New times, new routines

Last night we received the dividend from Rithm Capital Corp. Common Stock (RITM). After we received this payout, there is barely 10% left of the month's estimated payouts. July's dividends will be almost exactly according to the forecast. Then begins one, for us, of the worst dividend months of the year.

However, July will perform worse than April even though we have invested all the May and June dividends. The main reason for this is that the acquisitions we made with the dividends for May and June do not have January, April, July and October as dividend months, plus that the special dividends during July have been almost non-existent.

As both the stock market and the US dollar have increased in value recently, we will not be making any acquisitions in the near future. Another decision we have made is to move future dividends we receive from our holdings in Nordea to Nordnet until further notice.

The reason for this decision is due to Nordea's unwillingness to be accommodating recently. Since Nordnet is as quick with the foreign tax refund as Nordea these days and that was the only reason why we moved a lot of money from mainly Avanza but also Nordnet, there is no reason for us to continue with Nordea.