Welcome to a new report of my Dividend Diary on the TEV Blog. Here, I report the development of a cash flow-oriented investment approach that focuses on generating a passive income through dividends. Against this background, the goal is not to outperform the market but to put food on the table through a regular income via dividends.
With the Dividend Diary, I document how a cash-flow investment approach can be part of well-balanced wealth management. To keep things simple, I have built three pillars:
- Active income.
- Passive income.
- Conversion.
Dividends fall into the last two categories. They are passive because they provide a cash flow without me going to work. Additionally, they are an essential pillar for conversion since they can be reinvested to generate even more income in the future. That is the Theory. Now let’s get down to practice.
My monthly income with dividends in April:
This month, my cash-flow approach generated the following income through dividends:
- Automatic Data Processing (25.26 EUR)
- PepsiCo (21.39 EUR)
- Best Buy (14.65 EUR)
- Iron Mountain (16.91 EUR)
- Kimberly-Clark (26.73 EUR)
- Merck & Co. (21.16 EUR)
- Deutsche Telekom (168.14 EUR)
- Leggett & Platt (34.78 EUR)
- Realty Income (20.23 EUR)
- Main Street Capital (8.94 EUR)
- Alexandria Real Estate (20.82 EUR)
- Valmet (60.31 EUR)
- Diageo (38.71 EUR)
- Swiss Re (208.51 EUR)
- Cisco (27.59 EUR)
- Amdocs (11.26 EUR)
- Altria (24.74 EUR).
The total monthly income with dividends in April (after taxes) was: € 750.13 / appr. $ 802
Dividend income report check
Compared to last year, the performance was okay (+ 14 percent YoY). Overall, the development looks like this:
Stocks I sold in April
I sold all of my Solventum shares.
Stock purchases in April
I bought more shares of great companies via my already existing automatic investment plans:
- AbbVie
- Amdocs
- Alexandria Real Estate REIT
- Automatic Data Processing
- Bristol-Myers Squibb
- Cboe Global Markets
- CVS Health
- Diageo
- Extra Space Storage
- Emerging Markets ETF
- Generals Mills
- Japan ETF
- Kontron
- Mensch & Maschine
- PepsiCo.
- Realty Income
- Snap-on
- Qualcomm
- Williams-Sonoma
Pfizer(paused in February)Cisco Systems(paused in January)General Dynamics(paused in January)IBM(paused in January)Henkel(paused in November)Mayr-Melnhof Karton(paused in December)Siemens(paused in December)Stemmer Imaging(paused in January)USU Software(paused in January)Unilever(paused in November)Valmet(paused in December).
