The last month of the year. Time has past by so fast! And the first full year of Dividend Growht Investing! I’m quite excited actually because this is the first month where I can make a comparison between this year and last year! From now on I can do that each month, so it will motivate seeing that the portfolio grows as expected.
As said already, the year has past very quickly. I think I can look back on a good year, in my private life and with my investing journey, but more on that in a later post. No on to the Dividend income of December!
Dividend income of December
December is the last month of the year and with that also the last month of the quarter. Usually the last month is pretty awesome, but this month is less then expected. That is mainly because CCP decided to pay the dividend in the beginning of January instead of in the end of December. This can give them a 2 year dividend growth streak without raising the dividend, but I don’t know if that is the motivation for them to do it like this. Oh, well, I still get the dividend. January will just look better then it would have been otherwise! Now on to the results:
My dividend for December is only € 15,50. As I stated before, CCP is a big payer that pays in January. Walmart also pays in the 3rd month of the quarter 3 times a year, but they pay in the first month 1 time a year which means that this payment also goes to January.
My dividend income for December 2015 was € 8,77 which means that I have a 76,7% increase in my dividends compared to last year! And that without the payment of CCP and Walmart. Of course in my first year where I can compare with last year I will have bigger growth percentages compared to the following years, but still, I’m happy with the increase!
This month Emerson paid it’s new dividend of $ 0,48 per quarter. Compared to the previous payment of $ 0,475 per quarter this translates to a 1,1% increase in payments. I knew the payment increase for Emerson would be small for a couple of years, so this is no surprise. However, I feel that the company is on the right path with transforming the company and I still think that most of the headwinds are external. So I expect a better performing Emerson within a couple of years which means bigger dividend increases!
If you want to know more about this increase you can read about it here.
Contributions and purchases
I added € 400,00 to my fund at the end of December. This way I am building my cash position which is now around € 1.600,00. I would like to buy a stock in Europe or otherwise in Canada. The dollar has become stronger lately compared to the Euro and for me US stocks are beginning to become seriously expensive. Also, it is good for my portfolio to have a bigger prescence in Europe and Canada. The problem however is that I don’t know any good stocks in those countries and I have some troubles getting the right information. There is so much information you can find for US stocks, but especially in Europe it’s hard to find the right companies. I already own Unilever and I don’t like Shell (even though it is a Dutch company…).
If someone has a golden tip for any European stock, then don’t hesitate to mention it!
I purchased nothing this month.
My dividend income in December was lower then expected, but it is not bad because the companies that caused this just pay in January. However, I have my first comparison with a year ago and my income for December went up with over 76% so I’m very happy with my first year result! Now to keep focused and on the right track I will make a post with my 2017 goals and plans to have a good idea on what I want to accomplish in the next year and how I will do it. Keep watching the site for more information on this!
How as your month of December? Are you happy with the full year results? And how do you approach the next year portfolio wise? Do you have a good tip for European stocks? Don’t hesitate to leave a comment below!