Thursday, January 13, 2022

Dividend Income - December & Full Year 2021, Goals for the year 2022


 


December, the last month of the year, has passed and with it, 2021 is already history. It's time to report my dividend income and take a look at how the year went and set goals for 2022. The dividend income for the last month of the year was as follows:

 

 

 

 

 

My December dividend was a total of € 2,007.47 ($ 2,272.22). After taxes, my net dividend income is € 1,483.49 ($ 1,679.08). In year 2020, my net dividend income in December was € 1,289.74 ($ 1,564.04). My portfolio's net dividend income increased by € 193.75 or 15% to compared the same month of last year. Compared to the previous year, there have been several changes to the dividend income of December: In year 2020 TELIA paid extraordinary dividend to shareholders in December, UNA and WRK paid dividends in November. Two new dividend payers have also joined the portfolio, namely VTRS and LMT, and one IPL.TO has left. Additional purchases WBA, PRU and MFC.TO, some nice dividend increases like TGT, UNP and TROW.

 

This € 1,483.49 net passive income means I got a comfortable € 47.85 every day or € 1.99 per hour during December, no matter what I did. For the whole year, these numbers are € 50.58 per day and € 2.11 per hour.

 

 

 

 

This month's dividend increased my cumulative net dividend income € 111,819.17.

 

 

Dividend Income 2021

 

My total dividend income for 2021 reached € 24,949.52 ($ 29,580.82), after tax payments, my net dividend income is € 18,460.63 ($ 21,888.22), so I clearly reached my target net dividend income for 2021, which was €18,000.00. Compared to the last year, my net dividend income increased by 2387.10 euros or 14.9%. The year 2021 went really well and I am really happy with the result I achieved, in fact this result means that I achieved financial independence last year. My dividend income covered my annual expenses!

 

 

 

Goals for 2022

 

 

My intention is to continue to slowly increase the size of the portfolio by reinvesting dividends in the companies I have selected and which I believe will be able to pay increasing dividends in the future.

 

For this year, I am setting a target of € 20,000 in net passive income.

 

Achieving this goal will not be easy, as the situation remains difficult in many sectors and political decisions in several countries could affect the performance of many companies and thus their ability to pay dividends. In addition, exchange rate movements will have a major impact on the achievement of the target, as around 75% of my passive income comes in currencies other than the euro.

 

You can follow the development of my dividends here.

 

Full Disclosure: Long on above mentioned stocks except IPL.TO

 

Thanks for stopping by!

 

5 comments:

  1. Congrats on a great December and great 2021! Nearly $1.5k net is impressive and the $18k net for the year is phenomenal. I think we're close to really hitting the tipping point where dividend growth/reinvestment start doing more of the heavy lifting. New capital will still play a role, but we're inching up close to $10k in forward dividend income which is a pretty sizable mark. Barring really adverse FX I bet you handily beat the $20k mark for 2022.

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  2. Boom! FI saavutettu, hyvä Haukka!

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  3. I have been following you Hawk for years and finally you made it, congrazt! One eay to put it, you are on FIRE!

    Last year I received 1620€ in net dividends which was 28% increase from year 2020, mostly from dividend increases and reinvestments. I am planning on adding and keeping the snowball rolling. Few years from now I am anyway able to get 4-day work week and spent more time with my son.

    Hyvä haukka as they say!

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