Reinvesting Sintercast dividend (5)

The dividend season is coming to an end for this year, although many companies now pay dividends twice a year. There aren't that many dividends left to reinvest this part of the year so I will have to wait for fall again.

Stocks owned: 471
Dividend per stock: SEK 2.50
Dividend received: SEK 1,177.50
Reinvested number of stocks: 9

Stocks owned after reinvesting: 480

Effect on yearly dividend: +SEK 45.00

Reinvesting Yara dividend (1)

Reinvesting first dividend from Yara.

Stocks owned: 100
Dividend per stock: NOK 30.00
Dividend received: SEK 2,299.26
Reinvested number of stocks: 5

Stocks owned after reinvesting: 105

Effect on yearly dividend: +SEK 115.00

Reinvesting Kindred dividend (4)

Reinvesting dividend from Kindred.

Stocks owned: 260
Dividend per stock: SEK 2.07
Dividend received: SEK 538.20
Reinvested number of stocks: 5

Stocks owned after reinvesting: 265

Effect on yearly dividend: +SEK 20.00

Reinvesting Kinder Morgan dividend (5)

Reinvesting Kinder Morgan dividend. I wonder when I will be able to finally buy four new stocks with each reinvestment.

Stocks owned: 262
Dividend per stock: USD 0.2775
Dividend received: SEK 613.26
Reinvested number of stocks: 3

Stocks owned after reinvesting: 265

Effect on yearly dividend: +SEK 28.00

Reinvesting Volkswagen dividend (1)

First time being able to reinvest Volkswagen dividend. After all taxes it was just above 0.75 compared to the stock price so I just bought it. Volkswagen has come a long way since I invested shortly after the dieselgate. The dividend payout I've received has gone from SEK 23.51 in 2016 to SEK 1,161.29 this year. That's almost a 50x increase. Their dividend was stale for a couple of years but I think now that they can keep this higher dividend going forward hopefully. It looks like even though they sell less cars their margins have gone up quite a bit, most likely on their electric vehicles. Long term I think they will still be the biggest or second biggest car company in terms of car production. I do not think Tesla will be able to compete when all other manufacturers start producing ev's.

The only downside to VW is the tax on the dividend is so high.

Stocks owned: 20
Dividend per stock: EUR 7.56
Dividend received: SEK 1,161.29
Reinvested number of stocks: 1

Stocks owned after reinvesting: 21

Effect on yearly dividend: +SEK 58.00

Reinvesting Novotek dividend (2)

Reinvesting dividend in Novotek. The number of stocks I could reinvest almost halved compared to last year, both due to lower dividend and higher stock price.

Stocks owned: 1,044
Dividend per stock: SEK 1.50
Dividend received: SEK 1566.00
Reinvested number of stocks: 25

Stocks owned after reinvesting: 1,069

Effect on yearly dividend: +SEK 37.50

Reinvesting Stille dividend (2)

 Reinvesting dividend in Stille. I was a bit late to reinvest so lost a 10 SEK on the price. Maybe for some companies it's not worth reinvesting the dividend, just to earn back the price and commission will take over five years in this case. Over a long time period it should be worth it in my opinion.

Stocks owned: 218
Dividend per stock: SEK 1.00
Dividend received: SEK 218.00
Reinvested number of stocks: 2

Stocks owned after reinvesting: 220

Effect on yearly dividend: +SEK 2.00

Reinvesting JLT dividend (1)

First time reinvesting dividend from JLT. Since the stock price is so low I am able to reinvesting in a lot of stocks compared to other companies, which is nice. It's a bit odd to to have the 0.75 rule for companies like JLT though as buying one more stock is only about 8 SEK.

Stocks owned: 4,000
Dividend per stock: SEK 0.27
Dividend received: SEK 1080.00
Reinvested number of stocks: 140

Stocks owned after reinvesting: 4,140

Effect on yearly dividend: +SEK 37.80

Reinvesting H&M dividend (3)

Reinvesting dividend in H&M.

Stocks owned: 140
Dividend per stock: SEK 3.25
Dividend received: SEK 455.00
Reinvested number of stocks: 4

Stocks owned after reinvesting: 144

Effect on yearly dividend: +SEK 26.00

Reinvesting TF Bank dividend (1)

First time reinvesting dividend in TF Bank. I was worried I might not be able to reinvest my dividend with my 0.75 rule but with this years draw down I was actually able to cover it almost one to one. I hope TF Bank in the future becomes a nice dividend grower.

Stocks owned: 150
Dividend per stock: SEK 1.00
Dividend received: SEK 150.00
Reinvested number of stocks: 1

Stocks owned after reinvesting: 151

Effect on yearly dividend: +SEK 1.00

Reinvesting Investor dividend (3)

Reinvesting Investor dividend.

Stocks owned: 225
Dividend per stock: SEK 3.00
Dividend received: SEK 675.00
Reinvested number of stocks: 4

Stocks owned after reinvesting: 229

Effect on yearly dividend: +SEK 16.00

New buy Yara International

A lot of fertilizer around the world is produced in Russia and due to the war in Ukraine no one really wants to buy it from Russian companies anymore. Although I'm a bit late to the party, a lot of western fertilizer companies went up when the invasion began, I still think that western fertilizer companies will see an uptick in their revenues as people no longer want to do business with Russia and source their products from somewhere else.

When searching for listed fertilizer companies I really only found Canadian Nutrien and Norwegian Yara. If you check the price for Nutrien you can see the impact of the invasion really clearly however Yara didn't, it moved down instead. The price going down in Yara could be that they used to buy their chemical product from Russia before the invasion, I haven't looked into that. However even if they did I do believe that the company can source a lot of the natural gas from Norway instead.

I've also wanted to buy a Norwegian company for a while and Orkla has been on my watch list for a long time. And Yara fits really nicely into a dividend portfolio with the yield of over 6% that they have. One drawback with Norwegian companies is that I think I will pay 27% tax on the dividend, though I will get that back in two years with tax returns. But I maybe should have waited for the stock to go ex-date before buying as that would have given me that money back at this point in time, but I wanted to boost my dividends this year.

Number of shares bought: 100
Price: NOK 467.30

Effect on yearly dividend: +SEK 2,300.00

Reinvesting Bayer dividend (2)

Reinvesting Bayer dividend.

Stocks owned: 51
Dividend per stock: EUR 2.00
Dividend received: SEK 774.79
Reinvested number of stocks: 1

Stocks owned after reinvesting: 52

Effect on yearly dividend: +SEK 15.50

Reinvesting BASF dividend (3)

Able to buy two BASF stocks again. Maybe nothing to be happy about as most of it is due to the price going down. (I'm thinking about dropping the reinvested number of stock calculation, it doesn't really add anything and it takes time to look up all the values).

Stocks owned: 43
Dividend per stock: EUR 3.40
Dividend received: SEK 1,110.52
Reinvested number of stocks: 2 (SEK 504.63 x 2 = SEK 1,009.26).

Stocks owned after reinvesting: 45

Effect on yearly dividend: +SEK 52.80

Reinvesting Electrolux Professional dividend (1)

It's nice to see spun-off companies start to pay out dividends. And this is the first time for Electrolux Professional. Altough the payout doesn't really reach the 0.75 rule I still wanted to buy a stock.

Stocks owned: 81
Dividend per stock: SEK 0.50
Dividend received: SEK 40.50
Reinvested number of stocks: 1 (SEK 54.20 x 1 = SEK 54.20).

Stocks owned after reinvesting: 82

Effect on yearly dividend: +SEK 0.50

Reinvesting Biotage dividend (2)

Biotage is one of my worst performing stock this year, it was one of the best last year though. I think long term it's a good stock still.

Stocks owned: 338
Dividend per stock: SEK 1.55
Dividend received: SEK 523.90
Reinvested number of stocks: 3 (SEK 194.20 x 3 = SEK 582.60).

Stocks owned after reinvesting: 341

Effect on yearly dividend: +SEK 4.65

Reinvesting Swedish Match dividend (1)

So many reinvestments... 😀 First time reinvesting for Swedish Match.

Stocks owned: 650
Dividend per stock: SEK 0.93
Dividend received: SEK 604.50
Reinvested number of stocks: 8 (SEK 78.38 x 8 = SEK 627.04).

Stocks owned after reinvesting: 658

Effect on yearly dividend: +SEK 14.88

Reinvesting SBB dividend (3)

Already reinvesting the third dividend in SBB, goes fast with monthly dividends. SBB has really gone down since I bought it. I was calculating with being able to buy 3 new stocks each dividend but this time I was able to buy 5. I'm also thinking about increasing my holdings overall to increase my monthly dividends even more. At the current price SBB is yielding almost 5%. Increasing rates might however keep SBB from paying out this much, time will tell.

Stocks owned: 1308
Dividend per stock: SEK 0.11
Dividend received: SEK 143.88
Reinvested number of stocks: 5 (SEK 27.77 x 5 = SEK 138.85).

Stocks owned after reinvesting: 1313

Effect on yearly dividend: +SEK 6.60

Reinvesting Altria dividend (1)

First time reinvesting Altria dividend. With my 0.75 rule I wasn't going to be able to buy 2 stocks but I made an exception this time.

Stocks owned: 120
Dividend per stock: USD 0.90
Dividend received: SEK 902.67
Reinvested number of stocks: 2 (SEK 544.93 x 2 = SEK 1,089.85).

Stocks owned after reinvesting: 122

Effect on yearly dividend: +SEK 59.80

Reinvesting AT&T dividend (5)

Since AT&T spun-off Warner Bros Discovery they lowered their dividend a bit. I'm still able to buy one share for it though.

Stocks owned: 105
Dividend per stock: USD 0.2775
Dividend received: SEK 244.21
Reinvested number of stocks: 1 (SEK 191.81 x 1 = SEK 191.81).

Stocks owned after reinvesting: 106

Effect on yearly dividend: +SEK 9.20 

Reinvesting Firefly dividend (2)

Firefly had a nice Q1 report so price went up. Means I can't buy as many stocks as before the report, but I shouldn't complain.

Stocks owned: 593
Dividend per stock: SEK 2.50
Dividend received: SEK 1,482.50
Reinvested number of stocks: 17 (SEK 87.40 x 17 = SEK 1,485.80).

Stocks owned after reinvesting: 610

Effect on yearly dividend: +SEK 42.50 

Reinvesting Atlas Copco dividend (6)

A lot of reinvestments this week. I also found out there's going to be an extra dividend in Atlas Copco in June for 8 SEK. Always nice with unscheduled dividends.

Stocks owned: 130
Dividend per stock: SEK 3.80
Dividend received: SEK 494.00
Reinvested number of stocks: 1 (SEK 382.00 x 1 = SEK 382.00).

Stocks owned after reinvesting: 131

Effect on yearly dividend: +SEK 4.75 

Reinvesting Epiroc dividend (7)

Reinvesting dividend from Eprioc.

Stocks owned: 319
Dividend per stock: SEK 1.50
Dividend received: SEK 478.50
Reinvested number of stocks: 3 (SEK 167.65 x 3 = SEK 502.95).

Stocks owned after reinvesting: 322

Effect on yearly dividend: +SEK 9.00