Dividends Feb/Mar 2024

 

Several companies have managed to pay out dividends during these two months that I now cover.

ETF EU paid out 69.24 €, no taxes taken.

ETF All World paid out 33.18 €, no taxes taken.

ETF S&P500 paid out 70.11 €, no taxes taken.

McDonalds paid out 26.07 €, after 15% taxes withheld by US.

Intel paid out 37.80 €, after 15% taxes withheld by US.

BP paid out 52.98 €, no taxes taken.

IBM paid out 32.08 €, after 15% taxes withheld by US.

TJX paid out 16.53 €, after 15% taxes withheld by US.

DBAG paid out 114.12 €, after 26.4% taxes withheld by Germany.

Dividends during November/December

 

Several dividends have been paid out in the end of the year and I even managed to receive one from a company that I had sold off, namely H&M.

H&M paid out 70.69 €, of which the taxman took -21.21 €, leaving me with 49.48 € as cash.

TJX paid out 19.40 €, taxman took -2.91 € leaving 16.49 € on broker account.

Intel paid out 39.61 €, taxman got -2.31€ leaving me with 27.30 € as cash.

IBM paid out a healthy 38.35 €, taxman took -5.76 €, leaving 32.59 € in cash.

BP paid out 53.03 €.

Scottish paid out 4.98 €.

McDonalds paid out 25.63 € and I must have been lucky there with when I bought them.

HSBC paid out 64.12 €.

ETF - All World paid out 34.38 €.

ETF - EU/UK paid out 63.19 € and finally

ETF - S&P500 paid out 63.14 €.

I've also in early January received Nike 13.43 €, taxman took -2.01 € leaving 11.42 €.

The dividend page has now been updated including including the end of year tally of 5,265 € paid out in total -468 € to taxes.

Dividends in August/September 2023

 

I thought there would only be some trickles of dividends arriving during the remainder of the year but I was clearly wrong. I had some serious pay out from especially Rio Tinto which is much appreciated!

ETF All-World paid out 26.05 € as cash on my broker account

ETF S&P500 paid out 63.41 € as lovely, lovely cash.

ETF EU-UK paid out 82.53 € as cash on my broker account.

Rio Tinto paid out a total of 514.09 € as cash on my two broker accounts.

HSBC paid out 64.35 € as cash to me.

Barclay decided to pay out 59.10 € as cash on my broker account.

Lloyds were also generous and paid out 68.90 € to my broker account.

Intel has tighten the purse and only paid out 35.36 €, the taxman took 2.32 €, leaving me with 33.04 € as cash on my two broker accounts.

BP paid out 52.53 € on my broker account.

IBM paid out 38.49 €, taxman took 5.78 € leaving me with 32.71 € on my broker account and finally

TJX paid out 19.48 €, taxman took 2.92 €, leaving 16.56 € as cash on my broker account.

Dividends in May/June 2023

 

It's been a period with plenty of dividend payments which is always enjoyable especially now when I need to take out money instead of adding.

E.On paid out 204.00 € of which the German taxman kept 53.80 € and I was left with 150.20 € as cash on my broker account.

Intel paid out 44.75 €, USA tax office withheld 6.71 € and I was left with 38.04 € in cash.

TJX paid me 19.78 €, US withheld 2.96 € and I got 16.82 € on my broker account.

The next dividend payment I'm not really happy about. I wanted Luc to keep re-investing the earnings into the business or other endeavours for that matter!

Tessenderlo paid out 127.50 €, the taxman in Belgium kept 38.25 € and I got 89.25 € on my broker account.

IBM provided me with 38.34 €, tax withheld was 5.76 € and I got 32.58 € in cash.

BP paid me 49.46 € which arrived directly as cash.

Barratt paid out 59.36 € in cash.

Lloyds paid out 121.05 € in cash.

HSBC paid out 64.67 € in cash.

ETF EU paid out 301.16 € in cash

ETF S&P500 paid out 63.29 € in cash.

ETF All-World paid out 38.89 € in cash.

So a pretty good period!

Dividends in March 2023

 

All the oil companies have made massive profits lately. From this BP decided to pay out 50.31 € which I directly received as cash on my broker account.

IBM paid out 38.77 €, from this the taxman took 5.82 €, leaving me with 32.95 € as cash on my broker account.

DBAG paid out a very small dividend this year in the size of 124 €, the German tax man took 32.70 € which left me with 91.30 € in cash.

The US retail chain TJX paid out 17.68 € and from this 2.65 € was taken in taxes leaving me with 15.03 € in cash.

Intel, whose share price have tanked in the last couple of months paid out 119.59 €, and 6.89 € went to the taxman, leaving me with 112.70 € in cash. It looks strange, I know, I don't see the taxes removed in my UK broker account and I currently own intel shares on both my UK and German account.

And finally my ETF EU held in the UK paid out a dividend of 78.39 € that I get straight out as cash.

Dividends in December 2022

 

Yum brands paid out 21.56 € as cash on my broker account.

McDonalds kindly enough paid me 34.42 € to my broker account

ETF EU 600 paid me 57.46 € as cash to the broker account.

BP paid out 45.08 € in cash to me and finally

IBM paid out 38.85 € of which the taxman took 5.83 € and I was left with 33.02 € as cash on my broker account.

The year end dividends have now also been updated on the dividends page.

Dividends during Aug/Sep/Oct 2022

 

Several companies have made payments during the three last months and can be seen below.

Yum Brands paid out 22.22 €.

McDonalds paid out 32.91 €.

Rio Tinto paid out 379.00 €.

ETF EU paid out 72.71 €.

Restaurant Brands paid out 56.13 €.

Nike paid out 12.41 € of which the tax man took 1.86 € leaving 10.55 € as cash on broker account.

BP paid out 46.53 €.

IBM paid out 40.48 € of which the tax man took 6.07 € leaving 34.41 € for me.

TJX paid out 18.84 € of which the tax man took 2.82 € and leaving 16.02 € as cash for me and finally...

Intel paid out 49.18 € with tax man taking 7.38 € and leaving me with 41.80 € in cash.

Dividends during June 2022

 

Yum brands paid out 21.62 € as cash on my broker account.

McDonalds paid out 31.22 € as cash on my broker account.

ETF EU paid out the handsome sum of 326.30 € as cash on my broker account.

Nike paid out 11.67 €, however taxman withheld 1.75 € and I received 9.92 € in cash on my account.

BP paid out 40.66 € as cash on my broker account and finally

IBM paid out 38.94 € of which taxman took 5.84 € and I got 33.10 € as cash on my broker account.

Dividends during March/April 2022

 

Yum brands paid out 9.74€ as cash on my broker account.

McDonalds paid out 29.89€ on my broker account.

ETF EU paid out 45.11€ to be used as I please on my UK broker account.

Shell paid out 58.86€ on my broker account.

Rio Tinto paid out the handsome amount of 462.12€ as cash on my account.

Intel dribbled in 31.56€ in cash.

BP paid the miniscule amount of 39.85€ as cash.

Nike provided me with 9.37€ in dividends and finally...

Skanska paid out 242.94€ of which I got to keep 170.06€ paid out as cash.

Dividends during December 2021

 

I'm a little bit late with this report so actually it also covers the dividend payments during the first week of January also but to my great pleasure several of them have paid out dividends to me so that it great!

BP - paid out 38.54€ that was received as cash on my broker account.

Nike - paid me 10.77€, the taxman took his pound of flesh (15%) and I received 9.16€ as cash on the broker account.

IBM - paid me 36.38€ and in the end it dropped in 30.92€ in cash.

TJC - paid out 14.61€ of which I received 12.42€.

Intel - paid me a nice chunk of 41.25€ of which 35.06€ stuck on my broker account.

ETF EU - directly gave me 13.52€ on my broker account.

Shell - gave me a nice payment of 58.29€ directly as cash.

McDonalds - paid out 29.40€ as cash on my broker account and finally

Yum brands - paid me the tiny sum of 8.44€ on my broker account.

Dividends during Sep/Oct 2021

 

During the two months there were some substantial dividend payments being made to my broker accounts. The biggest by far coming from Rio Tinto that with this payment snuck in on second place in dividend payments for the year. Only BASF have in cash paid out more to me.

McDonalds paid out 26.34 € as cash on my broker account.

Shell increased their quarter dividends and paid out 55.51 € to my broker account.

Rio Tinto added a bonus dividend payment which meant that I received 310.71 € out as cash on my account.

Nike paid out 9.45 € and after taxes I got 8.03 € on my broker account.

BP paid out 36.72 € and all of it ended up as cash on my account.

IBM paid out 34.51 € and after taxes I got 29.33 € on my account to make new investments with.

Dividends during December 2020: Shell, Intel, IBM & BP

Shell kindly paid out some dividends to me for my 190 shares in the size of €26.09 which, due to them being held in an ISA and being the UK Shell shares B, I paid no taxes on it and it arrived as cash on my broker account.

Intel also paid out dividends to me in the size of €37.06 from this was taken €5.56 in taxes and I received €31.50 as cash on my broker account.

As tradition holds for the US companies with quarterly payments I received also dividends from IBM. I received €33.56 and from this Mr. Taxman took €5.03 leaving €28.53 as cash on my account.

The final dividend payment for the year was from BP and in the size of €34.45 which was directly paid out as cash on my broker account.

To see my total dividend flow then please visit the Stock Dividends page that has now been updated. 

Dividends during September 2020: Intel, IBM and BP

 

For my 135 shares in Intel I received in total 37 € in dividends. From this was taken 5.55 € in taxes and I ended up with 31.45 € on my broker account.

IBM also sent some money over in the size of 34.27 € for my 25 shares. The taxman took 5.14 € and I received 29.13 € as cash.

The oil price is since a while fairly low and the dividends from BP now also reflects this. For my 800 shares I received a total of 35.13 € in cash on my broker account.

To see my total dividend flow then please visit the Stock Dividends page that has now been updated. 

Dividends during June 2020: Nike et al

A dividend payment was received from Nike in the size of 8.71 € from which 1.31 € was taken in taxes and I received 7.40 € paid into my broker account.

The Germany energy company RWE paid out a dividend of 264 € and from this was taken 69.63 € in taxes and I was left with 194.37 € on my broker account.

The chemical company BASF arrived with a dividend payment of 462 € of which Mr. Taxman (or woman) took 121.85 € and left on my broker account as cash was 340.15 €.

My trusted dividend payer BP sent over 73.41 € of dividends and all of it was paid out in cash on my broker account.

K+S provided me with 9.60 € of which 2.53 € went to taxes and I received 7.07 € as cash on my account.

IBM sent some dollars to me that converted became 35.69 € of which 5.35 € went to taxes and 30.34 € was added to my cash account.

Tradition was followed and Intel paid out 39.93 € with 5.99 € kept in taxes and 33.94 € was added to my broker account.

And finally my second German energy company E.On arrived with 184.00 €, of which 48.53 € was kept in taxes and I received 135.47 € in cash.

To see a bit more in details please visit my Stock Dividends page.

Dividends from January to April 2020

With this publication I am now finally on top of things again! All the dividends from the past has been sorted out (2018 and 2019) and now I have caught up with the dividends payments during 2020. I have also managed to make my simplistic analysis of all my current holdings and unfortunately all of them are not in the state that one would have liked to see. The three big ones there are my two German banks DB and Coba but also K+S has now joined the children choir of sorrow.

During these four months I have received:

Two dividend payments from Nike in total 17.63 €
Associated British Foods paid out 40.23 €
DBAG gave a nice payment of 232.50 €
Intel arrived with 39.88 €
TJX with measly 13.10 €
IBM with 35.48 €
and finally BP with 72.06 €

As tradition holds all dividends are re-invested with my monthly purchase.

This year will most likely not be very fruitful in terms of dividends due to two reasons:

1. Over 50% of my holdings are in non dividend paying ETFs
2. Many companies have decided to hold on to the cash from 2019.

I've also started to read other finance blogs and it is interesting to see how many of them have handed in the towel. I hope this is because they got tired of writing articles and that they privately are still enjoying the great fun of investing!

I hope all of you are busy reading up on companies and catching some good ones that are now more reasonably priced and you can be sure that I will, in the end of each month!

To see a bit more in details please visit my Stock Dividends page.

Analysis of BP 2020

Company: British Petroleum 

ISIN GB0007980591 | WKN 850517 

Business: A British oil giant. They are divided into two business units which are: Upstream (extracting gas and oil) and Downstream (fuels, lubricants and petrochemicals). They currently have five brands: BP(oil and gas), Aral (gas stations where I buy all my petrol), Castrol (lubricants), ampm (convenience stores) and Wild Bean Café (cafés). 

Active: 79 countries world wide employing around 70,100 people

P/E: 19.48

Here you can find the previous analysis of BP 2018.

With significant drop in share price due to A. Pandemic and B. Oil price the P/E of BP is still  too high with 19.5 even though it has "normalized" a little and the P/B is at 0.8 which is great. This actually gibes a go from Graham. The earnings to sales are silly low with only 2% as is the ROE with 4.3%. The book to debt ratio is not so good with 0.5.

In the last five years they have actually seen and increase in their revenue of 4.6%, per year which is good and gives us a motivated P/E of around 15 to 17 which means that BP is still slightly overvalued by the market considering their earnings.

They pay out a dividend of 11.1% which does however correspond to almost 215% of their earnings so unless they increase their earnings they really should reduce this instead of taking onboard more debt as they have been doing in the last five years... but I understand any company taking on debt when it is almost for free as it has been for oh, so many years now.

Future: The oil and gas industry is a dying breed and BP have started to be more involved in sustainable options such as biofuel, wind etc. Are they enough on the ball? I honestly do not know.

Conclusion: Graham says yes to BP but I am uncertain. I've always enjoyed the dividends but the debt start to worry me more and more for each passing year as does the future for oil and gas companies, a future which has always been clear, but is getting closer for each passing year. I will remain as a more cautious shareholder from now on.

Dividends from Intel, TJX, IBM and BP: June 2018

For my 135 shares in Intel I received a total of 34.50 € in dividends. From this 5.18 € was removed in taxes and I was left with 29.32 € as cash on my broker account.

To find out more about Intel then please click here.

For my 32 shares in TJX I received in total 10.52 € in dividends. The taxman took 1.58€ from this and I was left with 8.94 € as cash.

To find out more about TJX then please click here.

For my 25 shares in IBM I received 33.22 € in dividends. From this 4.99 € was removed in taxes to support the US economy and I was left with 28.23 € as cash on my broker account.

To find out more concerning IBM then please here.

For my 1,220 shares in BP I received a total of 103.49 € in dividends that were directly paid into my broker account as cash.

To find out more about BP then please click here.

To see my total dividend flow then please visit the Stock Dividends page that has now been updated. 

Analysis of BP 2018

Company: British Petroleum 

ISIN GB0007980591 | WKN 850517 

Business: A British oil giant. They are divided into two business units which are: Upstream (extracting gas and oil) and Downstream (fuels, lubricants and petrochemicals). They currently have five brands: BP(oil and gas), Aral (gas stations where I buy all my petrol), Castrol (lubricants), ampm (convenience stores) and Wild Bean Café (cafés). 

Active: 70 countries world wide employing around 74,000 people (they still claim this on their homepage)

P/E: 43.7

Here you can find the previous analysis of BP 2017.

The P/E of BP is still too high with 43.7 even though it has "normalized" a little and the P/B is up at 1.5 which is great. Still from Graham this is a no go. The earnings to sales are silly low with only 1% as is the ROE with 3.4%. The book to debt ratio are ok with 0.6.

In the last five years they have seen a massive decline in revenue, -8.5%, per year which is bad and gives us a motivated P/E of around 8 which means that BP is overvalued by the market considering their earnings.

They pay out a very nice dividend of 5.7% which does however correspond to almost 250% of their earnings so at some point they need to get themselves sorted out to keep sustaining these dividends OR make a dividend cut.

Conclusion: Graham clearly says no and I am undecided. Considering the latest oil price increases the future does indeed start to look better for BP but it is something that is completely out of their control and on top of that we do not know if it will remain this high or increase for that matter. It could just as well decrease to previous levels and that will have a massive impact on BPs earnings. Only two things are good and that is P/B and dividends. I will remain as a grumpy shareholder.

BP annual report 2017

For the report in full please click here and to see the previous summary regarding BP annual report 2016 or why not take a look at the latest analysis of BP 2017. 

The chairman's as well as the CEO's letter only contained happiness. They claimed that it was an excellent year... well... I say... They are still not up in earnings to cover the dividends that they pay out and without the price increase of oil then I am sure that the letter would not be so joyful.

If we take a look at the financial statement below then we see that the revenue did indeed increase (higher oil price so external effect), we also see that the purchase costs increased substantially so they did not manage to control that better but they did however manage to decrease their production and manufacturing expenses which is good.

Conclusion: The leaders of BP are happy about their accomplishments during 2017. I am less pleased. The chairman of the board will step down sometime during 2018 and we will have to see who takes over. I will remain as a grumpy shareholder.

Dividend from ETF Austria, BP, IBM and TJX: March 2018

For my 80 parts in ETF Austria I received a total of 90.00 € that was directly reinvested. Last year it was only 75 € so a strong increase.

To find out more about ETF Austria then please click here.

For my 1,220 shares in BP I received a total of 99.57 €. From this no taxes were taken and it all went into my broker account.

To find out more about BP then please click here.

For my 25 shares in IBM I received a total of 30.43 € in dividends. From this was taken 4.57 € in taxes and I received 25.86 € as cash on my broker account.

To find out more concerning IBM then please here.

For my 32 shares in TJX I received a total of 8.06 € in dividends. From this was taken 1.21 € in taxes and I received 6.85 € as cash on my broker account.

To find out more about TJX then please click here.

To see my total dividend flow then please visit the Stock Dividends page that has now been updated.