Thursday, 23 February 2017

81. Week 8, Dividend status update 2017

Another quick update for this week’s dividend distributions! I’m really happy with the way my dividends tracker is performing. Having said that, I’m planning on making an empty version1.0 to be used for fellow investors using the same investment package as I am currently working with. This will be material for a later post, because there is a lot more to it. First of all, let’s get down to the numbers. Continue reading for the (preliminary) numbers for week 8!

In total, for this week, there’s still over 37USD worth of dividends in the pipeline. On top of that, there’s 327 rights of RDSA (Royal Dutch Shell) awaiting for conversion into new shares.

Also, I went for Quick cash and sold some speculative stocks. Now that these free dollars are bound to be re-invested for the sake of dividends: a total of 195 shares of Credit Suisses High Yield Bond Fund are in the orderbook. The Reuters description of this company:

Credit Suisse High Yield Bond Fund (the Fund) is a non-diversified, closed-end management investment company. The Fund's primary objective is to seek high current income. The Fund invests primarily in below investment-grade United States fixed-income securities. The Fund’s investment advisor is Credit Suisse Asset Management, LLC.
The Fund invests in various industries, including aerospace and defense, agriculture, auto loans, auto parts and equipment, beverages, brokerage, building and construction, chemicals, consumer products, electronics, Energy-exploration and production, environmental, food and drug retailers, gaming, health service, leisure, media, office equipment, packaging, software and telecom-wireless.
That looks like a diverse fund. Also, is the share value reasonably stable over the past years. And they promise a 10% dividend yield. And a share is only 2.76USD. And a monthly dividend payment.

Wish you guys a great weekend!