Dividend Income Update – July 2019

Dividends in July are all accounted for and booked.

Total dividend received in July was NOK 552 (not adjusted for witholding tax deducted). I received dividends from Hemfosa, Brookfield Renewable Partners and Transalta Renewables.

Total dividend received YTD is NOK 13 469 (not adjusted for witholding tax deducted) and I’m already ahead of dividends received last year which ended on NOK 11 000. For 2019 I expect to receive approximately NOK 20 000 in dividends.

Dividend yield: 3.9%

Yield on cost: 4.1%

Every month I will post an update on my dividend update. Subscribe below to receive a notification when a new post is out.

Processing…
Success! You're on the list.

2 Comments

  1. Hello Edd!

    Can you give a quick comment about these three stocks? (Did you buy them over time? Your thoughts about the Fair value, your own subjective thoughts about these stocks etc etc)

    Like

    1. Hi Litta,
      I bought Hemfosa following the spinoff announcement in 2018. Nyfosa was spun off from the parent company and I bought the more defensive shares in Hemfosa which owns and operates public real estate (schools, police stations etc).

      TransAlta and Brookfield Renewable Partners was bought in March / April and is a play on the ESG-trend. The own and operate hydro stations, windmills and have solid management. Increasing dividends each year.

      All buys where one-time purchases, but I’m considering adding on the positions if they fall back. They are noe cheap these days in my opinion.

      Like

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s