Month review of my Vrijheid Fonds for the month of June 2020
We leave the first half of 2020 behind us and we’ve already entered the second half of 2020. But before I look back at the first half of 2020, it is time to write a post about my favorite topic, dividends!
I hope this post inspires other people out there to start saving and investing as soon as they can. The power you feel knowing that you are richer than you were yesterday and you didn’t have to work a minute for it, is a wonderful feeling.
June is history, and lets see what it brought. June is always a good month. It is the last month of the quarter and a lot of companies pay dividend in June. This is always a good month for my Vrijheid Fonds.
But here is my spoiler alert! Due to the COVID-19 virus, the economy of most countries has been hit hard. This is also reflected in my Vrijheid Fonds ☹️
Lets take a look at the numbers and tell you the status of my Vrijheid Fonds and report my passive income for this month. In total I received €596.19 ($669.50) in passive income. I had two dividend increases. Johnson & Johnson raised its dividend with 6.3% and Southern Company with 3.23%. I love these kinds of increases.
Unfortunately, I also had to collect one dividend decrease. Royal Dutch Shell slashed its dividend by 66%. For more information about this historical decrease, just read my post Shell’s first dividend cut since WWII.
If we take a closer look, the dividend was coming from:
Royal Dutch Shell (RDS) € 54.92
Unilever (UN) € 88.95
3M Company (MMM) € 54.61
Aflac (AFL) € 10.17
Archer-Daniels-Midland (ADM) € 11.18
Chevron (CVX) € 35.15
Consolidated Edison (ED) € 13.90
Johnson & Johnson (JNJ) € 34.40
McDonalds (MCD) € 19.87
Microsoft (MSFT) € 12.35
Realty Income (O) € 21.17
Southern Company (SO) € 24.22
Target (TGT) € 34.97
Wal-Mart (WMT) € 18.39
Mutual Fund € 161.95
All these dividends together make a total of €596.19. This is more than last year’s June. However, due to the request of the European Central Bank, NN Group and my Rabobank Certificates didn’t pay me any dividend this month. This was compensated by the dividend that I have received from my mutual funds. They normally pay in May, but this year the payment date fell in June. If we take all this into account, I had a YoY decrease of a little bit more than 6%.
Both NN Group and Rabobank wrote in their statement that they suspended the payments. So let’s hope they will catch up their payments later this year .
For an update of my Dividend Income click the hyperlink. In 2020 I received a total in passive income of € 2,100.99
If we take a look at my Vrijheid Fonds (Freedom Fund) we can see it was a good month. My total portfolio value at the end of June is €124,723 which is an increase of 0.87% over last month (€ 123,648). I again donated € 900.00 of fresh capital to my Vrijheid Fonds and I bought € 461 worth of mutual Funds for my “Safe-haven-sleep-well” part of my Vrijheid Fonds.
I didn’t make any new buy for my Vrijheid Fonds this month. I’m proud of the development of my Vrijheid Fonds and again this month I made a nice step in my journey.
How was your month? Did you receive more dividends than last year? I like to hear from you.
Thanks for reading!
Because all figures I give are in Euro’s. And because the exchange rates is not constant (duh…) my passive income changes per month (even if the dividend stays the same). For the record: I only post my passive income from dividend the month I received it on my brokers account. And it is after taxes.