A month has passed, a new month has started. It’s time for dividends again! The favorite topic of many DGI. What I like to see is good progress. However, I already know that September won’t show that. Why? Check out the results below.
Dividend income of September
This month I have 3 companies paying me dividend.
In total they paid me € 22,27 in net dividends after taxes and using the current conversion rates. See the below table!
|Wal-Mart Stores Inc.||WMT||€ 6,97|
|Unilever Cert.||UN||€ 7,01|
|Emerson Electric Co.||EMR||€ 8,29|
My dividend income for September 2016 was € 39,96 which results in a 44,3% decrease compared to last year. The reason of the decrease is quite simple. CCP has been taken over by Sabra Healthcare. Due to this deal I know hold Sabra stock instead of CCP, but Sabra pays in February, May, August and November where CCP paid in January, April, July and September. In other words. The months where CCP paid will all be reduced in dividends since CCP was a great dividend payer.
Besides that the weaker Dollar is not helping me either. Wal-Mart and Emerson paid less in Euro’s compared to last year while they pay more in Dollars. This is due to the currency exchange effect. But since I maintain my dividends in Dollars this does not really effect me. It’s just that the figures look less good.
There where no dividend increases this month.
Contributions and purchases
I added € 400,00 in cash to my dividend portfolio.
I added 55 shares of Hormel Foods to my portfolio. This buy adds € 26,41 in net dividends per year to my portfolio. You can check out the details here.
September was a month with mixed feelings. The companies that paid me all increased the dividend compared to last year, but due to currency exchange effects I can’t see the effect in Euro’s. Than you have the deal between CCP and Sabra. We have to see how this will play out in the long turn but one thing is for sure. It messed with my dividend scheme. That is not a problem, but it never feels good to have less dividends than the year before..
How was your month? Are you happy with your dividend income? Have you made any new buys or did you receive dividend increases?
Don’t hesitate to leave a comment!