Dividend Income – April 2023


The fourth month of the year is over,
May is also past the halfway point and summer starts in a few weeks.
In April 2023 my portfolio dividend income was as follows:

My Total dividends in April are
€4,279.75 ($4,697.479). After taxes, my net dividend income is
€3,181.54 ($3,492.06). In year 2022, my net dividend income in
April was €4,478.04 ($4,855.924). My portfolio’s net dividend
income decreased by €1,296.50 or 29% to compared the same month of
previous year. Compared to the previous year, there have been several
changes to the dividend income of April: Changes to previous dividend
payments schedules, UPM changed annual dividends to semi-annual and
TELIA changed semi-annual to quarterly. Two new dividend payers have
joined to the portfolio, namely BBY and MPW and three FORTUM, BONAVA
and STOR has left it, additional purchase such EIX, MAIN, O and
CM.TO. Compared to a year ago, the holdings also included some solid
dividend increases like NESTE, AD, PEP, ITW and NTR but unfortunately
also dividend cut from AQN and SDIV.

This net passive income of €3,181.54
means that I received a reasonable €106.05 every day or €4.42 per
every hour during April, no matter what I did. For the first four
months of the year, the corresponding amounts are are €65.33 per
day and €2.72 per hour.

This month’s dividend increased my
cumulative net dividend income € 142,154.25.

Net income / expenditure

Net passive income for April was
€3,181.54, for the first four months it totals €7,839.36

Total expenditure for April was
€1,503.46, for the first four months it totals €5409.05

The result for April was €1,678.08,
for the first four months it totals €2,430.31

I have now collected 34.8% 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 FORTUM, BONAVA and STOR

Thanks for stopping by!

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