Friday, March 20, 2026

February 2026 Dividend Income Report – €1,835 gross, YoY dip due to Avance exit

 


 The second month of 2026 is behind us, spring is knocking on the door — perfect time for the February dividend update.



In February 2026, my portfolios generated a gross total of €1,834.92 ($2,174.74) in dividends and distributions. After withholding taxes, the net amount landed at €1,354.34 ($1,605.21).

That breaks down to roughly  

  • €48.37 per day  
  • €2.02 per hour

…passive income rolling in no matter the activity.


Year-over-Year Comparison


Compared to February 2025 (net €1,728.02), this is a drop of €373.68 or –21.6 %.The main culprit? Avance Gas (AVANCE.OL) ceased operations last year, sold its vessels to BW LPG, and distributed the proceeds as a special dividend in early 2025. That one-off windfall inflated last February's number significantly — without it, the underlying recurring income is actually holding up reasonably well (small growth from raises and added shares).




Portfolio Changes since last February


New addition

• National Retail Properties (NNN)

Increased positions (building the engine)

• ONEOK (OKE)
• JPM US Equity Premium Income (JEIP.DE)
• JPM Nasdaq Equity Premium Income (JEQP.DE)

Exited / wound down

• Avance Gas (AVANCE.OL)

Notable dividend increases

Several core holdings hiked payouts — Unum Group (UNM) delivered a particularly nice bump.


Where the money came from in February 2026


Biggest quarterly payers this month  

  • Telia Company (TELIA.HE) → €165.35  
  • Verizon (VZ) → €145.13  
  • AbbVie (ABBV) → €117.23  
  • Royal Bank of Canada (RY.TO) → €121.87  
  • ONEOK (OKE) → €99.01


Monthly payers keeping the cash flowing 

  • JPM Nasdaq Equity Premium Income (JEQP.DE) → €122.17  
  • JPM Global Equity Premium Income (JGPI.DE) → €43.25  
  • Main Street Capital (MAIN) → €33.97  
  • Global X SuperDividend (SDIV) → €31.87






YTD & Cumulative Progress


January + February 2026 net dividends: €3,076.07 → Average €52.14 per day / €2.17 per hour over the first 59 days.





This month’s net contribution pushed the all-time cumulative net dividend income to
€208,293.90







With two months done, I've collected 12.6 % of the €24,500 net passive income goal for the year. Still on track pace-wise, though FX movements (especially EUR/USD) will play a big role in the final tally. 


Final Thoughts


The headline YoY drop looks steep, but it's almost entirely explained by the non-recurring Avance special payout in 2025. Stripping that out, the portfolio's organic growth (from dividend hikes, reinvestment, and new/additional positions like NNN, OKE, and the JPM ETFs) is doing its job.

March tends to be a strong month historically — looking forward to seeing how it shapes up.

Happy investing, and here's to an early spring (and fat dividend cheques) 

Disclosure: Long all names mentioned above except the exited AVANCE. No positions in anything referenced only for historical comparison.

Thanks for reading — catch you next month!


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