And again a year has passed. I just can’t believe that I already completed the 2nd year into my journey. Time goes by so fast! And although I still have a bit of a baby portfolio I can already compare my portfolio and it´s dividend income to 2 years. When you do that you can see amazing growth which means that a small snowball is gaining momentum. And that´s why we invest, isn´t it?
As said already, the year has passed 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. Now on to the Dividend income of December!
Dividend income of December
December is the last month of the year and with that the last month of the quarter as well. My dividend payment schedule is changing now that CCP changed to SBRA. The first and third month of the quarter will be slower than before. The second month however will be much bigger. So next year I will see some huge increases in the 2nd month and maybe setbacks in month 1 and 3 depending on what I am buying. With that said it’s time to move to the dividend that is paid to me this month:
My dividend for December is € 15,26. As stated before it’s not a big payment because CCP is no more. Besided that Walmart also pays in the 3rd month 2 times a year. However, the other 2 times they pay in the 1st month, so I expect my Walmart payment in January.
My dividend income for December 2016 was € 15,50 which means that I reduction of 1,5% compared to last year! However, this is only due to currency exchange rates for my Emerson payment. Both Emerson and Unilever increased the pay out and in december of 2016 the same companies paid me a dividend. If we look at the increases, then Unilever had a great increase compared to last year. Emerson had a small increase. But still a nice result.
This month Emerson paid its new dividend of $ 0,485 per quarter. Compared to the previous payment of $ 0,48 per quarter this translates to a 1,0% increase in payments. Another minor increase just like last year. However although disappointing, that was predicted. I do hope that the pace of increases will pick up next year. We will wait and see.
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 € 1.986,00. I am still looking for places where I can put the money to good use, but with the run up of the last month it’s hard to find those places. Europe and Canada would have my preference, but I won’t let a good chance in the US pass by when I see it! Especially now that the dollar is weakening again which means I can buy more dollars with my Euro’s. We will continue searching in January and see if I can find some nice companies with good valuations!
If someone has a golden tip for any European or Canadian stock, then don’t hesitate to mention it!
I purchased nothing this month.
My dividend income of December was roughly the same as last year. The same companies paid me and both increased the dividend. However, due to currency exchange rates the increases don’t show up in the total payment. Although I don’t care in which month a company pays me dividend it would be nice to have some additional income in month 1 and 3 of the coming quarters.
How as your month of December? Are you happy with the full year results? And how do you approach the next year? Do you have a good tip for European or Canadian stocks? Don’t hesitate to leave a comment below!