Dividend update: December 2015

By | January 12, 2016

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 our 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, please read here to find our most recent posts on ANZ (ASX:ANZ)

Dividend Update

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

This dividend was re-invested into buying 2 more ANZ shares, which will add $3.62 cash, $1.55 franking credits, $5.17 total dividend income to the next year of payments from ANZ.

Below is the graph showing our yearly dividend income for the first 6 months:

2015 December Dividend Graph

With 6 months gone, that’s an average of $52.03 a month, still over $50.

December only had 1 dividend payment from ANZ. But it was an increase from the December 2014 dividend, which helps our income. I’m not sure that ANZ will be firing on all cylinders in the short term, but its Asian businesses will be the key to any growth. It also wants to take a greater share of the residential loan market, so I’m hopeful of modest increases.

Seeing the dividends there on a graph is inspiring to me. I can see our future life starting to sprout from the seedlings we’ve planted.

The next couple of months will have little dividend activity, but at this point I’m really pleased with the progress so far.

What do you think of our half year progress? How was your December?

 

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

Onwards and upwards!

10 thoughts on “Dividend update: December 2015

  1. Tawcan

    That’s awesome you’re starting investing so young. I wish I had to knowledge to get started when I was in my mid-20s. Keep saving and investing and your future will look very bright!

  2. Dividends Down Under Post author

    Thanks for dropping by and commenting Tawcan.

    We hope and plan on making big things happen, and giving ourselves more time to achieve our goals and compound our way to success sounds good to me.

    Definitely in this for the long run, both investing and blogging.

  3. DivHut

    I always love reading the results of fellow DGI bloggers no matter where they are on their journey. Kudos for starting out at such a young age. Time is definitely the ally of the young. While I have been investing in the stock market for many years I only became a dedicated dividend growth investor about 8 years ago. Keep sticking to those quality names that have safe dividends. Nice looking chart too.

  4. Dividends Down Under Post author

    I always love reading your comments on the blog 🙂

    Time is definitely the ally of the young, and we intend to use the power of compounding to its fullest. I hope in 8 years time our portfolio will be as robust as yours and our chart will always be in the hundreds rather than $00s or $0.

  5. Pingback: Dividend update: February 2016 | Dividends Down Under

  6. Dividend Freedom

    Congratulations! Welcome to the world of passive income 🙂

    I have started to be interested in Australian stocks, since there seems to be a culture of high payout ratios compared to companies from Europe or the US.

    I have already bought ANZ, the next Australian dividend growth stock that I am contemplating is Retail Food Group – they have raised their dividends for the last 9 years in a row. Do you know them?

    1. Dividends Down Under Post author

      Hi Dividend Freedom, thanks for coming by 🙂

      The increased payout does make a very nice yield, therefore higher dividends, but watch out as over time they’re not re-investing as much back into their business for future growth..so it’s a bit of a trade off.

      I do know fairly well, owner of lots of food brands plus a huge coffee roaster in Australia, USA. Expanding into Asia too. We nearly bought them a while ago (ended up with going something else), we thought they had a good short & medium term future plus have consistently grown their dividend like you said. Perhaps one day we will invest in them.

  7. Jef Miles

    Good on ya man! Before you know it you’ll get there, looking forward to seeing your income continue to grow and grow :)!

      1. Jef Miles

        I feel that nothing is certain forever however you seem to have the right mindset man! 🙂

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