The December 2017 Dividend Update is commonly one that stands out, in a positive way, right? But not this year! Since we have been shuffling money around from stocks into real estate, we actually ended up going down. Let’s have a look, shall we?
Monthly Dividend Update
As noted in previous posts, we have sold all our core Dutch dividend shares now (RDS, UN and AH). But we still received the dividend from UN (for 200 shares). We now only hold dividend shares in our Canadian pension accounts. The one-year plan is to focus on the real estate side of things and keep the current asset distribution for now.
We are also planning to “clean up” the dividend shares within the Canadian pension accounts. We need to focus on actual dividend growth shares (and stop chasing yield). So we did a “detailed” assessment for 2017 with the following results:
- We now have 39 different Canadian shares;
- 28 of these continued to raise their dividends (keep these and expand positions!);
- 9 did not change their dividends (primarily REITs, which we will keep for DRIPs; others we will sell); and,
- unfortunately 2 cut their dividends (sell these!).
The short term goal is to sell 3 stocks (CJB, WJA and ET; at set trigger levels) that maintained their dividends. One stock that cut their dividend (POT) is now already converted into a new stock, which we will hang on to for now. The other stocks are still under review.
The money received will be redeployed into new positions or will be used to increase positions in actual dividend growth stocks.
All the dividend deposits received into the bank accounts (correct for exchange rates) sum up to a total dividend income of about €588. This is a decrease of 6.0% compared to last year. Still overall dividends for the year grew by 29.3%!
The stats for last month:
The graph below is showing the yearly dividend totals for 2015, 2016 and our final dividend total for 2017. We received over €7220 in dividends in 2017. But we are not going to get close to this in 2018! The sale of the Dutch shares will make sure of this.
Dividend Stock Overview
Our dividend portfolio contains 39 companies with a total of 9.520 shares (down 787 shares from a year ago). As of January 2018, without any buys or sells, we will have 38 as POT and AGU will merge into one company.
The portfolio looks like this:
Dividend Sector Breakdown
When you breakdown the previously shown dividend stock overview by sector, it looks as follows:
How did you do in the final month of December?