First off, a small correction for the February number, it was adjusted downwards as one set of newly purchased stocks registered after the dividend cutoff, so that first new dividend won’t come in until May (it was only about 9 euro’s, so not too bad). We have several shares that register on one of the last days of the month. We (try to) wait until we have received all dividends into the investment accounts before we report the final incomes from Dividends.
As you can see below, March was a killer for us! Mainly due to RDSA, which contributed about €153 to the total (after taxes) and a (one time) bonus dividend of ~€65 from the Chesswood Group. Nice unexpected surprise!
Below you can find a quick overview of the total monthly dividend payouts for 2015/2016:
Here is an overview of our dividend stocks (we currently have
37 36 different stocks):
If you group the above dividend stocks by sector, the distribution of our portfolio is as follows (based on market value at close of markets on March 31, 2016):
So, what happened in March? Well no new stock purchases, that is for sure. However, we did sell both UNA and RDSA right after we received their dividends. Why? Simply because we wanted to capitalize on some of their capital gains due to share price increases (ended up making about +10% on the UNA shares after fees).
However, last Friday and last Tuesday the market on Amsterdam got a hit, and we ended up buying both stocks back (in multiple transactions) with a discount between 3.5-6.5% compared to the highs we sold them for earlier. We only did this after re-evaluating our cash position for our pending Real Estate adventure and realizing March had a good run upwards. We are not really the gambling types, but will try to capitalize on an opportunity if it presents itself 😉