Monthly update: August
August has passed, eight down, four to go. Last month I’ve had a nice month where I traveled to Italy for two weeks and my girl came back with me to The Netherlands for two weeks. She has just left and now I get to fully focus on my journey to FIRE again. It all starts with this monthly update of the month August!
-Dividend income: €78,36
-YoY income growth: 109,97%
-Acquired 20 shares of Alibaba and 25 shares of Philip Morris International
-Forward dividend income projection: +5,13% to €946,80 from a prior €900,56
-Had an amazing time abroad and in my own country with the person that’s most close to me.
Positano in the region of Campania.
After activating a line of credit through my broker and writing an article about it I purchased a third and fourth company with this credit.
-Alibaba hit $180 while I was Italy and a buy order triggered, shortly after the stock price kept coming down all the way to $167 and I was ready to buy additional shares a bit lower. But since their earnings report they have bounced back to the $180’s. I ended up with 20 shares which cost me an annual $54,10 in interest costs. Alibaba is one out of two stocks in my portfolio that doesn’t pay a dividend.
-Philip Morris International has been looking good ever since their stock price came down from its highs in the $120’s. I’ve been looking at them as well as at Altria. And the latter just increased their dividends with a huge 20,4% (for the entire year). This gave me extra confidence in both companies. I decided to buy 25x PM for $79,28 (incl transaction fees) and I have an order to add to my MO position at $57,50.
So far I’ve purchased 60x JD.com, 100x AT&T, 20x Alibaba and 25x Philip Morris International. This costs me $161,37 a year, but in net dividends I receive $266,90 from AT&T and Philip Morris. So far so good!
The total net dividends for August were:
Making for a total of €78,36
These are the companies which contributed this month:
Thank you for reading, I hope your August dividends were just as great as mine!