Dividend Monsters

Image courtesy of Gualberto107 / FreeDigitalPhotos.net

Image courtesy of Gualberto107 / FreeDigitalPhotos.net

Having read a recent article by The Conservative Income Investor, on the dividend performance of Shell, I thought I would look at how they have performed on a UK basis to confirm that they are the same great company over here as they are over there.

This is what I discovered.

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August Savings vs Income

Image courtesy of Stuart Miles at FreeDigitalPhotos.net

Image courtesy of Stuart Miles at FreeDigitalPhotos.net

It is the end of the month again, and it’s time once again to find out how my savings versus income has performed.

As I received a bonus this month, my income was higher than normal, but so were my savings.

The details of my savings for this period and the year to date are in the tables below. Continue reading

Amec – Interim Results

AmecAmec Foster Wheeler plc provides consultancy, engineering, and project management services to the oil and gas, mining, clean energy, and environment and infrastructure markets worldwide.

The company have announced their half year results, which is the first since Amec plc and Foster Wheeler combined in November 2014. Their results have obviously been affected by the fall in the oil price fall, and their profits were 24% lower than the forecast at the time of the merger at £188m from turnover of £2,581m. Continue reading

Update to Blogroll

"Image courtesy of Stuart Miles / FreeDigitalPhotos.net".

“Image courtesy of Stuart Miles / FreeDigitalPhotos.net”.

As the number of UK based blogs about Dividend Investing / Financial Independence / Early Retirement is increasing, I have recently updated my blogroll by adding the new sites that I have recently become aware of. The number of UK sites listed has now increased to 16, from the half a dozen or so that were around when I started around two years ago. Continue reading

Recent ISA Purchase

Image courtesy of Grant Cochrane / FreeDigitalPhotos.net

Image courtesy of Grant Cochrane / FreeDigitalPhotos.net

Following receipt of a bonus from work and the monthly savings I set aside for investing into my ISA I have accumulated sufficient funds in my ISA to make buying cost effective.

I have therefore made a second purchase in August to follow my SIPP buy I posted about recently. Of course, the timing of the purchase (around a week ago) was particularly bad, but I will still be receiving dividends on this purchase later in the year. Continue reading

What Do I Do Now My Shares Are Falling?

Keep CalmWe have seen this week how scary the stock market can appear, the FTSE100 has fallen by over 5% this week alone and it is down more than 10% from its all time high. On a personal level I have lost over £7,000 in my SIPP, and just under £3,000 in my ISA since May, and if I was to measure the losses from the peak value of my investments it would be even more than this.

OUCH

So this must be the right time to sell up before I lose even more money, right? Continue reading

Weekend Reading

Image courtesy of Gualberto 107 / FreeDigitalPhotos.net

Image courtesy of Gualberto 107 / FreeDigitalPhotos.net

This week I have been reading lots of interesting articles, and following on from my UK bloggers community theme last week, thought I would start with Huw from Financially Free by Forty’s post about a meet-up that he arranged for UK investors. This was the second one (both arranged by Huw), and it looks like it was a great success (unfortunately I was unable to attend), with more people attending than the first. I hope I am able to attend the next meeting, and look forward to this becoming a regular occasion where the community in the UK can really grow. Continue reading

Income vs Savings

Image courtesy of Stuart Miles at FreeDigitalPhotos.net

Image courtesy of Stuart Miles at FreeDigitalPhotos.net

As I am still catching up from the time I wasn’t posting updates, I haven’t reported how things have been going with my savings since April. This article will update where I am on my savings versus income so far this year.

The last update I posted was for April, therefore this update will cover May, June and July. The details of my savings for this period and the year to date are shown in the tables below.

The reason I am posting is to show how regularly saving a portion of my savings will build a pot to fund my Financial Independence and allow me to escape wage slavery as early as possible.

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Weekend Reading

Image courtesy of Gualberto 107 / FreeDigitalPhotos.net

Image courtesy of Gualberto 107 / FreeDigitalPhotos.net

I have been catching up with reading my favourite blogs recently, and seen some excellent posts. It’s also great to see more UK based bloggers in the Personal Finance / Financial Independence area, so I have linked to only UK blogs for this article, as I would like to encourage people to read them, which will hopefully encourage more people to write.

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Recent SIPP Purchase

Image courtesy of Grant Cochrane / FreeDigitalPhotos.net

Image courtesy of Grant Cochrane / FreeDigitalPhotos.net

Following the receipt of my bumper August dividends, I have now re-invested the cash (plus the May, June & July dividends) in one of the companies that were on my watchlist which I wrote about recently.

So I have bought 95 shares in Royal Dutch Shell at £19.0669 per share. This means that for the sum of £1,832.26 I will receive approximately £28 in dividends in September (the exact amount depends on the exchange rate on 4th September), on an annualised basis this means I will receive around £110.

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