On October 21, 2019, I sold all 625 shares of Ignitis gamyba, previously known as  Lietuvos energijos gamyba (LNR1L) I had, getting EUR 0.56 per share, to finance the purchase of US stocks.

LNR1L​ has been in my portfolio since early 2018. Unlike the most of the Nasdaq Baltic listed companies LNR1L​ paid bi-annual dividend

Ignitis gamyba was neither a good nor a bad investment. After holding it for about 2 years. I have made a very tiny profit from dividends, but the value invested has decreased.

The good news probably is that I won't need to pay any tax on this as I have already paid dividend taxes and there is no need to pay tax on a losing position.

LNR1L​​ has contributed to the dividend income in 2018 and 2019. 

Right now I'm focusing on my US stock portfolio and plan to sell off more Baltic stocks I held in the future

Get the latest dividend income article in your inbox

Join more than 200 subscribers and get notified once the newest dividend income article is is out.
* indicates required

You can unsubscribe at any time by clicking the link in the footer of our emails. For information about our privacy practices, please visit Privacy policy