Dividend Income Update – February 2017

Two down, ten to go. Like or similarly is pretty much what I feel like when I look at my dividend income. It can not come quick enough. However, investing is more like watching grass grow or paint dry. Probably looking more often at your portfolio, does not make the income come any faster. Anyway, here comes the dividend income update for the month of February.In summary: February was a good month. My dividend income increased by 53% compared to last year at a total of 73. Unfortunately, February did not bring me any close to my goal of a certain amount of months in which I am paid more than EUR 100 (black line). Luckily, there are still plenty of months in which this should happened and I have high expectations for the summer period.

dividend_income_2017_02

Out of those 73 I received in February about 47 were paid to me in EUR and the remained in USD. Two funds paid me in EUR and three in USD. The table below provides a full breakdown of what has been going on in February 2017 vs 2016. As you can see, I exited one investment that paid me last year. This largely explains the smaller amount of USD that I received this year vs last. Also, the Global X SuperIncome ETF decreased its payment slightly compared to last year. On the plus side, I added to my position in iShares US Preferred Stock as opposed to Feb 2016 which compensated quite some of the missing income from last year’s position in the KBW High Dividend ETF. To be honest, as the KBW ETF paid me monthly, this negative impact is to stay with me for multiple months to come before it annualizes because I only sold the position recently due to outrageous costs.

In EUR, Kempen’s dividend fund actually increased its dividend per share which increased the amount I received from this fund. Also, The SPDR S&P Global Dividend Aristocrats increased its dividend per share on top of which I added to this position not too long ago. This double whammy, resulted in almost five times the income from this holding as opposed to last year. Nice!

dividend_income_2017_02_breakdown

Something that I have come across at fellow blogger divicents that I really liked is the question what you could have done with this income. Well, EUR/USD 73 does not buy you much or does not cover much of my fixed costs yet. However, it would easily buy me Season 1 & 2 of the show Outlander on Blue Ray. Do you know it? It is quite rough at times and also includes a lot of sex scenes so it is not for the faint hearted but I really enjoyed watching it. It takes place in the 18th century in Scotland and tackles a love story set against the background of the Scottish uprising against the English. Alternatively, my dividend income of 73 for February translates into almost 0.46 per hour at 20 working days including 8 working hours each. This is nothing you can retire on yet but I am also only in year three of my journey at this stage.

So, in conclusion, I think February was a good month but I have to keep working on my income if I want to make my goals for 2017. How was February for you? Any nice dividend increases?

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