Hey everyone, the year 2018 already gave us dividend investors some decent increases. I will briefly summarize the ones of the companies, which are in my portfolio.
Being a dividend investor has two major advantages, first of all, you do not rely that much on the changes of the share price and when the stock price is on a very low level you just collect the dividends and maybe take advantage of the low share price and buy even more stocks.
Honestly, I am very happy with all the increases. ORI has again quite a small increase, but they paid us a special dividend in January. So I am fine with that. The increase of ABBV is a blast, I did not expect that at all. But yeah that's cool thing about being a dividend investor.
Based on the numbers of shares I have of each company it makes now an average dividend increase of 10.70%, which is above my goal of 7.5%.
How much more income do I generate
In total, I am generating now 36.05 EUR more dividend income before tax and based on a constant FX-Rate. If you look at this number, this does not look a lot but considering my current dividend yield before taxes of 3.92% it would mean an additional investment of 919.76 EUR.
So, after all the 36.05 EUR do not look that bad anymore. Especially I am very happy with my current dividend increase rate and let's see what the other increases for the rest of the year will look like.
My new projected full-year dividend income is now at 1 626.86 EUR after tax. Of course, a lot comes from additional investments, but dividend increases are also a small part of it and the more stocks I have the higher will be the effect of dividend increases in the future.