14 June, 2022 seen 60On June 13th, 2022 I bought 40 shares of AMS: INGA (ING Groep NV) paying EUR 9.45 per share. I'm now holding 140…
I'm on my way of building a million dollar retirement account from scratch by the time I will turn 60 (in 2045).
Right now, in July 2017, I've reached about 0.65% from my goal. My investments this year have been spread across peer to peer lending, dividend paying stocks, mutual funds, cash and even crypto currencies. If you are interested in current progress, see dividend income reports.
I had an idea of building monthly dividend paying stock portfolio and I started to build it from equities bought at the Baltic's (Nasdaq Baltics), right now there are 9 dividend paying stocks from this region in my portfolio, generating passive income (dividends payments) in May, June and July,
I was looking to acquire more dividend paying stocks in the Baltics, but currently there is nothing interesting around horizon, most probably, I will miss a dividend payment in August, as there are no equities from my portfolio with dividend payments in August 2017.
To not to miss a dividend payment in month of August, I started to explore my options in other regions and stock markets, first what comes in mind, for sure is the US stock market, and I'm very eager to start buying stocks there, though I'm missing some $10,000 to open a discount stock brokerage account there (by the way I'm planing to open interactivebrokers.com)
My current brokerage account offers me to buy Baltic stocks for a 3 EUR commission, while both US and Scandinavian stocks for EUR 15 commission, which actually hurts a lot.
Now, as in case with Nasdaq Baltics I was looking to quickly find a dividend calendar on Nasdaq OMX Nordic market - I didn't. Finally with help of Google translate, I decided to try "dividend calendar" in Swedish, which translates as "Utdelningskalender" and then I was able to find investing.com website listing most of the Worlds stock exchanges, including Scandinavian, using a few filters I was able to find dividend paying stocks in all Scandinavian stock exchanges (Stockholm, Oslo, Helsinki and Copenhagen)
investing.com dividend calendar
After a few hours of data manipulation and Google Spreadsheet, I come up with following high dividend paying stocks in Scandinavia for month of August
|Country||Stock name||Annual Dividend||Price Per Share|
|Sweden||SAS Pref (SASpref)||50||547||SEK||57.38||9.14|
|Sweden||Oscar Properties Pref (OPpref)||20||269||SEK||28.22||7.43|
|Sweden||Oscar Properties Pref B (OPprefb)||35||510||SEK||53.50||6.86|
|Sweden||Volati Pref (VOLOpref)||40||621||SEK||65.14||6.44|
|Sweden||B&B Tools (BERGb)||5||123.75||SEK||12.98||4.04|
|Denmark||Flugger B (FLUGb)||15||373||DKK||50.14||4.02|
|Sweden||Oriflame Holding AG (ORIFL)||9.45||317.6||SEK||33.31||2.98|
|Denmark||Harboes Bryggeri B (HARBb)||2||121.5||DKK||16.33||1.65|
|Sweden||Systemair AB (SYSR)||2||148||SEK||15.52||1.35|
Data source: investing.com, currency exchange rates as of July 14, 2017
Unfortunately my current brokerage account (SEB banka) doesn't offer to purchase most of the above listed stocks, with one exceptions - Denmark's Pandora. Though current price for Pandora seems way to high for me to enter Scandinavian market, and most probably I will skip aquiring it right now. On the other hand I would really love to own SAS PREF stock, but seems I need to find a better broker.
In case of you, and if you have better brokerage account, and you are looking to acquire some high dividend paying stocks in Scandinavia, here you go.
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