Dividend Update: July 2022

General Overview

After a truly horrible last month, this month the stock market almost knew only one way: up, up, up. On the whole, my portfolio grew by a bizzare 8,96% - which is absurd considering the worries of the last few months (inflation, energy crisis, the war in the Ukraine, etc.) are as present now as they were one month ago.

Apart from that, the earnings season for Q2 has started, featuring everyting from the good (e.g. Apple, Texas Instruments) to the bad (e.g. AT&T, Verizon) to the downright ugly (e.g. Intel). All things considered, it has been a mixed bag, but perhaps not quite as bad as many of the so called analysts feared.

And while the stocks kept climbing, dividends kept coming in one after another: In total, I earned 233,46€ in dividends.

• Total Energies: 6,15
• Iron Mountain: 7,03
• Coca-Cola: 0,27
• Vici Properties: 0,07 
• Altria: 13,10
• iShares STOXX Global Select Dividend 100: 56,00
• Realty Income: 25,49
• WP Carey: 37,68
• Main Street Capital: 11,71
• Store: 22,55
• Philip Morris: 13,73
• Innovative Industrial Properties: 3,99
• Starwood Property Trust: 0,67
• Stag Industrial: 0,46
• SL Green Realty: 2,54
• Orion Office REIT: 0,45
  
• Goldman Sachs BDC: 14,04
• Gladstone Commercial: 3,86
• LTC Properties: 2,38
• Calamos Strategic Total Return Fund: 4,01
  
• Cohen&Steers Quality Realty Income Fund: 2,74
  
• Blackrock Science and Technology Trust II: 1,88
• Cohen & Steers REIT & Preferred Income Fund: 2,66

 

I received dividends from 23 stocks / funds, the biggest ones coming from the iShares STOXX Global Select Dividend 100 (whose dividend varies from year to year and quarter to quarter) and WP Carey. On average, I received 10,15€ from every stock or fund, giving me a daily dividend of 7,53€ for the entire month.

Compared to the 90.27€ from last year, this is an increase of 158%. Quarter over quarter, this is a decrease of 19%, which is mostly due to a) the handsome dividend of the twice a year paying Rio Tinto which I received in April (Rio Tinto - incidentally - being one of the companies with a very disappointing earnings call, resulting in a dividend cut) and b) to no longer receiving dividends tax-free after maxing out the legally allowed amount earlier this year. It is still well below the 300€ a month, which I am shooting for by  the end of this year.

Let's see what August holds in store - though I already know (knowing my portfolio) that it is most likely going to be the weakest month of the year.

Winners & Losers

The biggest climber in this upward trending this month were ASML (+29%) and Arbor Realty Trust (25%),  both after a strong earnings call; the biggest losers were Innovative Industrial Properties (-12%) after signs of shaky rent-collection and AT&T (-9%) after an underwhelming Q2.