Hi everybody,
So like I said in my previous post, I will give more info about my portfolio.
My portfolio is still a work in progress and I'm still building it. So i'm trying to increase my dividend income every month by investing every month about €500 + I will reinvest all the dividend income every month in my stocks.
A side note: I would have build my portfolio different then today as today I have 9 stocks in a portfolio of around 11k dollars which imo opinion is a bit to much stocks for the amount that i'm putting in every month. Lesser stocks would make it more easier to invest as I'm not always need to choose which stock I will pick to invest in (I can't buy fractional shares, else it would be easier) and I want to invest the whole amount at once to reduce my costs.
So, my portfolio that is generating $576.67 before taxes. After taxes I would today receive $333.43 on an annual basis.
The taxes is indeed a lot for me and if you are living in the US these taxes will be much lower as I have to pay taxes to the US and to my country (Belgium).
Today my yield on costs are the following:
- ABR: 7.52%
- BNS: 7.45%
- BX: 2.86%
- ENB: 5.81%
- JNJ: 2.51%
- MAIN: 5.88%
- NEE: 1.77%
- TD: 4.31%
- TRIN: 6.64%
The yield on costs is different then the dividend yield of the stock today as this the yield on costs are calculated on the average price that I bought the stocks for.
So, some are lower then the current dividend yield as I'm having a loss on the share that I bought. I don't really care about that because I can/will buy more share of that stock during this year and the lower the amount of the stock is, the more shares I can buy and averaging down my cost basis.
So, as you can see i'm making 5% (yield on costs) for this portfolio, maybe I will replace some stocks with better income stocks. If I will do that, I will for sure update you with this info. For now i'm thinking on focussing on 5 of the stocks and start buying more shares of them:
- ABR: Very good dividend yield and nice dividend growth
- TRIN: Same as ABR
- NEE: Low dividend yield atm but they will increase the dividend with 10% every year this 2025.
- MAIN: Good monthly dividend. This is a stable stock and the dividend is growing on a yearly basis
- BX: Good growth and dividend yield.
Well that's it for today. In 2 weeks I will fund my account again and buy extra shares.
I will let you know which one it will be.
Have a great day!
Br,
TT
So like I said in my previous post, I will give more info about my portfolio.
My portfolio is still a work in progress and I'm still building it. So i'm trying to increase my dividend income every month by investing every month about €500 + I will reinvest all the dividend income every month in my stocks.
A side note: I would have build my portfolio different then today as today I have 9 stocks in a portfolio of around 11k dollars which imo opinion is a bit to much stocks for the amount that i'm putting in every month. Lesser stocks would make it more easier to invest as I'm not always need to choose which stock I will pick to invest in (I can't buy fractional shares, else it would be easier) and I want to invest the whole amount at once to reduce my costs.
So, my portfolio that is generating $576.67 before taxes. After taxes I would today receive $333.43 on an annual basis.
The taxes is indeed a lot for me and if you are living in the US these taxes will be much lower as I have to pay taxes to the US and to my country (Belgium).
Today my yield on costs are the following:
- ABR: 7.52%
- BNS: 7.45%
- BX: 2.86%
- ENB: 5.81%
- JNJ: 2.51%
- MAIN: 5.88%
- NEE: 1.77%
- TD: 4.31%
- TRIN: 6.64%
The yield on costs is different then the dividend yield of the stock today as this the yield on costs are calculated on the average price that I bought the stocks for.
So, some are lower then the current dividend yield as I'm having a loss on the share that I bought. I don't really care about that because I can/will buy more share of that stock during this year and the lower the amount of the stock is, the more shares I can buy and averaging down my cost basis.
So, as you can see i'm making 5% (yield on costs) for this portfolio, maybe I will replace some stocks with better income stocks. If I will do that, I will for sure update you with this info. For now i'm thinking on focussing on 5 of the stocks and start buying more shares of them:
- ABR: Very good dividend yield and nice dividend growth
- TRIN: Same as ABR
- NEE: Low dividend yield atm but they will increase the dividend with 10% every year this 2025.
- MAIN: Good monthly dividend. This is a stable stock and the dividend is growing on a yearly basis
- BX: Good growth and dividend yield.
Well that's it for today. In 2 weeks I will fund my account again and buy extra shares.
I will let you know which one it will be.
Have a great day!
Br,
TT
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