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, please read here to find our most recent posts on our Dividend Income.
In March 2016 we were paid the following in cash and franking credits:
- Challenger $34.24 Cash and $14.67 Franking Credits. Total $48.91. We have re-invested this dividend and will post our thoughts on their latest report soon.
- Greencross Vets $10.44 Cash and $4.47 Franking Credits. Total $14.91
- Combined: $44.68 Cash and $19.15 Franking Credits. Total $63.83.
Below is the graph showing our yearly dividend income so far:
With 9 months gone, that’s an average of $41.78 a month. The average is holding up after a great start to the year. April and May will also include dividends, so our average should be decent at the end of the tax year in June.
We like Challenger and Greencross both as companies and dividend payers, we expect each of their dividends to grow for many years to come.
How was your March for dividends?
Thanks for reading this article about our investing journey Down Under.
Onwards and upwards!