Friday, 26 September 2014

Dividend Income: September 2014

Every month I am going to be providing a breakdown of the dividend income received from my shares. The overall monthly total will be included on the main “Dividends Received” page.

  • Unilever--£9.01
    • This year's dividend of 22.53p per share is a slight decrease on the dividend per share value of Q2 2013 (23.12p). Chiefly because of currency exchange rates.
  • Barclays--£4.03
    • The 1p dividend per share is the same as the 2013 Q2 dividend per share.
  • BP--£6.08
    • Dividend per share for Q2 2014 was $0.0975. 2013 Q2 dividend of 5.763p per share but this year it is 5.9593. This has been helped by a weakened pound as a result of the Scottish independence vote (exchange rate was announced 9 September).
  • Catlin--£10.50
    • This was yet another increase from Catlin with a 10.5p per share value up from 10p in 2013. They are thus set to continue their record for increasing dividends every year since their IPO in 2004.
  • SSE--£24.28
    • 2014's final dividend of 60.7p per share is an increase on 2013's final dividend of 59p per share.
  • BHP Billiton--£9.41
    • 2014 saw another increase to $0.62 from $0.59 in 2013 for the final dividend. The strong pound has, however, again challenged the sterling return a little.

Total for September: £63.14.

This is by far my largest monthly dividend income total so far. It is almost three times larger than any other month so far. Indeed, looking at my quarterly income it is over three times larger than any previous quarter. This is excellent news, of course.

This is thanks in large part, of course, to the SSE final dividend and the contribution for one of my recent purchases, Catlin. As such, this total pushes me much closer to my £200 dividend goal for 2014. Thanks to September's contributions I am now over 68% towards my goal:

This makes me more confident that I can hit my £200 target for the year as I expect October to also be a stronger month than those in the first half of the year.

[Creative Commons image from Flickr user 401(k) 2012]

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