Friday, August 18, 2023

Dividend Income - July 2023




August, the last month of summer, is already over halfway through and the summer holidays of the Hawk are also over. Anyway, it's time again to report my dividend income for the last month. In July 2023, my dividend income was as follows:






My Total dividends in July are €1,756.03 ($1,938.80). After taxes, my net dividend income is €1,301.79 ($1,437.30). In year 2022, my net dividend income in July was €1,395.87 ($1,428.64). My portfolio's net dividend income decreased by €94.08 or 6.9% to compared the same month of previous year. Compared to the previous year, there have been some changes to the dividend income of July: One new dividend payers have joined to the portfolio, namely MPW and STOR has left it. Additional purchase such EIX, UGI, BBY, MAIN, O TD:TO and CM.TO. Compared to a year ago, the holdings also included some nice dividend increases like PEP and NTR but unfortunately also dividend cut from AQN and SDIV.


This net passive income of €1,301.79 means that I received a reasonable €42.00 every day or €1.75 per every hour during July, no matter what I did. For the first seven months of the year, the corresponding amounts are are €60.50 per day and €2.52 per hour.





This month's dividend increased my cumulative net dividend income € 147,141.25.




Net income / expenditure


Net passive income for July was €1,301.79, year to end July total €12,826,36


Total expenditure for July was €1,726.31, year to end July total €10,430.44


The result for July was -€424.52, year to end July total €2,395.92



I have now collected 57.0% 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 except STOR.


Thanks for stopping by!


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