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
Our dividend updates and graphs run from 1st July to 30th June each year, lining up with the Australian tax year.
In January 2016 we were paid the following in cash and franking credits:
- $0 Cash and $0 Franking Credits. Total $0
Like I said in December’s Dividend Income post, January and February are going to be dry months for us. We don’t own any companies that pay in January and hardly any Australian companies pay in February.
Below is the graph showing our yearly dividend income for the first 7 months:
With 7 months gone, that’s an average of $44.60 a month.
I suppose it’s a bit disappointing having no dividend income this month but we’re comfortable with that. The dividends we earn this year will be small, but it will help build what we earn in 5 years, 10 years, 20 years.
How was your January?
Thanks for reading this article about our investing journey Down Under.
Onwards and upwards!