Dividend income April 2022

Another record month for dividends. Not so much for my portfolio. Nvidia had a rough month, almost down a hundred dollars, which due to it size brings down my performance a lot. Luckily the USD/SEK rate has been going up, even though the Riksbank did it's first hike since 2019. 

The reports have been a mix of ups and downs for me. I don't have much exposure to the big tech so I've been spared from their draw downs, except Nvidia. I think it looks good for most smaller businesses but that might change in the coming quarter reports.

Anyway back to the dividends. Broke two records this month, largest single dividend received and most dividends received in a month as well.

I received a total of SEK 16,074.86 in dividends in April. An increase of 75%.

SBB - SEK 325.00
Coca-Cola - SEK 218.12
Skanska - SEK 1,560.00
Electrolux - SEK 432.40
Holmen - SEK 2,150.50
Walmart - SEK 217.95
Avanza - SEK 5,740.80
SCA - SEK 263.25
Bonava - SEK 152.25
NCC - SEK 252.00
Telia - SEK 931.00
Husqvarna - SEK 373.00
JCI - SEK 313.57
Orion Office Reit - SEK 8.13
Realty Income - SEK 200.63
WP Carey - SEK 643.94
Evolution - SEK 733.75
GE - SEK 27.07
Industrivärden - SEK 1,053.00
Epiroc - SEK 478.50

Reinvesting Industrivärden dividend (3)

Reinvesting dividend from Industrivärden.

Stocks owned: 156
Dividend per stock: SEK 6.75
Dividend received: SEK 1053.00
Reinvested number of stocks: 4 (SEK 243.10 x 4 = SEK 972.40).

Stocks owned after reinvesting: 160

Effect on yearly dividend: +SEK 27.00 

Reinvesting Evolution dividend (1)

I didn't think I'd be able to buy a new stock in Evolution for the dividend I received but the stock has roughly lost a third of it's price in a year. I round up to a new stock if the dividend covers more than 0.75 of the price. The betting and gambling sector in general has been in a bad trend this year, Kindred and Kambi are also down a lot this year. Let's hope it will turn around soon.

On a separate note there's been a few nice dividend increases from several companies, Kinder Morgan increased their's with 2.7% and JNJ with over 6%.

Stocks owned: 50
Dividend per stock: SEK 14.675
Dividend received: SEK 733.75
Reinvested number of stocks: 1 (SEK 952.60 x 1 = SEK 952.60).

Stocks owned after reinvesting: 51

Effect on yearly dividend: +SEK 14.675 

Reinvesting Husqvarna dividend (5)

Husqvarna has taken a beating lately due to their lowered earnings. Positive thing about that is that I can buy more when reinvesting. I don't really understand why they payout SEK 1 in the spring and SEK 2 in autumn, why don't they just split it evenly?

Stocks owned: 373
Dividend per stock: SEK 1.00
Dividend received: SEK 373.00
Reinvested number of stocks: 4 (SEK 91.20 x 4 = SEK 364.80).

Stocks owned after reinvesting: 377

Effect on yearly dividend: +SEK 12.00 

Reinvesting Telia dividend (7)

Telia always seems to go up in price before the dividend payout for some reason, maybe it's because a lot of people are reinvesting their dividends. I'm no different, but it means I can't buy as many stocks.

Stocks owned: 931
Dividend per stock: SEK 1.00
Dividend received: SEK 931.00
Reinvested number of stocks: 23 (SEK 39.45 x 23 = SEK 907.35).

Stocks owned after reinvesting: 954

Effect on yearly dividend: +SEK 47.15 

Reinvesting NCC dividend (5)

NCC has become cheap or my dividend has increased, or both, so that I was able to buy two new stocks this time.

Stocks owned: 84
Dividend per stock: SEK 3.00
Dividend received: SEK 252.00
Reinvested number of stocks: 2 (SEK 124.20 x 2 = SEK 248.40).

Stocks owned after reinvesting: 87

Effect on yearly dividend: +SEK 12.00 

New buy Swedish Match

Maybe I'm buying Swedish Match at the top, but the stock has been going higher for many years. I also don't think that people will stop to use their products, and they are also able to increase prices to ward of inflation in my opinion. Another tobacco company, but as I've said before I don't have any moral thoughts about investing in them.

They are also a steady dividend grower so I think it will be a nice addition to my portfolio. 

I'm actually starting to run out of Swedish companies that I have on my watch list so I will probably focus more on US companies for a while now. The dividend season is also comming to an end more or less next month in Sweden so there won't be that many companies to buy to still be able to get a dividend this year.

Number of shares bought: 650
Price: SEK 77.30

Effect on yearly dividend: +SEK 1,209.00  

Reinvesting Bonava dividend (4)

Bonava has come down a lot in price, the dividend yield is over 6% at this point. It might be a good time to increase my position. I'm not sure what's been driving it lower. One part is the rising rates and another their Russian business. 

Stocks owned: 87
Dividend per stock: SEK 1.75
Dividend received: SEK 152.25
Reinvested number of stocks: 3 (SEK 55.80 x 3 = SEK 167.40).

Stocks owned after reinvesting: 90

Effect on yearly dividend: +SEK 10.50 

Reinvesting SCA dividend (2)

I really should increase my holdings in SCA. The stock has been great since I bought it, but my position is very small. It feels like forresting companies in Sweden have had really strong years the last years, and I don't think that will change. With inflation I think the price for wood will only increase.

Stocks owned: 81
Dividend per stock: SEK 3.25
Dividend received: SEK 263.25
Reinvested number of stocks: 1 (SEK 195.00 x 1 = SEK 195.00).

Stocks owned after reinvesting: 82

Effect on yearly dividend: +SEK 3.25 

Reinvesting Avanza dividend (4)

The dividend I received from Avanza this year is the single largest dividend I have ever received. By a far margin. Though Avanza has come down quite a bit from it's highs from last year I still think they have potential to grow. However I do think that the Swedish market is probably close to it's max at the moment and that the growth they should aim for is to expand to the other nordic countries. Hopefully they will keep this dividend amount for the coming years as well.

Stocks owned: 624
Dividend per stock: SEK 9.20
Dividend received: SEK 5,740.80
Reinvested number of stocks: 25 (SEK 231.8 x 25 = SEK 5,795.00).

Stocks owned after reinvesting: 649

Effect on yearly dividend: +SEK 230.00 

Reinvesting Holmen dividend (3)

Holmen has been on a run this year. I think they might do a split again soon in the stock as the price has gone up quite a lot. At least I am hoping for a split.

Stocks owned: 187
Dividend per stock: SEK 11.50
Dividend received: SEK 2,150.50
Reinvested number of stocks: 4 (SEK 561.00 x 4 = SEK 2,244.00).

Stocks owned after reinvesting: 191

Effect on yearly dividend: +SEK 46.00 

Reinvesting Electrolux dividend (6)

Reinvesting dividend in Electrolux.

Stocks owned: 94
Dividend per stock: SEK 4.60
Dividend received: SEK 432.40
Reinvested number of stocks: 3 (SEK 138.02 x 3 = SEK 414.06).

Stocks owned after reinvesting: 97

Effect on yearly dividend: +SEK 27.60 

Reinvesting SBB dividend (1)

Didn't take long until I got a dividend to reinvest from SBB. Also SBB has now declared the monthly dividend to be SEK 0.11. Hopefully they will become a Swedish dividend champion with a steady dividend growth. There's been a lot of turbulence in SBB recent week, there's been a lot of shorts on the company and it's come down a bit in price. I can't say if they will face severe problems with the raising of rates but I think they will keep growing.

Stocks owned: 1,300
Dividend per stock: SEK 0.25
Dividend received: SEK 325.00
Reinvested number of stocks: 8 (SEK 42.50 x 8 = SEK 340.00).

Stocks owned after reinvesting: 1,308

Effect on yearly dividend: +SEK 10.56 

Reinvesting Skanska dividend (2)

Reinvesting dividend from Skanska.

Stocks owned: 156
Dividend per stock: SEK 10.00
Dividend received: SEK 1,560.00
Reinvested number of stocks: 7 (SEK 211.20 x 7 = SEK 1,478.40).

Stocks owned after reinvesting: 163

Effect on yearly dividend: +SEK 70.00 

Reinvesting ABB dividend (2)

Hectic dividend week with a lot of reinvestments. First out ABB.

Stocks owned: 188
Dividend per stock: SEK 8.31
Dividend received: SEK 1,562.28
Reinvested number of stocks: 5 (SEK 307.50 x 5 = SEK 1,537.50).

Stocks owned after reinvesting: 193

Effect on yearly dividend: +SEK 41.55 

Dividend income March 2022

Another turbulent month in the market but we have taken back a lot of ground from the lows. Ukraine war is still ongoing but there seems to be some foward movement in the peace negotiations. I don't believe Russia can keep this up for too long, it's too costly for them.

For me it has been another record month. I was not sure it would be as I was expecting the dividend from ABB to be paid out in April, but I received it last day of March instead. The dividend reinvestment season has started again for me for Swedish companies and there will be quite many of them next month. It also looks like I broke the record of most number of dividends received in one month: 22.

I received a total of SEK 10,253.29 in dividends in March. An increase of 47%.

Intel - SEK 270.31
Pfizer - SEK 233.89
Wabtec - SEK 1.25
Johnson & Jonhson - SEK 308.09
Chevron - SEK 464.30
Microsoft - SEK 228.07
Prudential Financial - SEK 343.41
3M - SEK 242.69
McDonald's - SEK 255.19
Realty Income - SEK 198.18
Kellogg's - SEK 186.53
Thomson Reuters - SEK 200.36
Autoliv - SEK 168.99
Unilever - SEK 195.55
Danske Bank - SEK 309.36
AstraZeneca - SEK 1,908.00
Nvidia - SEK 31.84
Axfood - SEK 1,180.00
Handelsbanken - SEK 805.00
Essity - SEK 588.00
Hufvudstaden - SEK 572.00
ABB - SEK 1,562.28

Reinvesting Hufvudstaden dividend (3)

Reinvesting dividend from Hufvudstaden.

Stocks owned: 220
Dividend per stock: SEK 2.60
Dividend received: SEK 572.00
Reinvested number of stocks: 4 (SEK 132.35 x 4 = SEK 529.40).

Stocks owned after reinvesting: 224

Effect on yearly dividend: +SEK 10.40 

Reinvesting Essity dividend (3)

Reinvesting dividend from Essity.

Stocks owned: 84
Dividend per stock: SEK 7.00
Dividend received: SEK 588.00
Reinvested number of stocks: 2 (SEK 223.50 x 2 = SEK 447.00).

Stocks owned after reinvesting: 86

Effect on yearly dividend: +SEK 14.00 

Reinvesting Handelsbanken dividend (3)

Reinvesting dividend from Handelsbanken.

Stocks owned: 161
Dividend per stock: SEK 5.00
Dividend received: SEK 805.00
Reinvested number of stocks: 9 (SEK 89.26 x 9 = SEK 803.34).

Stocks owned after reinvesting: 170

Effect on yearly dividend: +SEK 45.00 

Reinvesting Axfood dividend (5)

Axfood has been on a bull run this year. Some part of it is probably due to inflation and higher food prices. This means I am no longer able to buy 5 new stocks when reinvesting. With the downturn in the market overall this year I was expecting to be able to buy more stocks when reinvesting this year, but so far that has not been the case.

Stocks owned: 295
Dividend per stock: SEK 4.00
Dividend received: SEK 1,180.00
Reinvested number of stocks: 4 (SEK 301.50 x 4 = SEK 1,206.00).

Stocks owned after reinvesting: 299

Effect on yearly dividend: +SEK 32.00 

Reinvesting AstraZeneca dividend (5)

The Swedish dividend season has started for me and with it the first Swedish reinvestment. AstraZeneca has been a good hedge this year. It usually performs very well in turbulent and down markets from what I've experienced. The "problem" for me now is that the price has gone up so much so I'm not able to fully cover two stocks for the spring dividend, but I still bought two this year. My cutoff for an extra stocks goes at 0.75 so I think I was over that at least for the second stock, but for the dividend this fall I'm not so sure. In that case I will still buy one.

Stocks owned: 106
Dividend per stock: SEK 18.00
Dividend received: SEK 1,908.00
Reinvested number of stocks: 2 (SEK 1,246.00 x 2 = SEK 2,492.00).

Stocks owned after reinvesting: 106

Effect on yearly dividend: +SEK 51.44