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 December:
This month, my cash-flow approach generated the following income through dividends:
- Pfizer (36.27 EUR)
- Johnson & Johnson (16.17 EUR)
- Archer Daniels Midland (10.74 EUR)
- Unilever (37.64 EUR)
- Snap-on (32.70 EUR)
- IBM (29.67 EUR)
- 3M (27.28 EUR)
- Qualcomm (27.45 EUR)
- Realty Income (16.92 EUR)
- Cboe Global Markets (3.76 EUR)
- Main Street Capital (18.75 EUR)
- Stanley Black & Decker (9.83 EUR)
- Extra Space Storage (11.90 EUR)
- FTSE Japan USD ETF (21.65 EUR)
- Imperial Brands (10.97 EUR)
- Broadcom (24.66 EUR).
The total monthly income with dividends in December (after taxes) was: € 336.19 / appr. $ 365
Dividend income report check
Great performance compared to last year (+ 32 percent YoY). Compared to last year, the dividend payouts have increased by 26 percent. Over the last 24 months, the annual dividend has risen by 115 percent. Overall, the development looks like this:
Stock purchases in December
I bought more shares of great companies via my already existing automatic investment plans:
- AbbVie
- Alexandria Real Estate REIT
- Automatic Data Processing
- Bristol-Myers Squibb
- Cboe Global Markets
- Cisco Systems
- CVS Health
- Diageo
- Extra Space Storage
- Emerging Markets ETF
- General Dynamics
- Generals Mills
- IBM
- Japan ETF
- Mensch & Maschine
- PepsiCo.
- Pfizer
- Realty Income
- Snap-on
- Stemmer Imaging
- USU Software
- Qualcomm
- Williams-Sonoma
Henkel(paused in November)Mayr-Melnhof Karton(paused in December)Siemens(paused in December)Unilever(paused in November)Valmet(paused in December).
