Thanks to our steadily growing portfolio of stocks, bonds and cash, we’re enjoying the benefits of a regular passive income. In April, we earned €212.70 ($260). After the abundant capital inflow in March, this time only two of our portfolio companies paid out a dividend.
From Stuttgart and Munich with Love
After doubling both positions in March, we were very happy to see that Stuttgart-based Daimler raised its dividend per share from €3.25 to €3.65 (+12.3%).
By the end of April 2018, we made exactly €722.03. This corresponds to an average passive income of €180.51 per month (previous month: €169.78) or €2,166.09 calculated on an annual basis. Up to now, 95 percent of the revenues were accounted for by dividends and 5 percent by interest payments.
We obviously moved slightly closer to our annual goal, which is to generate an average passive income of €250 per month. And the next dividends are fortunately not that far away, as many of our German portfolio companies pay out their dividends only once a year in May.
Recent portfolio additions in April 2018
On our way to financial independence we constantly try to improve our income situation. To that end, we pursue a twin-track investment strategy.
At its core stands a broadly diversified ETF portfolio, which we manage through value averaging. In April, no additions were necessary.
Our ETF portfolio is complemented by a high-yielding stock portfolio, which we manage according to our own valuation metric. However, we didn’t initiate any new position in April.
Our passive income for 2018 is now expected to hit €2,773.90 (previous estimate: €2,763.46). That would be an increase of 35.9% compared to 2017.