I know, I know.. it’s a little early to post the income for the month of January on the 28th of the month but with only two trading/bank days to go until the end and the small number of ETFs in my portfolio, I am very confident that this is it for January.
Also, January is one of the slowest months of the year for me. Is that also the case for you guys? I do not hold many ETFs anyways but only a few of them pay dividends in January. Even of the three funds that pay me on a monthly basis, one decides that it is better to pay twice in December and then not at all in January. Either way, let’s get this month into the books and then move on to the better ones that usually follow. So, the grand total for January was USD 36.74 and EUR zero. This result was achieved by three ETFs from my portfolio. The two Global X i.e. their SuperDividend and their SuperIncome ETFs. While the former kept its dividends per share flat, the SuperIncome increased its dividend slightly from ca USD 0.07 per share to ca USD 0.08. I use the ca because the dividend per share is actually stated to five decimals on top of which the numbers that I state here are after tax. So, from my perspective, SuperIncome increased its dividend by about 14%. Nice! Let’s see if they an stick to this level for the remainder of 2017.The third ETF that paid me in January was the iShares MSCI Pacific ex-Japan. I did not own this fund in the comparative period last year, so I don’t think it’s fair to mention dividend per share increases here. Of course, I entered all this information into my spreadsheet and the corresponding chart. The chart now looks like this.
What you might have noticed is that I mention a few ETFs that pay me on a monthly basis and yet, the dividend income for January 2016 i.e. last year is shown at 0. the reason behind that is that I operate with a little bit of leverage in my portfolio. The interest charge for the quarter that just ended is always deducted in the month after that. In January 2016 I for example paid the charge for the fourth quarter of 2015. Therefore, January 2016 was a net cash outflow. Therefore, I show it as a zero in the chart. this year, January was net cash positive even after paying the interest charge for the previous quarter.
So, this was my January. How was yours or are you still expecting payouts in the last two working days of the month? I am looking forward to read your thoughts.
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