New buy Sveafastigheter (IPO)

Haven't bought a single new company since July last year and then all of a sudden three new ones in October this year. Strange times. I will probably invest into some new companies soon with a bit bigger investments.

Sveafastigheter is a spin-off from SBB. SBB is one of the worse investments I've done. I just wanted to use the fact that I would be able to buy the spin-off at a lower price. Who knows,  maybe one day both these companies will start to payout dividends. Time will tell. It's a very small investment so won't make or break the portfolio.

Number of shares bought: 130
Price: SEK 39.50

Effect on yearly dividend: +SEK 0.00

New buy Ramlösa Shipping (IPO)

First time I take part in an IPO. I was lured in by one of the podcasts that I listen to and signed up. Then after I got my shares another podcast trash talked the IPO. Lets just say the first trading day wasn't great with a decline of 20%. I've learned my lesson to look a bit closer at IPO's going forward. However I do think this company could become a nice dividend payer, I am however not sure how much they will pay so the effect as of yet is 0. It was just a small position so no harm done overall.

Shipping stocks are notorious for their volatile dividends so I doubt Ramlösa Shipping will be any different.

Number of shares bought: 500
Price: SEK 30.51

Effect on yearly dividend: +SEK 0.00

New buy FDJ

I don't sell companies unless they get bought out buy another company. And my strategy for when that happens I invest the proceeds from the bought out company to the company that did the buying, if it's listed. This strategy would've served me well if I had used it on ActivisionBlizzard and invested in Microsoft, as well as Swedish Match into Philip Morris. In those two cases I was too afraid to reinvest as the USD was so strong. In hindsigth it would've been great investments. You learn by your mistakes.

So Kindred was bought out by the company FDJ (La Francaise Des Jeux S.A.). This is my first time investing in a French company. I don't really know much about them, other that they are a betting company. They pay a nice dividend and have had nice dividend growth over the past couple of years. One drawback is the high withholding tax in France, but I should receive all of that back the following year.

Number of shares bought: 90
Price: EUR 35.82

Effect on yearly dividend: +SEK 1,321.65

Dividend income October 2024

I'm getting closer and closer to the 500k accumulated dividends milestone. I broke to 100k milestone for this year now in October and I will break the 500k in November. Sadly this October was not a record for dividends. Firstly Telia shifted the payout of their dividend from October to November this year. Also I didn't receive any dividend from Kindred this year as they have been bought by French company FDJ. I invested the money from Kindred into FDJ, more on that in a separate buy post.

It was a good month portfolio-wise. I'm at ATH, mostly due to Nvidia still going strong. I broke the 6M mark for my portfolio this month as well. It feels like it goes faster and faster, no wonder when the portfolio gets bigger and bigger. First million took almost 2 years. 2nd million took another 3 years. Then it accelarated, 3rd million took 1 year. 4th another 1.5 years. Fifth took 10 months, and the 6th took 7 months. I doubt I will be able to keep up this pace, but it's very nice if it can continue like this.

I've bought some new companies this month, FDJ, IPO in Ramlösa Shipping and IPO Sveafastigheter. 

I received a total of SEK 5,195.04 in dividends in October. An decrease of -13.4% compared to last year. 

Reinvested dividends effect on yearly dividend: SEK 157.51

New buy effect on yearly dividend: SEK 1,321.65 (technically since I took the proceeds from Kindred sale the net effect is not that high at all, however Kindred didn't pay any dividends this year).

262,00	Coca-Cola
87,89	Nvidia
1257,12	Altria
233,78	Realty Income
652,09	WP Carey
8,87	Orion Office Reit
364,32	Johnson Controls
777,00	Atlas Copco
634,60	Epiroc
814,00	Husqvarna
103,37	GE