Dividend update: January 2016

By | February 1, 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

 

Our dividend updates and graphs run from 1st July to 30th June each year, lining up with the Australian tax year.

Dividend Update

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:

Dividend Income January

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!

5 thoughts on “Dividend update: January 2016

  1. Roadmap2Retire

    Its something that I dislike about some of the international companies (soem companies from EU or Australia) that they dont pay quarterly or monthly dividends. We, in North America, are spoiled in that sense. In fact, a lot of investors simply outright discard investment in companies simply because they dont pay often enough like DIS or if the payment is not even each quarter like BX.

    But of course, dividends over the course of a year is what matters. Wishing you the best for the coming months.

    R2R

    1. Dividends Down Under Post author

      Thanks for your comment R2R.

      There is quite the difference with dividend payments between different continents. Unless you’re living month to month it’s about what you receive over the course of the whole year. As an Australian investor I’m used to bi-annual payments, monthly dividends sound crazy lol (so much more paperwork). I am always going to choose companies that make the best investment choice, rather than ones based on their dividend payment dates – I wouldn’t buy a company just because it pays in February and August.

      Thanks for your wishes.

      1. Roadmap2Retire

        Agreed. The payment schedule shouldnt change your investing decision. Always go for quality businesses 🙂

        R2R

    2. remembertowater

      Wow, paying monthly would be interesting! I think it takes the unnamed Australian company I work for more than a month to do the dividend payments! Given I don’t currently use dividends for cashflow, twice a year that many companies pay works for me, but if I was living off the payments it may be another story.

      1. Dividends Down Under Post author

        Thanks for your comment RTW. It’s really interesting to me seeing the differences of our Australian businesses compared to our overseas cousins.

        Like you, I’m not relying on dividends ($40 a month won’t get you far in Australia!) So I’m happy to take the best payments over the year rather than individual months.

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