:

In March of 2020 I collected dividends from seven companies. The total amount received in net dividends was 104,41€.

Last year I collected 54,28€ in March from three companies (CapMan, Taaleri and 3M).

Year on year growth in net dividends for March was 92,38%.

The reason for the increase is mostly because I have opened new positions in Walgreens Boots Alliance, T Rowe Price, UPS, Johnson & Johnson and Archer-Daniels-Midland. I have also added to my 3M position.

List of the companies that paid me dividends:
CapMan Oyj
3M Company
Walgreens Boots Alliance, Inc.
T.Rowe Price Group Inc.
UPS
Johnson & Johnson
Archer-Daniels-Midland Company


List of the companies that raised their dividends in March 2020:
Realty Income Corporation

List of the companies that postponed their AGM and dividend declaration because of the COVID-19 in March 2020:
Huhtamaki
Nordea
Sampo
Taaleri
Skanska AB


Buys:
Johnson & Johnson
T.Rowe Price Group Inc.
Emerson Electric
Realty Income Corporation
Stanley Black & Decker, Inc.
Automatic Data Processing, Inc.
Skanska AB
Monthly investments in ETF's and Low-cost Index Funds.


Projected forward annual net dividends:
690,34€

Portfolios Yield on Cost net:
3,38%






I have also updated the Dividends, Goals and Portfolio pages.

I have also added to Budget and Saving page a Sankey diagram!

I hope you enjoyed reading my blog post.

Stay safe and wash your hands!

Best Regards

D.G.E.

Friday, March 6, 2020

Monthly Review February 2020



In this blog post I will go through the dividends I collected in February of 2020.

I will also go through changes in my portfolio.

Dividends received:

In February of 2020 I collected dividends from 7 companies. The total amount received in net dividends was 21,41€.

Last year I collected 9,08€ in February from two companies (General Mills and Tanger).

Year on year growth in net dividends for February was 135,79%.

The reason for the increase is mostly because I have opened new positions in AT&T, General Dynamics, Lowe's, Caterpillar and Antero Midstream.

List of the companies that paid me dividends:
General Mills
Tanger
AT&T
General Dynamics
Lowe's Companies
Caterpillar
Antero Midstream


List of the companies that raised their dividends in February 2020:
3M - MMM
T Rowe - TROW
UPS - UPS
Genuine Parts - GPC

Buys:
Skanska AB
Monthly investments in ETF's and Low-cost Index Funds.


Projected forward annual net dividends:
621,69€

Portfolios Yield on Cost net:
3,34%







I have also updated the Dividends, Goals and Portfolio pages.

I hope you enjoyed reading my blog post.

Have a great week!

Best Regards

D.G.E.

Monday, February 10, 2020

Monthly Review January 2020



In this blog post I will go through the dividends I collected in January of 2020.

I will also go through changes in my portfolio.

Dividends received:

In January of 2020 I collected dividends from 3 companies. The total amount received in net dividends was 9,7€.

Last year I collected 3,14€ in January from two companies (Altria and IRM).

Year on year growth in net dividends for January was 208,72%.

The reason for the increase is mostly because I have opened a position in GPC. I also added to my Altria position last year.

List of the companies that paid me dividends:
Altria
Iron Mountain Inc
Genuine Parts Company



List of the companies that raised their dividends in January 2020:
Tanger - SKT
Archer-Daniels-Midland - ADM

Buys:
Skanska AB
Monthly investments in ETF's and Low-cost Index Funds.


Projected forward annual net dividends:
599,23€

Portfolios Yield on Cost net:
3,31%







I have also updated the Dividends, Goals and Portfolio pages.

I hope you enjoyed reading my blog post.

Have a great week!

Best Regards

D.G.E.

Thursday, January 16, 2020

Monthly Review December 2019



In this blog post I will go through the dividends I collected in December of 2019.

I will also go through changes in my portfolio.

Dividends received:

In December of 2019 I collected dividends from 6 companies. The total amount received in net dividends was 33,69€.

Last year I collected 5,09€ in December from one company (3M).

Year on year growth in net dividends for December was 561,76%.

The reason for the increase is mostly because I have opened positions in Walgreens Boots Alliance, T Rowe, UPS, Johnson & Johnson and ADM. I also added to my 3M position this year.

List of the companies that paid me dividends:
Walgreens Boots Alliance
T Rowe
UPS
Johnson & Johnson
Archer-Daniels-Midland


List of the companies that raised their dividends:
AT&T

Buys:
Monthly investments in ETF's and Low-cost Index Funds.


Projected forward annual net dividends:
597,46€

Portfolios Yield on Cost net:
3,36%







I have also updated the Dividends, Goals and Portfolio pages.

I hope you enjoyed reading my blog post.

Have a great weekend!

Best Regards

D.G.E.

Monday, December 16, 2019

Monthly Review November 2019



In this blog post I will go through the dividends I collected in November of 2019.

I will also go through changes in my portfolio.

Dividends received:

In November of 2019 I collected dividends from 8 companies and ETF's. The total amount received in net dividends was 24,17€.

Last year I collected 8,86€ in November from one companies (General Mills).

Year on year growth in net dividends for November was 172,97%.

The reason for the increase is mostly because I have opened positions in Tanger, AT&T General Dynamics, Lowe's, Caterpillar, Antero Midsteram and QDVD ETF.

List of the companies that paid me dividends:
General Mills
Tanger
AT&T
General Dynamics
Lowe's
Caterpillar
Antero Midstream
iShares MSCI USA Quality Dividend UCITS ETF (QDVD)

List of the companies that raised their dividends:
-

Buys:
Monthly investments in ETF's and Low-cost Index Funds.
Skanska AB

Projected forward annual net dividends:
591,76€

Portfolios Yield on Cost net:
3,29%







I have also updated the Dividends, Goals and Portfolio pages!

I hope you enjoyed reading my blog post.

Have a great week!

Best Regards

D.G.E.

Monday, November 4, 2019

Monthly Review October 2019



In this blog post I will go through the dividends I collected in October of 2019.

I will also go through changes in my portfolio.

Current events:

I decided that I would a chapter on my Monthly Review series if something special would occur.

In October both Sampo and Nordea announced their plans to cut their annual dividend for the next year.

For international readers who might not have heard of these two companies: Nordea is one of the leading Nordic banks and Sampo is a financial group which is Nordea's largest shareholder with a 19,87% stake.

Sampo: "Change in Sampo’s view on expected dividends. Management expects to propose to the Board a dividend of EUR 2.10 - 2.30 a share for 2019"

If the dividend is €2.10 the decrease will be about -26% since the previous dividend was €2.85 per share.

Nordea:"Our new capital policy stipulates a management buffer of 150-200 bps above the regulatory CET1 requirement and a dividend pay-out ratio of 60-70%, both starting from 2020. We will continuously assess the opportunity to use share buy-backs as a tool to distribute excess capital. For 2019, Nordea targets a dividend of EUR 0.4 per share."

If the dividend is €0.40 the decrease will be about -44% since the previous dividend was €0.69 per share.

To be clear: neither of these companies declared any dividends but gave their projections and I have updated my projected annual net dividends with these guidances.

I have experienced a couple of dividend cuts in the past. For example Skanska AB cut it's dividend this year and so did some of my other smaller Finnish OMX Helsinki positions.

In the year 2019 after Q3 the percentage of my received dividends have been Sampo 26,25% and Nordea 11,38%. More than third of my dividends I have received from these two companies.

This will obviously have an effect on my annual forward net dividends. (see graphs below)

So these future dividend cuts lead to following thoughts:

These companies will most probably cut their dividend so what do I do?

I will continue to diversify my portfolio and try to do my best to find the right companies that would distribute dividends and grow their dividends into foreseeable future.

Also, what to do if more (most certainly this will be the case in the following decades to come) dividend cuts occur in the future?

I haven't really made up my mind.
I don't have a specific Investment Strategy (at least yet) or a set of rules that would tell me what to do under specific circumstances.
Maybe selling the position and opening a new one could be a viable option.
I need to look into this and research what to do with these and future dividend cuts. It will be interesting to see what kind of rules I end up with.

What I know and have decided in the past is that I will monthly add to my ETF's and Low-cost Index Funds.

Dividends received:

In October of 2019 I collected dividends from 4 companies. The total amount received in net dividends was 8,56€.

Last year I collected 5,16€ in October from 2 companies (Neste and Altria).

Year on year growth in net dividends for October was 65,77%.

The reason for the increase is mostly because I have opened positions in Iron Mountain Inc, AT&T and Genuine Parts.
I have also added to my Altria position earlier of this year and Altria has raised it's dividend.

List of the companies that paid me dividends:
Altria
Iron Mountain Inc
AT&T Inc
Genuine Parts

List of the companies that raised their dividends:
Antero Midstream

Buys:
Monthly investments in ETF's and Low-cost Index Funds.

Projected forward annual net dividends:
579,04€

Portfolios Yield on Cost net:
3,18%







I have also updated the Dividends, Goals and Portfolio pages!

I hope you enjoyed reading my blog post.

Have a great week!

Best Regards

D.G.E.

Wednesday, October 9, 2019

Monthly Review September 2019



In this blog post I will go through the dividends I collected in September of 2019.

I will also go through changes in my portfolio.

Dividends received:

In September of 2019 I collected dividends from 6 companies. The total amount received in net dividends was 28,06€.

Last year I collected 5,74€ in September from one company (3M).

Year on year growth in net dividends for September was 388,81%.

The reason for the increase is mostly because I have opened positions in Walgreens Boot Alliace, T.Rowe Price, UPS, Johnson & Johnson and Archer-Daniels-Midland.
I have also added to my 3M position in May of this year.

List of the companies that paid me dividends:
3M
Walgreens Boots Alliance
T.Rowe Price
UPS
Johnson & Johnson
Archer-Daniels-Midland

List of the companies that raised their dividends:
None

Buys:
Added shares to my Altria position.
Monthly investments in ETF's and Low-cost Index Funds.

General on buys: Altria has been hit by JUUL so because of that I decided to use my cash position to add couple of shares.

Other information:
For the rest of the year I'm trying to add to my cash position but the priority is in my emergency fund. The emergency fund is about 38% full. Should be able to reach 100% come year 2020.


Projected forward annual net dividends:
621,49€

Portfolios Yield on Cost net:
3,41%







I have also updated the Dividends, Goals and Portfolio pages!

I hope you enjoyed reading my blog post.

Have a great rest of the week!

Best Regards

D.G.E.

Wednesday, September 11, 2019

Monthly Review August 2019



In this blog post I will go through the dividends I collected in August of 2019.

I will also go through changes in my portfolio.

Dividends received:

In August of 2019 I collected dividends from 5 companies. The total amount collected in net dividends was 17,73€.

Last year I collected 8,86€ in August. Year on year growth in net dividends for July was 100,27%.

The reason for the increase is mostly because I have opened positions in Tanger, AT&T, General Dynamics and Lowe's.

List of the companies that paid me dividends:
General Mills
Tanger
AT&T
General Dynamics
Lowe's

List of the companies that raised their dividends:
Altria

Buys:
Caterpillar
Johnson & Johnson
Genuine Parts
Archer-Daniels-Midland
Antero Midstream
Skanska AB
Monthly investments in ETF's and Low-cost Index Funds.

General on buys: The market went down a bit and I decided to use my cash position.

Other information:
For the rest of the year I'm trying to add to my cash position but the priority is in my emergency fund. The emergency fund is about 40% full. Should be able to reach 100% come year 2020.


Projected forward annual net dividends:
621,49€

Portfolios Yield on Cost net:
3,41%







I have also updated the Dividends, Goals and Portfolio pages!

I hope you enjoyed reading my blog post.

Have a great rest of the week!

Best Regards

D.G.E.


edit: typos

Friday, August 2, 2019

Monthly Review July 2019



In this blog post I will go through the dividends I collected in July of 2019.

I will also go through changes in my portfolio.

Dividends received:

In July of 2019 I collected dividends from 2 companies. The total amount collected in net dividends was 5,21€.

Last year I collected 1,74€ in July. Year on year growth in net dividends for July was 198,51%.

The reason for the increase is mostly because I opened a position Iron Mountain Inc and I also added to my Altria position. Also both of the companies had raised their dividend during the past year.

List of the companies that paid me dividends:
Altria
Iron Mountain Inc

List of the companies that raised their dividends:
Walgreens Boots Alliance

Buys:
Skanska AB

Projected forward annual net dividends:
563,89€

Portfolios Yield on Cost net:
3,22%







I hope you enjoyed reading my blog post.

Have a great weekend!

Best Regards

D.G.E.

Thursday, July 11, 2019

Goals.

Background

In life it's good to have goals, at least they work for me. They drive me forward and give a sort of purpose for the everyday life.

In the current world where the lifestyle of performance orientated rat race is accelerating viciously I find that investing and wealth accumulation is the thing that keeps me going.

I invest because I want to feel safe. To feel safe about the future.

For me safety is shelter, health and the possibility for me as a individual to do my own choices if things go south.


Setting up goals

“The first $100,000 is a b*tch, but you gotta do it.”  - Charlie Munger

This quote from the legendary Charlie Munger is something that woke me up a bit.

I wrote before that I never thought I would be one of those people who will reach six figures of more.

Now I do.

I calculated how much I have invested in the past two years and came up with a monthly average.
I went through my annual incomes and costs for the past two years and came up with a figure that should be my average investment amount.

I put that figure (plus the €10,000 as principal I had invested in the past two years) in a DRIP-calculator and it gave me the a result: 7 years.

Seven years. Somehow it doesn't feel and seem to be too far away. Yes, it's about 2,555 days from now but for me its a goal:

The first: €100,000.

I will do it and it will be a b*tch, but I'm going to do it.



It seems that when Christmas come in 2026 I will have that first €100,000.

For those wondering about the Slope shape, it's less positive in the beginning because I'm saving for a cash buffer for emergencies. I want to do that first so that I can focus on investing without having to sell if certain particles hit the fan or the gearbox of my car decides to say "the end".

I will do a more detailed post about the plan later on.

I hope you enjoyed reading my blog post.

Best Regards

D.G.E.