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 lives, the better.
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.
If you are reading this quite a bit later than when it was posted, information in this article might not be current.
In February 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 were going to be dry months for us. I can’t think of a single company that pays in February in Australia. If one exists, it’s not one on our buy-radar. The next 2 months, March & April, are going to be full, jam-packed with dividends.
Below is the graph showing our yearly dividends income for the first 8 months:
With 8 months gone, that’s an average of $39.02 a month. The average is dropping, but after March and April it will be higher again.
Months without dividends aren’t as fun as months with dividends. But, we’re happy with the shares we own, it doesn’t matter which months they pay, as long as we receive a good amount over the course of a full year.
How was your February for dividends?
Thanks for reading this article about our investing journey Down Under.
Onwards and upwards!