There was a lot of talk about SinterCast going to beat their record in Q2 but they fell short of expectations. This made the stock price fall but made me able to buy a few more stocks when reinvesting. It really feels like SinterCast is the turtle of the stock market, slow and steady wins the race.
Stocks owned: 491
Dividend per stock: SEK 2.75
Dividend received: SEK 1,350.25
Reinvested number of stocks: 13
Stocks owned after reinvesting: 504
Effect on yearly dividend: +SEK 71.50
Steadily able to buy four new stocks for the KMI dividend each time now. The time it will take to start buying five new ones will be a lot shorter than from three to four thanks to compounding effect and also dividend increases.
Stocks owned: 275
Dividend per stock: USD 0.2825
Dividend received: SEK 684.58
Reinvested number of stocks: 4
Stocks owned after reinvesting: 279
Effect on yearly dividend: +SEK 39.50
Volkswagen has paid out a lot this year, but the extra dividend in January won't be back next year.
Stocks owned: 23
Dividend per stock: EUR 8.76
Dividend received: SEK 1,670.99
Reinvested number of stocks: 1
Stocks owned after reinvesting: 24
Effect on yearly dividend: +SEK 74.00
First time reinvesting dividend in Hugo Boss. The dividend wasn't completely able to cover a new share but I bought one anyway. If you account for the tax it would have covered.
Stocks owned: 55
Dividend per stock: EUR 1.00
Dividend received: SEK 454.75
Reinvested number of stocks: 1
Stocks owned after reinvesting: 56
Effect on yearly dividend: +SEK 8.50
I bought a bit more shares than I actually could from the dividend to get a round number of shares totally.
Stocks owned: 1,069
Dividend per stock: SEK 1.50
Dividend received: SEK 1,603.50
Reinvested number of stocks: 31
Stocks owned after reinvesting: 1,100
Effect on yearly dividend: +SEK 46.50
Well SBB has now imploded quite literally. They have suspended their monthly dividend payout from June and they also did it on their SBB D shares. According to Swedish law they cannot withdraw dividends that have already been agreed so as far as I understand they will pay out a lump sum next year for the remaining dividend amount.
It felt like this had to happen as they are in deep trouble with their liquidity. Hopefully they can sell off some of their real estate to keep the company from going bankrupt. The 100 year dividend didn't last long at all. Luckily for me I don't have that much exposure to real estate in Sweden, unlucky that I bought into it too early last year. I think Castellum will weather this storm and come out on the other side and start paying dividend again in a year or two. SBB I'm not as sure, it depends on if they survive.
Why did I reinvest the dividend? Because I stick to my strategy of buy and hold and reinvesting dividends.
Stocks owned: 1,405
Dividend per stock: SEK 0.12
Dividend received: SEK 168.60
Reinvested number of stocks: 26
Stocks owned after reinvesting: 1,431
Effect on yearly dividend: +SEK 0.00
Reinvesting dividend in Stille.
Stocks owned: 220
Dividend per stock: SEK 1.80
Dividend received: SEK 396.00
Reinvested number of stocks: 3
Stocks owned after reinvesting: 223
Effect on yearly dividend: +SEK 5.40
JLT lowered their dividend this year. I hope they go back to growing and will be able to pay out more next year. I rounded off to a more even number when buying new shares this time as well.
Stocks owned: 4,140
Dividend per stock: SEK 0.20
Dividend received: SEK 828.00
Reinvested number of stocks: 160
Stocks owned after reinvesting: 4,300
Effect on yearly dividend: +SEK 32.00
Reinvesting dividend from H&M.
Stocks owned: 148
Dividend per stock: SEK 3.25
Dividend received: SEK 481.00
Reinvested number of stocks: 3
Stocks owned after reinvesting: 151
Effect on yearly dividend: +SEK 19.50
Reinvesting dividend from Investor.
Stocks owned: 230
Dividend per stock: SEK 3.30
Dividend received: SEK 759.00
Reinvested number of stocks: 3
Stocks owned after reinvesting: 233
Effect on yearly dividend: +SEK 13.20
Reinvesting dividend from Bayer.
Stocks owned: 52
Dividend per stock: EUR 2.40
Dividend received: SEK 1,028.77
Reinvested number of stocks: 1
Stocks owned after reinvesting: 53
Effect on yearly dividend: +SEK 20.00
Just before dividend reinvesting time in Biotage the stock has had a big run from 116 to 150. I was hoping to buy a bit more new stocks but instead of five I got to buy four new ones. The stock has been down quite a lot over the last two year I am hoping it has started it's comeback now.
Stocks owned: 341
Dividend per stock: SEK 1.60
Dividend received: SEK 545.60
Reinvested number of stocks: 4
Stocks owned after reinvesting: 345
Effect on yearly dividend: +SEK 6.40
After cancelling their dividend last year Svedbergs are back to paying one. They also changed to payout twice a year. The company looks like it's making a comeback but I am a bit worried that the housing market slow down in Sweden will affect them. It's good that they now have a big part of their revenue in UK but I'm not sure that it's much better for the housing market there than here.
Stocks owned: 767
Dividend per stock: SEK 0.75
Dividend received: SEK 575.25
Reinvested number of stocks: 17
Stocks owned after reinvesting: 784
Effect on yearly dividend: +SEK 25.50
Reinvesting dividend in Atlas Copco.
Stocks owned: 541
Dividend per stock: SEK 1.15
Dividend received: SEK 622.15
Reinvested number of stocks: 5
Stocks owned after reinvesting: 546
Effect on yearly dividend: +SEK 11.50
Reinvesting dividend in BASF.
Stocks owned: 45
Dividend per stock: EUR 3.40
Dividend received: SEK 1,270.47
Reinvested number of stocks: 2
Stocks owned after reinvesting: 47
Effect on yearly dividend: +SEK 56.00
First time receiving dividend in Opter. Hopefully they will continue to grow their dividend a lot in the future as well. I really like the stock, it has showed steady growth in revenues and earnings the last couple of quarters. I am thinking of shifting my investment strategy a bit more towards small cap stocks with nice dividend growth over mega caps dividend aristocrats. I believe the risk reward to be a lot higher in them, especially if they are steady growers like Opter. Time will tell if this will be my next ten bagger or fluke.
I actually could only afford to buy 47 new stocks with the dividend I received but I want to have more even numbers in this stock so I bought 50 instead.
Stocks owned: 2,000
Dividend per stock: SEK 1.58
Dividend received: SEK 3160.00
Reinvested number of stocks: 50
Stocks owned after reinvesting: 2,050
Effect on yearly dividend: +SEK 79.00
Electrolux cancelled their dividend this year but EPRO continued theirs and grew it quite significantly since last year, 40%. Maybe I should sell all my ELUX and buy EPRO instead. I don't have many stocks in EPRO either. However there are rumors about a buyout in ELUX so I will keep them for now.
Stocks owned: 82
Dividend per stock: SEK 0.70
Dividend received: SEK 57.40
Reinvested number of stocks: 1
Stocks owned after reinvesting: 83
Effect on yearly dividend: +SEK 0.70
First time reinvesting dividend in Boliden. First quarter was a bit weaker than last year, commodity prices have gone down since then. I still believe commodities are a good way to invest, usually the companies have low valuations and are real cash cows. Boliden has the last couple of years paid out a bonus dividend but I will not include that when calculating future dividend effect.
Stocks owned: 155
Dividend per stock: SEK 15.00
Dividend received: SEK 2,325.00
Reinvested number of stocks: 6
Stocks owned after reinvesting: 161
Effect on yearly dividend: +SEK 90.00
Firefly has had a really good year so far. Hopefully they can continue to grow steadily over the coming years. The first dividend I received from Firefly was in 2017 and it was SEK 690, it has almost trippled since then with dividend growth and reinvestment. I wonder what another six years will do for the dividend.
Stocks owned: 610
Dividend per stock: SEK 3.00
Dividend received: SEK 1,830.00
Reinvested number of stocks: 17
Stocks owned after reinvesting: 627
Effect on yearly dividend: +SEK 51.00
Reinvesting dividend in AT&T.
Stocks owned: 109
Dividend per stock: USD 0.2775
Dividend received: SEK 264.62
Reinvested number of stocks: 1
Stocks owned after reinvesting: 110
Effect on yearly dividend: +SEK 9.50
A lot of dividend reinvestments this week, first out Altria.
Stocks owned: 128
Dividend per stock: USD 0.94
Dividend received: SEK 1,052.64
Reinvested number of stocks: 2
Stocks owned after reinvesting: 130
Effect on yearly dividend: +SEK 64.00
