December 2017 Dividend Update

The December 2017 Dividend Update is commonly one that stands out, in a positive way, right? But not this year! Since we have been shuffling money around from stocks into real estate, we actually ended up going down. Let’s have a look, shall we?

Monthly Dividend Update

As noted in previous posts, we have sold all our core Dutch dividend shares now (RDS, UN and AH). But we still received the dividend from UN (for 200 shares). We now only hold dividend shares in our Canadian pension accounts. The one-year plan is to focus on the real estate side of things and keep the current asset distribution for now.

We are also planning to “clean up” the dividend shares within the Canadian pension accounts. We need to focus on actual dividend growth shares (and stop chasing yield). So we did a “detailed” assessment for 2017 with the following results:

  • We now have 39 different Canadian shares;
  • 28 of these continued to raise their dividends (keep these and expand positions!);
  • 9 did not change their dividends (primarily REITs, which we will keep for DRIPs; others we will sell); and,
  • unfortunately 2 cut their dividends (sell these!).

The short term goal is to sell 3 stocks (CJB, WJA and ET; at set trigger levels) that maintained their dividends. One stock that cut their dividend (POT) is now already converted into a new stock, which we will hang on to for now. The other stocks are still under review.

The money received will be redeployed into new positions or will be used to increase positions in actual dividend growth stocks.

Oh, don’t forget to check out the community updates at the Dividend Diplomats and Easy Dividend!

December Dividends

All the dividend deposits received into the bank accounts (correct for exchange rates) sum up to a total dividend income of about €588. This is a decrease of 6.0% compared to last year. Still overall dividends for the year grew by 29.3%!

The stats for last month:

December 2017 Dividend Update - Dividend Income
December 2017 Dividend Update – Dividend Income

The graph below is showing the yearly dividend totals for 2015, 2016 and our final dividend total for 2017. We received over €7220 in dividends in 2017. But we are not going to get close to this in 2018! The sale of the Dutch shares will make sure of this.

December 2017 Dividend Update - Yearly Dividend
December 2017 Dividend Update – Yearly Dividend

Dividend Stock Overview

Our dividend portfolio contains 39 companies with a total of 9.520 shares (down 787 shares from a year ago). As of January 2018, without any buys or sells, we will have 38 as POT and AGU will merge into one company.

The portfolio looks like this:

December 2017 Dividend Update - Dividend Overview
December 2017 Dividend Update – Dividend Overview

Dividend Sector Breakdown

When you breakdown the previously shown dividend stock overview by sector, it looks as follows:

December 2017 Dividend Update - Sector Allocation
December 2017 Dividend Update – Sector Allocation

 

How did you do in the final month of December?

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18 Comments

    1. Yes, I can (and did, see post on the December Cheesy Index, last paragraph). Might still do an overall post with more details later this month. But it boils down to mortgage (principle) payments and taxes. Both take a big chuck out of the cash-flow income and we are therefore not yet FI on those terms. Also, we currently have higher expenses due to daycare, which would not exist once with are FI (hence the note on core expenses in the post on the cheesy Index)

    1. Thanks dividend Geek. Need to make a few minor adjustments and then we are happy with it too. After the adjustments it should be good for a couple more years.

    1. Hey MH, yeah, there are some really nice Canadian share to choose from. Banks come to mind, but there are also some neat utility stocks and REIT’s.
      Thanks for the visit

  1. Holy cow! A 29% increase in dividends YoY? That’s fantastic Cheesy!

    I was super pumped that we reached our 10% dividend growth goal to hit $53k USD this year! 29% would be a dream!

    1. That 29% is a bit misleading as we were still reinvesting our Canadian pension account ETF’s into dividend stock, which we didn’t fully complete until early 2017. With everything invested now, the growth rates should be more in line with your 10%.
      Good luck getting to your goal of $553k, no doubt in my mind that you can do that!

  2. Excellent work building up your overall 2017 total by such a good amount compared to 2016. Even though you sold, you still got a great total 🙂

    I hope in a few years our portfolio will spit out as much income as yours did this year!

    Mr DDU

    1. Hoping to still beat that 2016 total by the end of this year. Should be possible with virtually all our money now invested in those accounts and dividends growing!
      thanks for the visit Mr DDU

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