Wednesday, July 19, 2023

Dividend Income - June 2023

 



June is over, July is more than halfway through and the second half of the year is underway. In June 2023 my portfolio dividend income was as follows:






My Total dividends in June are €2,957.55 ($3,208.20). After taxes, my net dividend income is €2,196.51 ($2,382.63). In year 2022, my net dividend income in June was €1,948.07 ($2,058.33). My portfolio's net dividend income increased by €248.44 or 12.8% to compared the same month of previous year. Compared to the previous year, there have been several changes to the dividend income of June: Four new dividend payers have joined to the portfolio, namely NN.AS, ARCC, LYB and PPL.TO and GLNG reinstates quarterly dividend . Additional purchase such MAIN, O, MFC.TO, ENB.TO and FTS.TO. Compared to a year ago, the holdings also included some nice dividend increases like AVANCE.OL, NEE, TGT, HD, AMGN, MCD, V and ADM but unfortunately also dividend cut from INTC, VFC and SDIV.


This net passive income of €2,196.51 means that I received a reasonable €73.22 every day or €3.05 per every hour during June, no matter what I did. For the first six months of the year, the corresponding amounts are are €63.67 per day and €2.65 per hour.





This month's dividend increased my cumulative net dividend income € 145,839.46.




Net income / expenditure


  • Net passive income for June was €2,196.51, for the first half of the year it totals €11,524,57


  • Total expenditure for June was €1,642.39, for the first half of the year it totals €8,704.13


  • The result for June was €554.12, for the first half of the year it totals €2,820.44



I have now collected 51.2% of my target net passive income for this year, which is € 22,500.00. After a few dividend cut announcements such as AQN, INTC and VFC and the weakening of the dollar, it is already clear that I will not reach my target in euros this year. At the moment it looks like I will miss my target by about €1000.


You can follow the development of my dividends here.


Full Disclosure: Long on above mentioned stocks.


Thanks for stopping by!


No comments:

Post a Comment