Welcome to December! Yup, I’m bringing these back. Not because we are actively investing in dividends shares, because we don’t (all cash is going to a money pit!). What I do like to showcase is the organic growth from a legacy portfolio started in 2015/2016, with no contributions since! For more history on what & how, see also our dividend portfolio page, this explains some other graphs below. Without further ado, here is the 2022 November Dividend Update.
Dividend Income
November is typically a very slow month as you can see in the graph below (relatively few companies distribute dividends in the cycle Feb., May, August, Nov.). But in Euro terms, it still brings in more than €544 in money we didn’t have to work for. I call that a win. That being said, I’m very much looking forward to December!
Now, if you look at the YTD income, it starts to look like some serious income already! Mind you, this portfolio is currently our self-managed actual pension. So, it better improve on a yearly basis otherwise we are screwing future (retired) selves. Albeit we can access this money before age 65, we don’t want to touch this until we have very little Box 1 income.
If you take out the European shares we shortly held back in 2016/2017 (leaving Canadian shares only) and take away the Exchange rate fluctuation, you get this:
Want to see more of these pretty graphs, have a look at what Bob did! That’s just pure Dividend porn.
Sector distribution
We have a fairly conservative portfolio with many boring companies. When you plot them in a pie chart, you get this:
We are currenlty happy with this distribution, but there are definitely changes expected in the future. Primarily depending on whether we all get serious with our carbon emissions. It is perhaps not a bad idea to take some profit from the energy sector and increase holdings in the financial sector.
Dividend Portfolio Details
Our dividend portfolio is held in two tax deferred accounts in Canada (RRSP’s). The current value before any withholding taxes and stock overview is provided below:
