Good morning (or whatever time of the day you are reading this), we got a pretty juicy October 2017 Dividend Update!
Monthly Dividend Update
It was a bit of a wild month. We had been eyeing several Real Estate opportunities for a while. To be able to know with certainty how much money we would have, we decided to liquidate a portion of the Dutch dividend shares. We sold shares that made a bit of a profit, including ABN, RDSA and BOS. In case of RDSA, we should have kept them a little longer as they skyrocketed the last few weeks. But hindsight is 20-20 and we did not know if the opportunity would materialize quickly! Unfortunately it didn’t, but that’s ok. You win some, you loose some, at least we still have the cash ready to be deployed.
We will likely also sell the UN and AH shares too and transfer into other (higher yielding) cash-flow investments. Once that cash-flow is ongoing, we will like start to re-invest into dividend shares and/or index funds. The jury is still out on this one, it also depends on what the market is doing.
We continued to DRIP as many shares as possible (no fees and some share price discounts!). These include the usual monthly dividend payers such as (and a few quarterly payers too such as BNS, AQN, AGU and GS):
- AAR.UN (REIT);
- CJR.B (Communication Services);
- CIX (Finance);
- DRG.UN (REIT);
- LIQ.UN (Consumer Staples);
- SJR.B (Communication Services);
- HR.UN (REIT); and,
- PLZ.UN (REIT).
Don’t forget to check out the community updates at the Dividend Diplomats and Easy Dividend.
October Dividends
All the dividend deposits received into the bank accounts (correct for exchange rates) sum up to a total dividend income of almost €730. This is an increase of about 33.9% compared to last year. This is mainly driven by a special dividend from GS (a Canadian financial institution for high net worth individuals). This added a whopping €181 to the total dividend. We very much approve!
The stats for last month:
The graph below is showing the yearly dividend totals for 2015 and 2016, and a year-to-date dividend total for 2017. Yes, we beat our income from 2016, with two more months to go!
The “Dutch” dividend income (AH, ABN, BOS, UNA and RDSA) are all after taxes (15%). The rest are held in RRSP’s and are not taxed (we will pay withholding tax when we withdraw from the account, but the dividends are not taxed themselves).
Dividend Stock Overview
Our dividend portfolio now contains 43 companies with a total of 11.472 shares (up 1.575 shares from a year ago).
It looks like this:
Big note here as I was not able to record all stock values around month end. The above is a snap shot with the majority of the share values as per close of business on October 16.
Dividend Sector Breakdown
When you breakdown the previously shown dividend stock overview by sector, it looks as follows:
How was your October dividend income, any good surprises for you too?
Nice graphs! I was wondering how did you make the dividend graph? I can’t find such a graph in excel.
Hey Sjonnie,
Look up the bar graph (2D or 3D), add in multiple series for each year you have data (it will automatically put the side by side assuming you have the same x-axis data). Then check the graph formatting to add in the data boxes at the bottom of the graph (and other labels as you like).
Cheers!
Nice amount (once again)! Didn’t expect anything else
Funny you mention this (“didn’t expect anything else”), we are still awaiting something negative to happen at some point. Perhaps the pessimist in my speaking 😉
Very impressive growth there 🙂
Friendly advice, when doing charts, generally speaking less is more. If you get rid of the 3D effects, the grid lines and stuff like that, your charts will stand out more and be more readable. These simple changes can make the presentation of these awesome numbers even better.
But I like my 3D effects 🙂 It’s only one graph anyways. Added the numbers at the bottom to still be able to see the changes in detail. I like minimalism, but I don’t always adhere to it.
Thanks for stopping by.
Keep up the excellent work you are smashing it!
Yes Sir, will do 😉
Nice income, and the best part: you didn’t have to do any work for it! Aah, a sloth’s dream!!
Sloths of the world unit (and invest in dividend shares 😉 )
October is a very bad month for me in terms of dividend income, so I’m looking at this with a bit of jealousy 🙂 Nice job, especially that you already beat your 2016 income!
The special dividend is really to “blame” here. Likely won’t happen again in the near future. Expect next year’s dividend to be considerably less.
Fantastic dividend progress since 2016 Cheesy! Pretty soon you’ll be seeing 1k a month (the big leagues)!
Big leagues, so want to be part of that 😉
You’re soooo good with those charts and graphs, man. But you gotta throw in a few windmill pics once in awhile. Nice progress!!
See what I can do 😉 Hope to be able to cycle at least once this week, will do my best.
Well that’s -again- a nice stash of dividends coming your way!
it was way more than we expected, the special dividend was really a nice surprise!
Hi CF!
Very nice dividend income! I shared my savings ratio last week will share my dividend income also by the end of the year, very curious what i did in 2017. Let’s hope the bull market continues for some time 😉
Thanks! Actually, I rather not have a bull market, means we can buy dividend shares on the cheap 😉
Amazing results as usual. Exciting to see that your expanding your real estate. Good luck with selecting and buying!
The results were pretty nice indeed, really looking forward to make some leaps in the RE department, has been too long!