Author Archives: Dividends Are Coming

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Dividend growth investor

April 2018 dividend income report

Here’s a look at my April 2018 dividend report:

April 2018 dividend income:

  • Nike: 8.25EUR
  • Coca Cola: 9.38EUR
  • Novo Nordisk: 37.24EUR
  • Vestas: 31.47EUR
  • Diageo: 43.47EUR
  • PZ Cussons: 3.71EUR
  • GSK: 27.83EUR
  • Philip Morris: 47.53EUR
  • South32: 2.11EUR
  • General Electric: 2.87EUR

Adding it all up results in a grand total of 213.86EUR in after-taxes dividend income.

Dividend increases:

  • Kinder Morgan: +60% (as previously promised)
  • Unilever: +8%

New buy:

  • 17 shares of AB InBev

That’s it for this month!

Anheuser-Busch InBev CEO Brito poses with a Stella Artois beer after a news conference in Leuven

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March 2018 dividend income report

Another month with relatively little news.

March 2018 dividend income:

  • Yum! Brands: 2.58EUR
  • United Technologies: 2.98EUR
  • Hershey’s: 5.33EUR
  • McDonald’s: 4.81EUR
  • NVIDIA: 1.35EUR
  • Pandora A/S: 22.70EUR
  • YUM! China: 0.94EUR
  • Unilever: 18.01EUR
  • BHP: 15.31EUR
  • Royal Dutch Shell: 63.29EUR
  • Novo Nordisk: 11.58EUR
  • Gilead: 21.04EUR

In total, that’s 169.92EUR in after-taxes dividend income for March 2018.

Dividend increases:

  • Colgate-Palmolive: +5%

Other interesting dividend news:

France (of all places!) lowered its dividend withholding tax from 30% to 12.8%.

 

February 2018 dividend income report

Not much to report this month.

February 2018 dividend income

  • Bristol-Myers Squibb: 4.34EUR
  • Kinder Morgan: 3.65EUR
  • Colgate-Palmolive: 3.02EUR
  • Omega Healthcare Investors: 7.79EUR

February is one of my weaker dividend months and this time my after-taxes dividend income came in at just 18.80EUR.

Dividend increases/cuts

  • YUM! Brands: +20%
  • PZ Cussons: Dividend freeze
  • Novo Nordisk: +3%
  • Pandora A/S: Dividend -50% to boost the share buyback
  • Warehouses De Pauw (WDP): +6.7%
  • Gilead: +10%
  • Sanofi: +2.4%
  • Omega Healthcare Investors: Dividend freeze for rest of 2018
  • Coca Cola: +5.4%
  • Van de Velde: -52%
  • South32: +19.44% and a special dividend
  • BHP: +37.5%

January 2018 dividend income report

The last dividend of the month rolled into my account this noon.

January 2018 dividend income

  • Philip Morris: 48.14EUR
  • General Electric: 2.84EUR
  • GSK: 22.65EUR
  • Nike: 8.44EUR

In total that adds up to 82.07EUR of after-tax dividend income, which is a bit less than the 86.05EUR I received one year ago. The main reason here is the weakened US dollar and the GE dividend cut.

Dividend increases:

  • Diageo: interim dividend: +5%
  • Omega Healthcare Investors: +1.54%

diageo

New buys:

  • I added more Pandora A/S and Vestas shares.

Overall, a pretty uneventful month. How was your dividend income this month?

 

December 2017 dividend income report

The new year is almost here and I just received my last dividend for 2017.

December 2017 dividend income

  • YUM! Brands: 2.24EUR
  • United Technologies: 3.14EUR
  • Unilever: 18.23EUR
  • Hershey’s: 5.59EUR
  • McDonalds: 5.05EUR
  • Coca Cola: 9.27EUR
  • NVIDIA: 1.40EUR
  • Royal Dutch Shell: 67.92EUR
  • YUM! China: 1.00EUR
  • Gilead: 19.89EUR

In total that’s 133.73EUR from the ten companies that paid me a dividend this month. As usual, the figure I list is after all applicable taxes.

Total dividend in 2017
My total dividend income in 2017 came in at 1,495.34EUR. Just a couple of euros short of 1500EUR!

2018 dividend income to get a boost from tax refunds
Next year my dividend income will get a nice boost from the Belgian government. After several tax increases on investing, there’s now finally a nice treat for dividend investors.

It’s a bit schizophrenic to be honest, but in this case it’s good. Over the last couple of years, the Belgian government significantly increased both the stock transaction tax as well as the dividend tax. They even implemented a speculation tax, which got cancelled after one year because it actually hurt tax revenue.

The silly Belgian tax on portfolios
The budget agreement for 2018 contains two major items that affect stock investors. First up, the government implemented a tax on stock portfolios. Basically, anyone who owns over 500 000EUR (1 million EUR for  a couple) worth of securities will need to pay a tax of 0.15 percent. The goal here is to supposedly tax the rich but I think this will be another failed tax. The truly rich have more than enough methods to circumvent it so the tax base will be really small.

Furthermore, the tax is also very unfair. Someone with 499,999EUR in stocks pays 0EUR, while someone with 500,000EUR in his or her portfolio pays 750EUR. It’s total lunacy.

Tax-free dividends in Belgium!
The funny, and positive thing, is that there are also factions in the government that want to promote investing. They managed to negotiate a nice treat for dividend investors. Belgians are notorious for keeping large cash balances on savings account so some parties are pushing folks to invest more.

To keep it short, Belgian investors will be able to receive 627EUR in dividends tax-free in 2018. The plan is to increase this exemption to 800EUR from 2019. At the current dividend tax rate, this means my 2018 dividend income will increase by 188.1EUR in 2018 and 240EUR in 2019.

Unfortunately, the tax-free dividend income will need to be reclaimed via the tax return. So there will be a significant delay, I will need to pay tax on the first 627EUR in dividends first and I won’t get the money back until late 2019.

Reclaiming dividend tax from the Danish
Speaking about dividend taxes, I’m also planning to reclaim some cash from the Danish government in 2018. As I mentioned earlier on this blog, the dividend income I receive from Novo Nordisk is subject to a 27 percent dividend withholding tax. But there’s a tax treaty between Denmark and Belgium that reduces the rate to 15 percent so I should be able to reclaim the excess 12 percent.

Of course, I live in bureaucratic Europe so these things aren’t processed automatically. Governments want to charge as much tax as possible and make you jump through hoops to get back what is yours. There’s quite a bit of work, and a trip to the tax office, involved with this so I’m waiting until the figure I can reclaim gets a bit bigger. There’s a period of limitation of three years so just to be safe I’ll probably to this before autumn 2018.

Besides Novo Nordisk, I now also have two more Danish dividend-paying companies in my portfolio so it’s starting to become worth the hassle.

New buys

  • I bought some Pandora A/S shares

pandora

November 2017 dividend income report + new buys

I just received the final dividend for this month so here’s my dividend income report.

November 2017 dividend income:

  • Bristol-Myers Squibb: 4.52EUR
  • Colgate-Palmolive: 3.18EUR
  • Kinder Morgan: 3.85EUR
  • Omega Healthcare Investors: 8.12EUR
  • AB InBev: 41.44EUR

All figures are after taxes. In total it adds up to 61.11EUR, which makes it one of my lower dividend income months. Not a lot of my companies pay dividends in November or February, so those months are always a lot poorer than average.

karmeliet

Dividend increases:

  • Nike: +11%
  • NVIDIA: +7%

Dividend cut:

  • General Electric: -50%

New buys:

  • Nike: Added more shares
  • Vestas: Doubled my position on the recent drop

Weight loss progress!

Four months ago, I briefly touched on my health and weight loss efforts. I revealed how I cut back my Coca Cola consumption. Since the start of the summer, I added regular exercise to my life and made various tweaks to my diet.

The result has been spectacular, to say the least.  For the first time in my life, I can now run 5 kilometers without a lot of effort. I still remember we had to do 5km runs in high school, I was always really slow and was barely able to finish the task. These days I can run 5km at a pace of about 10.5 kilometers per hour without getting the feeling that I’ve pushed myself to the max.

I think my initial goal was to live a healthier lifestyle and reduce my visceral fat. I went a lot further than that. Fast forward half a year or so and all the pants in my wardrobe are way too large. I’ve dropped about 16kg versus half a year ago and a little over 20kg in total. When I look in the mirror I get the feeling that I haven’t looked this good since I was 14 years old. Pretty amazing feeling and it surprises me how easy it was once I set my mind to it.

October 2017 dividend income report

A really short post this time.

October 2017 dividend income:

  • Coca Cola: 9.34EUR
  • Diageo: 66.01EUR
  • PZ Cussons: 7.63EUR
  • Nike: 6.07EUR
  • South32: 1.86EUR
  • Philip Morris: 49.72EUR
  • GlaxoSmithKline: 22.43EUR
  • General Electric: 6.04EUR

In total, that’s 169.10EUR in after-taxes dividend income this month.

Dividend increases:

  • Omega Healthcare Investors: +1.56%
  • YUM! China: introduced a quarterly dividend of 10 cents per share

How was your month?