Once in a month I will publish a Passive Income Report. This will show you what changes happened in my portfolio and how much passive income I collected during the month. This month I received 176,2 € in passive income, which is a 49 % decrease compared to last March.
Fortunately this decrease is not a result of any dividend cuts. Nordea changed their dividend payment date and as a result they will pay dividends in April instead of March. This means the next month is going to be amazing and I will probably reach my first 500 € month!
- Exxon (XOM) – 12,4 €
- Gilead Sciences Inc. (GILD) – 14,0 €
- Johnson & Johnson (JNJ) – 15,8 €
- Microsoft (MSFT) – 10,1 €
- Realty Income Corporation (O): 12,5 €
- Royal Dutch Shell (RDS.A): 37,6 €
- Target Corporation (TGT) – 31,3 €
- Mintos (P2P loans): 42,5 €
To keep things as simple as possible, I have converted all currencies to Euros.
In 2019 I have received 533 € in passive income, which is 15,2 % of my annual goal (3 500 €). I am currently behind my goal, but I am feeling confident that I can reach it.
If you are interested to read more about my passive income history, you can access older reports for more details.
One company in my portfolio announced dividend increase in March:
- WP Carey (WPC): +0,2 %
As you can see, no significant dividend increases this month. This single raise increases my projected annual passive income by 0,3 €.
I purchased 65 shares of Iron Mountain Inc. (IRM) in March. You can read more about the purchase here.
I also sold half of my Norwegian shares (NOFI), because Norway recently changed their tax policy and foreigners have to pay a 25 % withholding tax for dividends. Selling Norwegian shares from my portfolio is also one of my goals for 2019.
Stock market was still pretty calm in March and my portfolio value increased by 4 %. I purchased another REIT and one company in my portfolio announced a dividend increase this month. As a result my projected annual income increased by 105,8 €.
Thanks for reading!
How was your month? How much passive income did you receive? Please share your thoughts in the comment section below!