December 2016 Dividend Update

December 2016 Dividend Update

Another (dividend) year has come to a close, and what a year it was! We were able to pretty much reinvest all cash from sales of ETF’s. These were part of a company pension package, we did not like it and decided to sell at their highs in 2015 and start to manage ourselves. We also used some cash from our home sale to sink into (primarily) dividend stocks.

We reinvested the cash gradually over the course of one year, as we needed time to research and select stocks we think should help us in the long run. Albeit we made some mistakes and corrections, the portfolio we have now will remain and be slowly expanded in 2017.

For December 2016 we got just over €642 in dividends, which included a nice one-off bonus dividend from Evertz Technologies (ET). This (bonus) dividend was DRIP-ed and added 12 more shares to this holding. Nice! Purchases for the month included some 50 shares of AH (Ahold).

The usual breakdowns are provided below for your entertainment and curiosity:

The Dividend Portfolio

Our portfolio includes 45 companies with a total of 10307 shares and looks something like this:

The Sector Allocation

And if you breakdown by sector, it looks as follows (seems pretty diversified, but there is a bit more work to be done):

The total dividends received in 2016 was a very nice €5.591. Let’s see if we can increase that for 2017 ;-).

How was your Devember and the whole of 2016 from a dividend perspective? Were you pleased with the results?

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26 comments

  1. Congratulations CF!

    Nice Dividend Yearly Income !! It matches with my yearly income of dividends.
    Look forward to read more content and your passive income goals for 2017. You can read our 2017 goals at my new blog. If you want some tips for travel, you can find it there too))

    All the best for 2017 !

    Dividend Cake

  2. Great numbers for the month of December. Of course, seeing that impressive year over year gain just proves you are headed in the right direction. Look forward to following you in 2017!

  3. Nice job CF, you’ve had another really impressive rise in income. I love seeing the month to month comparisons and seeing exactly how much you’ve killed it 🙂

    We didn’t get any dividends this December and we’re going to total up our dividends for 2016 soon. We’re happy with how it went, hopefully 2017 is going to have a huge boost.

    Tristan

  4. Very nice results! For me it looks like that your smallest monthly dividend income in 2017 will exceed the highest one of 2015. Compounding is just beautiful 🙂

    1. Looking forward to it! Btw, actual yield on shares is 4,48%. But because the invested principle changed dramatically over the year, the net yield calculates a bit lower….

  5. Nice ramp up and income stream. Well done guys! En Beste Wensen!

    How does withholding tax feature in the numbers presented? I’m still trying to get my head around how it works in relation to Dutch tax-code. As I recall, you said that 15% of the withholding tax can be offset against the tax on deemed-income here in NL (wealth tax).

    FWIW, we don’t currently have any consistent dividend income. Some stocks I hold might pay a dividend, but it’s incidental/cream-on-top.

    Cheers, Cameron.

    1. Thanks, Cameron. You too!
      Withholding tax is included in the Dutch stock (ie we use the after tax values received in the account). The Canadian shares are held in a retirement savings account, we pay no withholding tax on dividends here or other taxes on wealth in the accounts. But will pay income tax (box 1) once we take money out of it. Canada will already claim 25% tax, the Dutch goverment any remainders.
      When we calculate the wealth tax we owe on our box 3 investments, we can reduce that by the amount paid for withholding taxes. It is as simple as that, but don’t forger to claim this reduction for previously paid taxes!

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