Monthly update: February
For the second month of 2018 I struggled a lot.. There have been a lot of dips and I did not have enough money to get more invested. It was frustrating but in a sense it was also great to get both my legs back onto the ground and not put all my savings into the stock market.
I’ve transferred €1045,69 to my broker in February, ideally it would have been more.. But not every month can be a homerun.
–On the 2nd of February I bought 8 shares of Apple for $164,73 including fees. I decided the drop of 3% was enough for me to get into this behemoth with +$200 billion in cash. I am looking to increase this position to a core position in the future when the price drops significantly and I have some cash on hand.
This acquisition added a net yearly $17,14 to my dividend income.
–I sold my 20 shares of Nike on the 21st of February for $67,31 after fees, I had the shares a little over a year and decided to take a 26,63% profit ($285,78) including dividends. I think of Nike as one of my long term core positions, although as my portfolio just started and Nike was a relatively small position with just 1,49% YoC bringing in $3,40 every quarter (after their most recent raise). I decided to take 21 years worth of dividends to raise some cash to increase existing positions or add a new position with my free, extra $285,78. I will definitely look at Nike in the future, hopefully at a slightly more yielding price. This decreased my net yearly dividends by -$13,60.
–On the 23th I bought 18 shares of Sanofi on the Paris stock exchange for €65,06 including fees,this totals €1171. This improves my currency diversification and my net yearly pay out in Euro by €46,36 to €141,05. Sanofi is a pharmaceutical company which I wrote a piece about in my ‘Watchlist Update: February’ post. The yield on cost is 4,66% and their entire dividend will be paid in May, all at once.
This results in a change of +€46,36 & +$3,54 yearly dividends, and a realised profit of $285,78.
-Pepsico raised it’s annual pay out to $3,71 from $3,22 last year, a 15,22% increase, on my 10 shares this added $4,90 pre-tax to my annual income. This was twice as much as I expected, I guess those new tax laws will give us investors quite a bit more yearly income, thanks! This increases my YoC to 3,65%.
-Gilead raised it’s annual pay out to $2,28 from $2,08 last time around, a 9,60% increase, on my 15 shares this added $3,00 pre-tax in yearly dividends. Gilead continues to increase their yearly distributions by around 10%, this is enough for me while the company keeps searching for potential take overs of other companies. They are currently sitting on a lot of cash and need to improve their pipeline, so low double-digit increases are all I can ask for currently. This increases my YoC to 3,11%.
-Ahold Delhaize raised it’s dividend to €0,63 from €0,57 before, this represends a 10,53% raise. On my 70 shares this adds €4,20 pre-tax to my yearly dividends and gives me a YoC of 4,14%.
Net February dividend increases: €3,57 and $6,72
The total net dividends for February were:
Making for a total of €75,18
These are the companies who contributed to my February dividends:
This comes down to a 355,91% increase YoY.
Looks like some solid DGI at work! Can’t wait for next month already!
This month I read ‘Pour your heart into it’ from Howard Schultz&Dori Jones Yang. The fantastic tale of Howard Schultz building up Starbucks. Very inspiring to read how a kid from a ‘hopeless’ childhood made it this far with not just an eye for money, but an eye for treating people right. It’s all about the heart and soul of the company, how to expand a company nation and even worldwide without losing your roots. A great inspirational read and it definitly makes me proud to own 40 shares of Starbucks myself!
Up next will be ‘Onward’ by Howard Schultz to continue the story of Starbucks.
Thank you for reading, I hope your February was just as great!
Let me know what you think!