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 February:
This month, my cash-flow approach generated the following income through dividends:
- AT&T (39.92 EUR)
- American Express (0,60 EUR)
- Bristol-Myers Squibb (61.94 EUR)
- General Mills (49.84 EUR)
- General Dynamics (17.55 EUR)
- Main Street Capital (9.66 EUR)
- Siemens (253.78 EUR)
- AbbVie (54.19 EUR)
- Apple (9.36 EUR)
- Omega Healthcare (50.85 EUR)
- Procter & Gamble (24.46 EUR)
- Realty Income (21.40 EUR)
- Main Street Capital (8.92 EUR)
- Williams-Sonoma (14.52 EUR).
So overall:
- the total monthly income with dividends in February (after taxes) was: € 608.07 / appr. $ 630.
- compared to last year, the performance was okay (+ 16 percent YoY),
- ⌀ monthly dividend income (ttm): € 588.11 / appr. $ 610,
- ⌀ monthly dividend income (ttm) compared to the previous month: + 1.5 percent.
The bigger picture looks like this:
Stock purchases in February
I bought more shares of great companies via my automatic investing plan:
- AAK
- AbbVie
- American Express (new)
- Assa Abloy
- Alexandria Real Estate REIT
- Allianz
- Automatic Data Processing
- Cboe Global Markets
- Ceotronic (new)
- Extra Space Storage
- Emerging Markets
- ETF Japan ETF
- Kontron
- Mensch & Maschine
- Merck Co.
- Munich Re.
- PepsiCo.
- Realty Income
- Snap-on
- Talanx
- Qualcomm
- Williams-Sonoma.
Best
