17 December, 2021 seen 31Wow, it happened earlier than I thought. Just a few days ago I announced that to avoid possible margin calls in the…
On April 8th, 2019, I sold all 61 shares of Tallinna Kaubamaja Grupp (TKM1T) I had, getting EUR 8.68 per share, that's slightly less I paid for this share just a month ago (EUR 9.28).
Despite this was one of the best stocks I've owned from the Baltic's I decided to sell off my Baltic holdings and to reinvest in US dividend-paying stocks. The main reason - most of the Baltic stocks pay a dividend once in a year, while US stocks pay monthly / quarterly.
I decided to sell it after got dividend payment (Sold before pay-date but after ex and record dates) and to re-invest money into quarterly paying stocks.
Tallinna Kaubamaja Grupp has been in my portfolio since 2017, and it paid a great dividend in April. After this sale, I must find new dividend-paying stocks for the month of April.
Right now, I missing $42 in April 2020 to break even with April 2019 dividend income.