Author: Mr DDU.
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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.
In November 2015 we were paid the following in cash and franking credits:
- $Nothing Cash and $Zero Franking Credits. Total $Nil
Below is the graph showing our zero dividends this month:
With 5 months gone, that’s an average of $48.32 a month, just under $50.
We didn’t have any dividends paid in November 2015, that’s okay, maybe next year. Although perhaps not, I can’t think of any that pay November that we’re interested in.
Thanks for reading this article about our investing journey Down Under.
Onwards and upwards!