Dividend Talk

This week we welcome our first Belgian guest to the show: Belle Dividends (Kim). Kim's story starts almost by accident. In January 2022, after a failed attempt to become a crypto trader, he opened an account with Belgian broker Bolero and bought his first three stocks: AB InBev, Kinepolis and Umicore. A few years and a lot of YouTube and podcast listening later, he now runs a portfolio of 82 positions built around a simple goal: a 3% net dividend yield, even after Belgium's notoriously heavy dividend tax.
In this episode Kim walks us through his investing journey, why dividend investing suited his personality more than growth or trading ever did, and how he deals with Belgian withholding tax (spoiler: UK stocks and a Legal & General dividend ETF both play a role). We also get into his interest in African equities, including his top position Helios Towers, plus Airtel Africa and DRC listed Texaf, and why he believes sub Saharan Africa's demographics make it one of the more interesting growth stories out there.
Kim also shares the remarkable story of taking over his mother's finances after a dementia diagnosis, and how that led to a rapid, deliberate windfall investment that shaved more than a decade off his path to financial independence. We round things off with his thoughts on oil markets and macro trends, the tax friendly countries he's considering for the future, and a big batch of listener questions on portfolio strategy, UK renewable energy trusts, and more.
Also in this episode: Derek and European DGI open with the Trump and FIFA controversy around the USA v Belgium match, and share an update on Greencoat UK Wind ahead of its July investor presentation.
Kim's path from a frustrated would be crypto trader to an 82 position dividend portfolio
Navigating Belgium's dividend tax and why she targets a 3% net yield
Investing in Africa: Helios Towers, Airtel Africa and Texaf in the DRC
Taking over his mother's finances and investing a large windfall with intention
His macro view on oil, the Permian basin and the Iran conflict
Tax friendly countries on her radar for the future: Paraguay, Cyprus and Georgia
Listener questions on allocation strategy, ETFs, and UK renewable energy trusts like Greencoat UK Wind

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In episode 302 we review our Q2 2026 dividend portfolios during a quarter where the market quietly rotated out of tech and back into dividend growth. EDGI is now 99.6% of the way to his FIRE number with +14.4% dividend income growth for the quarter, while Derek crossed €7,000 in trailing dividend income, up 14% year over year. On the news desk: why the US Dividend Aristocrats (NOBL) are outrunning software in 2026, Palantir (PLTR) CEO Alex Karp calling AI token pricing a "wealth tax" on business, and whether AI agents should be taxed after OpenAI's reported 5% equity offer to the US government. Stocks we get into include Accenture (ACN), Wolters Kluwer (WKL.AS), VICI Properties (VICI), Vopak (VPK.AS), General Mills (GIS), Paychex (PAYX), ADP (ADP), Big Yellow Group (BYG.L), British American Tobacco (BATS.L), Shell (SHEL.L), Legal & General (LGEN.L), NN Group (NN.AS), Alibaba (BABA), Microsoft (MSFT) and Apple (AAPL). Plus Q2 hikes from JPMorgan Global Growth & Income (JGGI.L), 3i Group (III.L) and LondonMetric (LMP.L). We close with listener Q&A on low-yield growth stocks, the ones that got away, and how we'd invest €500 a year for a newborn.
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Disclaimer: Educational content only. Not financial advice.

We're kicking off Season 7! This week we cover Bayer's (BAYN.DE, BAYRY) Supreme Court win in the Roundup case and the reopened Strait of Hormuz, then break down five bank dividend increases: Morgan Stanley (MS) +15%, Citigroup (C) +11.6%, Goldman Sachs (GS) +11.1%, Wells Fargo (WFC) +11.1% and JPMorgan Chase (JPM) +10%. Our main topic: the dividend growth investing mindset in "the boring middle" — staying motivated through years of slow compounding, why higher-yield names like Intel (INTC) and HP (HPQ) start looking tempting, and why we still buy growers like Accenture (ACN) and PepsiCo (PEP) even though the Magnificent Seven could have beaten our returns. Plus listener questions on diversification, rebalancing, the LDEG Europe dividend ETF, WACC/ROIC, cash-secured puts and more. ⁠Join us :
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Disclaimer: Educational content only. Not financial advice.

Episode 300. We made it 🎉
This one was recorded live on our Discord Server, and it felt exactly like it should – a little chaotic, a lot of fun, and genuinely reflective at times.
We were joined by two special guests: Nelson from Canadian Dividend Investing and Luke from the Wall Street Wildlife Investing Podcast (links below). Both appeared in listener surveys as all-time favourite episodes, so having them back for this milestone felt right.
Here's what we covered:
Where we both are on the dividend and FIRE journey right now
Our top yield on cost positions and what it feels like to hold them
How our investing philosophy has shifted over 300 episodes – and what has stayed exactly the same
Listener quotes, including one from Claudius in Germany that stopped us in our tracks
Live Q&A with the community
A closing toast (drinks were involved)
Thank you to everyone who submitted questions, shared their favourite moments, and has been listening since the early days. Claudius said it best: it's about consistency!
Here's to the next 300 🥂

Links to follow Nelson:
X: ⁠https://x.com/CDInewsletter
Podcast: https://open.spotify.com/show/0K9MR37plzQF9GJ7KvpCaA?si=f6abf33d30ba45dc

Links to follow Luke:
X: https://x.com/7LukeHallard
Podcast: https://www.youtube.com/@WallStreetWildlifeJoin us :
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Disclaimer: Educational content only. Not financial advice.

In Episode 299, We lay out their worst stock picks, the dividend cuts they didn't see coming, and the companies they were completely wrong about. Walgreens Boots Alliance (WBA), Tupperware (bankrupt), Canopy Growth (CGC), Intel (INTC), AT&T (T), Evolution Gaming (EVO.ST), Tanger Properties (SKT), WP Carey (WPC), VF Corp (VFC), Medtronic (MDT) , they're all here. Plus: Derek has a crypto secret.
Also covered: United Health (UNH) and Medtronic (MDT) dividend hikes, listener Q&A on the Chowder Rule, EDGI's tier system, consumer staples accounting, Munich Re (MUV2.DE), Berkshire's TMHC deal, and most interesting stocks right now including ADP (ADP), Wolters Kluwer (WKL.AS), and Aalberts Industries (AALB.AS).
Episode 300 is next week — live show. Join the link in the episode notes.
Follow us: @DividendTalk and @EuropeanDGI on X/Twitter | dividendtalk.eu
Not financial advice. Derek and EDGI are not financial advisors. Always do your own research.
Episode 300 is just weeks away — sign up for the live show via ⁠⁠https://docs.google.com/forms/d/e/1FAIpQLScSyGjwjj1cl1iAIIp87bJb5u3pq3Ez6yynchPzmxaz0sSLWw/viewform?usp=header⁠