Welcome to a brand new report of my Dividend Diary on the TEV Weblog. Right here, I report the event of a money flow-oriented funding strategy that focuses on producing a passive revenue by means of dividends. Towards this background, the aim is to not outperform the market however to place meals on the desk by means of a daily revenue by way of dividends.
With the Dividend Diary, I doc how a cash-flow funding strategy may be a part of well-balanced wealth administration. To maintain issues easy, I’ve constructed three pillars:
- Lively revenue.
- Passive revenue.
- Conversion.
Dividends fall into the final two classes. They’re passive as a result of they supply a money circulation with out me going to work. Moreover, they’re a vital pillar for conversion since they are often reinvested to generate much more revenue sooner or later. That’s the Concept. Now let’s get right down to observe.
My month-to-month revenue with dividends in July:
This month, my cash-flow strategy generated the next revenue by means of dividends:
- Automated Knowledge Processing (29.35 EUR)
- Publicis (42.73 EUR)
- Kimberly-Clark (23.68 EUR)
- Important Road Capital (20.27 EUR)
- Greatest Purchase (12.86 EUR)
- Iron Mountain (14.80 EUR)
- Merck & Co. (18.52 EUR)
- Altria (21.47 EUR)
- Alexandria Actual Property (28.70 EUR)
- Realty Earnings (18.75 EUR)
- Cisco Sytems (24.73 EUR)
- Amdocs (14.22 EUR).
The full month-to-month revenue with dividends in July (after taxes) was: € 270.08 / appr. $ 293
Dividend revenue report test
In comparison with final yr, the efficiency was okay (+ 9.7 p.c YoY). General, the event seems like this:
Inventory gross sales in July
As a result of deliberate delisting, I needed to promote all my Stemmer Imaging shares.
Inventory purchases in July
I invested the freed-up capital in Mensch und Maschine, Allianz, Talanx, and Reserving Holdings.
I additionally purchased extra shares of nice corporations by way of my computerized investing plan:
- AbbVie
- Assa Abloy
- Amdocs
- Alexandria Actual Property REIT
- Automated Knowledge Processing
- Reserving Holdings
- Cboe International Markets
- Diageo
- Additional Area Storage
- Rising Markets ETF
- Japan ETF
- Kontron
- Mensch & Maschine
- Meta
- PepsiCo.
- Realty Earnings
- Snap-on
- Siemens
- Qualcomm
- Williams-Sonoma
Generals Mills(paused in June on account of disappointing dividend hike).