As the year is coming to an end and November is already over halfway through, it's time to report my dividend income. In October 2021, the dividend income for my portfolio was as follows:
My October dividend was a total of € 2,259.60 ($ 2,618.15). After taxes, my net dividend income is € 1,672.06 ($ 1,937.41). In year 2020, my net dividend income in October was € 1,498.87 ($ 1,759.49). My portfolio's net dividend income increased by € 173.19 or 11.6% to compared the same month of last year. Compared to last year, there are three new dividend paying companies in my portfolio, such as NDA-FI, EIX, and TRP.TO, additional purchases such as AQN.TO and a few closed positions such as VTR and IPL.TO. Unlike in previous years, TELIA paid its dividend in November this year.
This € 1,672.06 net passive income means I got a comfortable € 53.94 every day or € 2.25 per hour during October, no matter what I did. By the end of October, these numbers are € 51.72 per day and € 2.16 per hour.
This month's dividend increased my cumulative net dividend income € 109,081.56.
By the end of October I will have received passive net income of € 15,723.027, 87.4% of my target net passive income for this year, which is €18,000.00. At the moment, it seems that I will achieve my goal unless there are any unpleasant surprises for the rest of the year.
You can follow the development of my dividends here.
Full Disclosure: Long on above mentioned stocks except VTR and IPL.TO
Thanks for stopping by!
Dear Dividenden-Hawk,
ReplyDeletevery impressive numbers. I hope to be able to post such numbers someday. Since I think I'm still at the beginning of my financial career (I'm 25 years old) I wanted to ask you what you think makes more sense. Currently I buy individual dividend stocks - similar to you. However, I often think about whether it doesn't make more sense to invest in an MSCI world ETF at the beginning, since the dividends are directly reinvested and thus also tax-free for the time being. what do you think about that?
Thanks in advance and best greetings from germany!
Nico
Hi Nico and thanks!
DeleteI'm sure you can do the same, as you said you're young and just starting your career. Personally, I started out investing in funds, but as my interest in investing grew, I slowly moved into individual stocks. Low cost ETFs are very good choices, they give you good diversification, possibly a tax advantage as you mentioned and save you the difficulty of picking individual companies.
Thank you for visiting!
DH
Quite a few payouts on the verge of going triple digit € payouts. Your portfolio is progressing extremely well.
ReplyDeletewow great stuff hut.
ReplyDeletehuge totals love the addition of TC energy and all those canadian stocks.
keep it up
cheers