Thanks to our steadily growing portfolio of stocks, bonds and cash, we’re enjoying the benefits of a regular passive income. In June, we earned €366.23 ($430). This was one of our 3 most profitable months in 2018.
Energy is dominating
In June, our passive income included the quarterly dividend payments of British-Dutch oil and gas giant Royal Dutch Shell (€223.90), US electric and gas utility company Southern Co (€50.96) and US biotech company Gilead Sciences (€17.16). In addition, my DAX-tracking ETF (€52.40) paid out its dividend in June as well. Furthermore, MoneYou increased my cash position thanks to quarterly due day-to-day interest (€21.81).
We were also happy to see that one company increased its dividend. Southern Co raised its DPS from $0.58 to $0.60 (+3.4%).
In the first half-year of 2018, we made exactly €1,563.88. This corresponds to an average passive income of €260.65 per month (previous month: €239.53) or €3,127.76 calculated on an annual basis. Up to now, 86 percent of the revenues were accounted for by dividends and 14 percent by interest payments.
In terms of our annual goal, which is to generate an average passive income of €250 per month, we’re now right on target. However, we don’t expect any dividend or interest payments in July. This will definitely set us back a bit.
Recent portfolio additions in June 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 June, 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 June.
Our passive income for 2018 is now expected to hit €2,798.18 (previous estimate: €2,764.68). That would be an increase of 37.1% compared to 2017.