October was a relatively steady month on the dividend front. We purchased some UNA (100 shares, in two batches of 50 shares to profit from the steady drop in stock price) this month and got lots of free money. October yielded a very respectable €545 in dividends. This is a YOY return of about 298%. But as noted last months, this is mainly due to a large amount of cash that we reinvested over the last 16 months and not “organic” dividend growth. Albeit we are very curious to see what that is going to look like. Yield this year (to date), based on book value, is about 3.45%. With two more months to go, we should end up just over 4.1%.
We currently own a total of 43 stocks and our portfolio looks like this:
When you dump everything into a pie chart, based on the sectors the shares represent, you find the below overview:
We still have some work to be done, as we still need to purchase more stocks to shift the sector allocations, but that is a plan in development.