First off, there was upward correction for the March number as one dividend payer came in early and shifted into March instead of April where it was assumed (plus made a mistake with the exchange rate). So the total for March came in at just over €681, wow, that really was a good month!! As 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 income from Dividends, but sometimes pull the trigger too soon to give you guys an update 😉
Dividend Income Update
April was a good month in terms of dividend, but it was dwarfed a bit by the amazing month of March. Still a very healthy number as you can see below:
Here is an overview of our dividend stocks (we currently have 40 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 April 30, 2016):
As you can see, the sale of RDSA last month (which was a stupid move in hindsight, capitalized too soon on some capital gains and the stock remained very strong during the months, so no opportunity to buy it back yet….) drove down the energy sector allocation a lot. However, we did end up buying some UNA and AH, as well as AGU.to and AQN.to last month. Increasing the consumer defensive, basic materials and utilities in the dividend sector allocations.