We just received the final dividend payments in our bank account for December. 2018 was a good year on the dividend side. Now that the portfolio is streamlined and in better shape, I’m very much looking forward to 2019. Without further ado, here is the 2018 Dividend Update.
2018 Dividend Update
December was not a pretty month, at least not from a stockmarket gains perspective. The dividends on the other hand were pretty good! December is normally the best month of the year (for most dividend investors). However not for us, due to the shuffling in the portfolio, we actually came in just under the income we received in June. Heck, I looked at the forecast for January for this year, which seems to be even higher?! We seem to have a strangely distributed portfolio…
Anyhow, we sold some shares in December (BEP.UN), primarily for tax reasons. The gains we reinvested into more shares with the VDY high dividend ETF. This way we get exposure to shares that we cannot buy directly ourselves (restrictions we have in our account), like Telus and TD bank.
Considering we have our dividend stock portfolio in our RRSPs (Canadian Pension accounts), I’ve decided to make a sight change in reporting. Here is the new overview:
- Income in CAD: $901.34, that is a year-over-year (YOY) gain of 20.4%
- Converted into EUR the income is: €575.45 that is a YOY gain of 1.4%
The difference in the above numbers stems from the exchange rate obviously. But we also received our last Dutch dividend exactly a year ago (from UNA) in December. As for 2019, we will have a good view of the organic portfolio growth, as we only had Canadian shares in 2018. We also cannot contribute anymore to these accounts.
The total YOY gain for 2018, based on only Canadian shares, was 7.1%. Very happy with that because this is the stable (and growing!) part of the portfolio. The total YOY decrease in EUR was 13.1%, which is solely due to the sales of many shares in late 2017. See notes below.
The stats for last month:
The graph below is showing the yearly dividend totals for 2015, 2016, 2017 and 2018. We received a total income of €6.281, based on the exchange rate of 31 December 2018.
For 2018 the received amount in CAD was $9.631. Aiming to cross the $10.000 in 2019!
- we used to have a high cost ETF portfolio in our pension accounts (company provided), which we changed into a dividend portfolio in 2015-2016.
- Sold selling many (Dutch) dividend shares in 2017 (reinvested in Real Estate).
- we made a few mistakes when we started with the dividend portfolio, which costed a fair amount of money. Those mistakes were made primarily in 2015-2016 (rookie errors like chasing yield).
- Major shuffle in 2018 to only keep the more stable and growing dividend shares.
Dividend Stock Overview
Our dividend portfolio now contains 35 companies + one ETF with a total of 8.258 shares.
The portfolio looks like this:
Dividend Sector Breakdown
When you breakdown the previously shown dividend stock overview by sector, it looks as follows:
How was your 2018? Did you set a new record? What’s the goal for 2019? Let me know!