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 September:
This month, my cash-flow approach generated the following income through dividends:
- US Financials ETF (61.53 EUR)
- Pfizer (35.74 EUR)
- Archer Daniels Midland (10.82 EUR)
- Johnson & Johnson (16.40 EUR)
- Snap-on (26.51 EUR)
- IBM (25.88 EUR)
- 3M (27.97 EUR)
- Realty Income (15.54 EUR)
- Cboe Global Markets (3.00 EUR)
- Stanley Black & Decker (10.13 EUR)
- Qualcomm (25.36 EUR)
- Imperial Brands (4.56 EUR)
- Broadcom (22.59 EUR)
- Pepsi (14.19 EUR)
- Extra Space Storage (3.55 EUR)
- FTSE Japan ETF (3.20 EUR).
The total monthly income with dividends in September (after taxes) was: €306.97 / appr. $324.
Dividend income report check
Poor performance compared to last year (minus 7 percent YoY) due to the sales of four stocks and Unilever, whose dividend I received in September 2022. These five stocks have contributed more than €100 last year:
- Logitech dividends last year: 66.70 EUR,
- Simon Property Group dividends last year: 8.07 EUR,
- Kontoor Brands dividends last year: 6.82 EUR,
- V.F. Corp. dividends last year: 22.99 EUR,
- Unilever dividends last year: 29.68 EUR.
This is the second monthly YoY decline after April 2020 (look at this ridiculous and barely noticeable dip in the graph below :)). Overall, the development looks like this:
Stock purchases in September
I bought more shares of great companies via my already existing automatic investment plans:
- Emerging Markets ETF
- Japan ETF
- Mayr-Melnhof Karton
- Snap-on
- General Dynamics
- Valmet
- CVS Health
- Diageo
Teamviewer(the saving plan was already paused in May)- Henkel
- Mensch & Maschine
- USU Software
- Stemmer Imaging
- AbbVie
- Automatic Data Processing
- Bristol-Myers Squibb
- Cisco Systems
- Generals Mills
- IBM
- Pfizer
- Qualcomm
- Realty Income
- Extra Space Storage
- Cboe Global Markets
- Williams-Sonoma
- Unilever
- Siemens.
