September 2017 Dividend Update

Quick look at the September 2017 Dividend Update, which was good as you can imagine as many companies pay in September.

Monthly Dividend Update

Not much to report, no purchases or selling this month. We continue to DRIP as many shares as possible (no fees and some share price discounts!). These include the usual monthly dividend payers such as (and a few quarterly payers too such as RDS.A and UN):

  • AAR.UN (REIT);
  • CJR.B (Communication Services);
  • CIX (Finance);
  • DRG.UN (REIT);
  • LIQ.UN (Consumer Staples);
  • SJR.B (Communication Services);
  • HR.UN (REIT); and,
  • PLZ.UN (REIT).

Don’t forget to check out the community updates at the Dividend Diplomats and Easy Dividend.

September Dividends

All the dividend deposits received into the bank accounts (correct for exchange rates) sum up to a total dividend income of almost €842. This is an increase of about 46.3% compared to last year. This is mainly driven by having a position in ABN and way more RDS.A shares this year. So it’s not a very representative increase.

The stats:

September 2017 Dividend Update - Dividend Income

September 2017 Dividend Update – Dividend Income

The graph below is showing the yearly dividend totals for 2015 and 2016, and a year-to-date dividend total for 2017. We are so close to matching last year’s dividend income!

The “Dutch” dividend income (AH, ABN, BOS, UNA and RDSA) are all after taxes (15%). The rest are held in RRSP’s and are not taxed (we will pay withholding tax when we withdraw from the account, but the dividends are not taxed themselves).

September 2017 Dividend Update - Yearly Dividend Overview

September 2017 Dividend Update – Yearly Dividend Overview

 

Dividend Stock Overview

Our dividend portfolio still contains 46 companies with a total of 12.198 shares and looks like this (up 2.301 shares from a year ago):

September 2017 Dividend Update - Dividend Overview

September 2017 Dividend Update – Dividend Overview

Big note here as I was not able to record all stock values around month end. The above is a snap shot with the majority of the share values as per close of business on October 16.

Dividend Sector Breakdown

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

September 2017 Dividend Update - Sector Allocation

September 2017 Dividend Update – Sector Allocation

 

How was your September dividend income, were you happy too?

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14 comments

  1. Almost a new year record! Nice nice

    And I read in the press that soon you will have dividend tax? Combined with a tax free amount in Belgium could mean I need to get some rdsa and ahold shares….

    1. For you the abandoning of the dividend tax might actually be a good thing, for us it does not matte one bit as the dividend tax is corrected with the wealth tax. Not really affected by it at the end of the day, other then better cash-flow from dividends.
      Ahold might be a good buy!

  2. So, here in the U.S., the government is toying with the idea of radically reducing how much we worker types can stash into a retirement 401K. Currently it’s $18,000 per year, and the proposal is to reduce to $2,400? All this so some jackass can pay for his big-league tax cuts.

    1. Really?! That would be one of the dumbest moves every! Would also suck for the folks trying to become FIRE, the systems really works in your favor right now.

  3. You‘re really doing an excellent job! It’s great to see how fast you’re increasing your monthly dividend income. It seems like you‘ll pass the €1,000 mark in no time.

    -David

    1. Hey David,
      Thanks mate, but you might be surprised that the €1000 might take a lot longer than you think. We will likely liquidate a portion of the portfolio and reinvest in more Real Estate. After which we will likely revert back to dividend investing during/after the next market correction (using the cash-flow from the RE).

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