I am now in position to give you an update on our dividends estimation based on 2014 results and distribution proposal of the companies on our portfolio.
On January 29th, I posted our first estimate (Dividends estimation), the net dividend expected was 21’101 CHF.
I am very pleased to say that the amount will be significantly higher as most of the companies have decided to distribute capital gain or cash or even higher dividend, meaning free of tax. The blow table summarize the dividend per positions:
|Number||Title||dividend per share||Total dividends||Taxes||Net||Net Return|
Which is an increase of 53% compared to our first estimation. But the biggest achievement in my opinion is a 13% increase of revenue compared to our 2014 dividends revenue, so I cannot tell you how HAPPY we are.
Main differences are:
- Credit Suisse will distribute 0.7CHF per share vs. estimated 0.5CHF
- UBS will distribute 0.25CHF supplementary capital return per share following completion of squeeze-out
- Swiss Re will distribute 7.25 per share vs. estimated 6.62CHF
On the lower distribution compared to estimation is TransOcean that reduce their distribution. But at least as most analysts were planning TransOcean will distribute dividends.
The additional 11’166CH will allow us further investment and therefore more dividend growth for next year by around 400CHF considering the 3.89% net return percentage.
Hope you are in a similar situation and that your dividend revenues are continuing to grow, let us know where you are?