Dividend backdate: October 2015

By | January 2, 2016

Author: Mr DDU.

Disclaimer: Stocks mentioned on this blog are for general entertainment/documentation purposes only, following our own investment journey and decisions.Nothing in this article should be considered investment advice nor is intended to be investment advice. Please click here to continue reading our disclaimer. By viewing any page on this blog you are agreeing to the linked terms & conditions.

One day we want to be able to live purely off the income from our investments. The earlier this happens in our life, the better.

How will we know when this happens? How do we know if we’re getting any closer?

By tracking it of course. Each month, we’ll add up how much dividend income we’ve received. Hopefully every time we do this it will show the income is steadily increasing, bringing us closer to my goal.

Out of all the things we track, our dividend income is the most important to us.

We have started this post series from July 2015 because the Australian Tax Year/Financial Year runs from 1st July to 30th June. We have been investing for a little while before the blog and we had to start somewhere, the start of the financial year seemed like a clear fit.

If you are reading this quite a bit later than when it was posted, information in this article might not be current.

Dividend Update

In October 2015 we were paid the following in cash and franking credits:

Would you like to see this on a graph? I bet you do, here it is:

2015 October Dividend Graph

With 4 months gone, that’s an average of $60.41 a month. Over $60 a month on average, that’s quite good.

Japara has got some real long term prospects with increasing amounts of elderly using their services. Slater Gordon continues to grow its business and dividend. I’m fairly confident this time next year both of these will have increased their dividends to us.

Another month above $80, 2 in a row! Not quite as strong as September but still fantastic. Although every month won’t be like this, it goes to show that with just a few small share purchases, the rewards are noticeable already. In the last 2 months, we haven’t had to do anything to receive nearly $180.. that’s the life if you ask me. We just need to supersize how much we’re getting.

What do you think of our progress so far? How was your October?


Thanks for reading this article about our investing journey Down Under.

Onwards and upwards!

4 thoughts on “Dividend backdate: October 2015

  1. jefmiles

    Going well here & that’s a decent level of income to start of consistently gaining..

    Would be interested to hear your views / perspective on other investments as well although sure this may come later on 🙂

    I’ll keep reading if you keep posting!

      1. Jef Miles

        Yep, that’s right, investment or as the US call them rental properties, bonds, gold, bitcoin (probably wouldn’t touch bitcoin yet as I don’t particularly understand it) although I’m keen to build up multiple income streams and this is something we’ll talk about on Money Glee 🙂

Comments are closed.