Dividend income July 2024

A bit late with the EOM report for August due to vacation and life in general. July saw some major shifts in sentiment, AI crashed and I had some of the worst days PnL wise ever. When writing this most of the downturn in August has reversed, however USDSEK has taken quite a hit so it's not been the usual comeback.

The Riksbank lowered rates again and the FED is now signaling the first rate cut in September. It seems like usually when the FED starts cutting it's already too late or they are too slow. I've been thinking about the next Black Swan event and I feel like it could be in the ESG sector. A lot of the projects there are starting to be postponed or withdrawn as many of the completed projects have become disasters and money losing machines. I doubt Northvolt will survive long term, and I believe there are many other projects like it around the world that also will not make it.

Dividend wise it was a record month again, the setback from June was only temporary. Unfortunately it probably is only a one time thing as it was the dividend from SBB for last year and what I believe an extra dividend from Danske Bank. So next year will probably not have those included.

I received a total of SEK 6,300.61 in dividends in July. An increase of 58.2% compared to last year. A nice rebound from last month.

Reinvested dividends effect on yearly dividend: SEK 132.69

90,16	Nvidia
1800,00	SBB
271,18	Coca-Cola
1195,69	Altria
236,90	Realty Income
650,44	WP Carey
9,01	Orion Office Reit
371,11	Johnson Controls
1406,64	Danske Bank
104,94	GE
164,54	Disney