Wednesday, September 3, 2014

Dividend Income August 2014

In August 2014 my portfolio dividend income was as follows:

Annual dividend received from:

Gazprom OAO (OGZPY) - €89.50 ($119.22)

Quarterly dividends received from:

AT&T (T) - €85.50 ($115.00)
Alerian MLP ETF (AMLP) - €106.50 ($142.00)
Kinder Morgan Inc. (KMI) - €56.44 ($75.25)

Monthly dividends received from:

Global X SuperDividend ETF (SDIV) - €53.83 ($72.30)
American Realty Capital Properties Inc. (ARCP) - €20.31 ($27.08)

My Total dividends in August are € 412.08 ($ 550.85). This year, Russia suddenly took a 30% withholding tax on dividends paid by Gazprom. Finland is likely to compensate me only a normal 15%, which is in accordance with the international tax agreement. It seems that the total tax rate for dividends paid by Gazprom will be comfortable 40.5%! 

After all tax payments, my net dividend income is € 281.86. In year 2013, my net dividend income in August was € 110.49. My portfolio's net dividend income increased by 155% compared to last year in August.

This month's dividends increased my cumulative net dividend income € 14,293.93.

My total net dividend income for this year are now € 5,310.70.

My goal is to receive € 6.000 in net dividends for this year.

You can follow the development of my dividends here.

Photo Credit: iosphere/


  1. uuh you have to be pissed of that 40.5% sounds mm Russian ? :D

    1. Hi ANHA
      Yeah, I think that these dividends were the last ones from Russia, which Gazprom sent to me! :)

      Thanks for stopping by!

  2. Congrats on the dividend income, DH.


  3. DH,

    That's a fantastic month right there!

    That tax from Russia stings a bit, but I'm glad you can recoup some of it from your government. I'm usually able to recoup such payments, depending on the originating country.

    You're having a great year. Looks like you'll easily exceed your goal. Keep it up!

    Best regards.

  4. Looking good. Keep grinding forward. Lil bit down but you should have a good Sept.

  5. Hello Hawk! Like your blog a lot! Thanks for your work. But I find it difficult to read white text on black background. I would spend a lot more time reading here if it was black on white...

    Also studies backs this:

    "However, most studies have shown that dark characters on a light background are superior to light characters on a dark background (when the refresh rate is fairly high). For example, Bauer and Cavonius (1980) found that participants were 26% more accurate in reading text when they read it with dark characters on a light background."

    Reference: Bauer, D., & Cavonius, C., R. (1980). Improving the legibility of visual display units through contrast reversal. In E. Grandjean, E. Vigliani (Eds.), Ergonomic Aspects of Visual Display Terminals (pp. 137-142). London: Taylor & Francis

    "People with astigmatism (aproximately 50% of the population) find it harder to read white text on black than black text on white. Part of this has to do with light levels: with a bright display (white background) the iris closes a bit more, decreasing the effect of the "deformed" lens; with a dark display (black background) the iris opens to receive more light and the deformation of the lens creates a much fuzzier focus at the eye."

    Jason Harrison – Post Doctoral Fellow, Imager Lab Manager – Sensory Perception and Interaction Research Group, University of British Columbia