Monthly update: September
September is behind us, which means that 3/4th of the year has already passed. I remember the first day of my full year as a Dividend Growth Investor like yesterday. My first full year has been nothing short of awesome, and I can’t wait to show you how my portfolio will keep spitting out cash until the end of the year. But first, let’s review September!
-Dividend income: €89,09
-YoY income growth: 70,87%
-Added shares of ASML, BABA and JD
-Sold all my shares in OHI
-Received one dividend raise, a whopping 0,2% from Realty Income
-I sold my 52 shares of Omega Healthcare Investors, after having reaped the amazing dividends for more than 1,5 year I decided to sell my position with a small profit of around 20% including the dividends. The reason for the sell was the added risk to the stock, I didn’t like how it was by far my riskiest position and all the numbers in their reports kept declining. I decided to pull out a little profit and invest it in companies that I believe can give me much more growth in the (near) future.
-I added another 87 shares of JD.com, when the CEO was accused of rape in Minnessota the stock tanked a few days in a row. Mr Liu was released without having to pay bail and was allowed to return to China immediatly and it seemed like an overblown story. Along with the trade war tensions and the entire Hang Seng index the stock kept declining and offered a great entry point. Long term the business of JD still promises a lot of return to their investors. I now have a position of 180 shares. I’m not looking to expand this non-dividend position in the near term.
-Along with JD I decided to add another batch of Alibaba, I was writing an extensive analysis on them which got me more and more convinced that it’s a ‘must-have company’ for the coming years. As international trade tensions ran up Alibaba’s price declined beyond the $160 mark and I decided to add 15 more shares, making for a total position of 35 shares. I’m not looking to expand this non-dividend position in the near term.
-I also decided to add some Dutch orange to my portfolio, I added 15 shares of ASML when they hit the €160 mark. ASML is a company that makes machinery that allows all the popular chip/semiconductor companies to make their amazing chips. Their closest competitors are Nikon and Canon. I think it’s a great play to the popular semiconductor sector, to invest in the companies that provide them the materials/machinery. ASML pays a small dividend once a year and grows the dividend quite fast every year. I’m considering adding to my position if the share price allows it.
So far my line of credit has bought me:
- 147x JD.com
- 100x AT&T
- 35x Alibaba
- 25x Philip Morris
- 15x ASML
In the near future I’m looking to add Royal Dutch Shell and/or AbbVie when the price is right. Currently I earn still earn more dividends that I pay interest on my credit, even when my biggest positions (BABA/JD) don’t pay dividends at all.
To read more about my use of credit click here.
The total net dividends for September were:
Making for a total of €89,09
These are the companies which contributed this month:
Thank you for reading, I hope your September dividends were just as great as mine!