October 2018 Dividend Update

More boring stuff in this October 2018 Dividend Update. Yet again som more DRIP’s happened. However, we also bought some more dividend…….ETF’s?

October 2018 Dividend Update

No sale of shares this month, but we did buy some! Well not shares, but we bought an ETF. VDY is what we ended up with. Why? I had trouble adding to existing positions, some are already getting quite large relatively speaking. I still would like to keep our portfolio well diversified and balanced.

The VDY also has some shares that I like (like T and TD) that we cannot buy due to restriction with the investment account. Buying the ETF was a nice way to get some exposure to those companies. That being said, it’s a high dividend ETF, which does not necessarily have only dividend growth shares. Not ideal, I know! Management fees are very acceptable at 0.22%. Dividend is paid monthly. DRIP’s are not going to happen, as the position is too small.

Keen on some Canadian shares in your portfolio? Try this awesome list to see which companies might be of interest. Oh, don’t forget to check out the community updates at the Dividend Diplomats and Easy Dividend!

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October Dividends

All the dividend deposits received into the bank accounts (and correct for exchange rates) sum up to a total dividend income of €586,78for October.

Compared to last year we had an decrease of 20.5%. If you purely look at the dividend change in CAD (Canadian Dollars), which is our steady portfolio in our RRSPs, we are also down 21.2% compared to last year. This is the result due to sales/merger of some shares, one time bonus dividend payments last year and shifting dividend payment dates. Such is life!

The stats for last month:

October 2018 Dividend Update - Dividend Income
October 2018 Dividend Update – Dividend Income

The graph below is showing the yearly dividend totals for 2015, 2016, 2017 and the YTD for 2018. Despite selling many shares in 2017 (reinvested in Real Estate), we are on track to actually beat 2016’s total this year. Which also included some of the Dutch shares we sold in 2017.

October 2018 Dividend Update - Yearly Dividend
October 2018 Dividend Update – Yearly Dividend

Dividend Stock Overview

Our dividend portfolio now contains 36 companies + one ETF with a total of 8.037 shares.

The portfolio looks like this:

October 2018 Dividend Update - Dividend Overview
October 2018 Dividend Update – Dividend Overview

Dividend Sector Breakdown

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

October 2018 Dividend Update - Sector Allocation
October 2018 Dividend Update – Sector Allocation

 

How was your October on the dividend front?

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8 Comments

  1. Love this update CF. Who cares if there was that decrease because of real estate, you are still crushing it! Man – we may have to rent from you when my and I take our 5 year anniversary Europe trip in 2021 haha All jokes aside, great results and it put a huge smile on my face this evening.

    Bert

  2. It seems like this year’s numbers are tracking pretty closely to 2016. Nice!

    Question for you: Do you worry about your sector allocation being too concentrated? I’m just curious. Some people care a lot about these things, others do not.

    1. I do to a degree, especially as this group of shares is solely exposed to the Canadian market. But I just loose so much money with dividend tax in this pension account if I stray from these Canadian shares (I would be double taxed, as I still have to pay withdrawal tax too). I did try my best to primarily find solid companies that have dividend growth, supplemented with some real estate shares for the diversification. That being said, we are heavy on the utilities and financial sectors indeed. Unfortunately the pool of companies in the other sectors are relatively small in Canada (at least for the dividend growth shares). It’s a balancing act!

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