March 2016 Dividend Update

First off, a small correction for the February number, it was adjusted downwards as one set of newly purchased stocks registered after the dividend cutoff, so that first new dividend won’t come in until May (it was only about 9 euro’s, so not too bad). We have several shares that register on one of the last days of the month. We (try to) wait until we have received all dividends into the investment accounts before we report the final incomes from Dividends.

As you can see below, March was a killer for us! Mainly due to RDSA, which contributed about €153 to the total (after taxes) and a (one time) bonus dividend of ~€65 from the Chesswood Group. Nice unexpected surprise!

Below you can find a quick overview of the total monthly dividend payouts for 2015/2016:

Here is an overview of our dividend stocks (we currently have 37 36 different stocks):

20160401 Dividend Overview

If you group the above dividend stocks by sector, the distribution of our portfolio is as follows (based on market value at close of markets on March 31, 2016):

20160401 Dividend Stock by Sector

So, what happened in March? Well no new stock purchases, that is for sure. However, we did sell both UNA and RDSA right after we received their dividends. Why? Simply because we wanted to capitalize on some of their capital gains due to share price increases (ended up making about +10% on the UNA shares after fees).

However, last Friday and last Tuesday the market on Amsterdam got a hit, and we ended up buying both stocks back (in multiple transactions) with a discount between 3.5-6.5% compared to the highs we sold them for earlier. We only did this after re-evaluating our cash position for our pending Real Estate adventure and realizing March had a good run upwards. We are not really the gambling types, but will try to capitalize on an opportunity if it presents itself 😉

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18 comments

  1. Hey team CF. You guys are doing awesome. Keep it up! Steadily, you guys will rock it, as long as you stay consistent and persistent. I’m happy for your progress and great March!
    Thanks for sharing and Cheers buds.

  2. That is a nice dividend income!
    Looks like you made a nice move on RDSA and UNA. Do you do that often? It is always nice to lower your cost basis.

    Did you already the case that you missed a dividend due to this?

    1. No, we don’t do this regularly, this time around it just seemed like the time was ripe. We are not planning to do this again in the near future. And no, we have not missed a dividend because of this, as it is not part of the core dividend growth strategy. Maybe we should make this our play money (extra large positions in both shares and play a bit with a portion of it).

      1. Hey Mr. Tako,
        Sure do hope that the total income will get to the thousands 😉 But it won’t be coming from dividends only. For the foreseeable future, dividend income will probably average around €500 a month, about €120 from crowdfunding and about €1000 from real estate (after expenses).
        Hope that you are still enjoying the holiday in Hawaii.

    1. The Canadian stocks are good dividend payers, but RDSA is just plain ridiculous! Not sure how long they will be able to maintain it.

  3. Always love reading these updates as they continue to prove to me that dividend investing is the way to go to build up a passive income stream. Nice sum from RDS by the way. Do you plan to get back into that name down the road?

  4. Great job. Some real nice passive income. Keep up the good work!
    I’m womdering how do you calculate your dividend. Income when you drip (UN and RDS).

    I calculate it by multiplying the bruto dividend with the number of shares drippd.

    Cheers,
    Pollie

    1. Hey Pollie,
      For UNA it was easy as the amount was paid out in full into the investment account and one new share was purchased that same day. As for RDSA, your calculation would be correct (plus the little bit of extra cash that remains). We also only get to see the amount of shares dripped + a small cash amount, but it is not shown at what value the new shares where purchased.
      Cheers!

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