Dividend update: April

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.

Dividend Update

In April 2016 we were paid the following in cash and franking credits:

  • Altium $11.30 Cash and $0 Franking Credits. Total $11.30.
  • Collection House $11.78 Cash and $5.05 Franking Credits. Total $16.83
  • Select Harvest $14.07 Cash and $0 Franking Credits. Total $14.07
  • Combined: $37.15 Cash and $5.05 Franking Credits. Total $42.20.

 

Below is the graph showing our yearly dividend income so far:

April Dividend Income Graph

With 10 months gone, that’s an average of $41.82 a month. The average stayed consistent at $41 since our last dividend update for March.

With only a couple of months left, $500 for the tax year will be a close call to see if we achieve it.

How was your April for dividends?

 

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

Onwards and upwards!

33 thoughts on “Dividend update: April

  1. Vivianne

    I think with any of your buys, it won’t have the full effect until 3 months in. So, I think you are good there.
    This month I’m still beating January, but starting next month, I’ll see the dividends to go down. Hopefully I can have my house rented by the end of the month.

    1. Dividends Down Under Post author

      Hey Vivanne, thanks for your comment. I don’t mind that our dividends aren’t fantastic to begin with, we are young and it gives them time to grow. As long as year-on-year the total goes up by a nice % then it’s all good.

      I hope your rental property starts earning you some good $ soon to make up for the dividends.

  2. Dividend Hustler

    Keep it Up. You’re doing awesome. Keep at it and in no time, its gonna just trend higher and higher. Don’t stop bud.

    1. Dividends Down Under Post author

      Thanks for coming by Hustler, I really appreciate your comment.

      We definitely won’t stop, we have only just started 🙂

  3. Mr. Tightarse

    Looks like you’re set for an edge of your seat finish to the end of the year!

    I’m not actively looking at or managing my portfolio at the moment but we received one dividend this month from Tassal for $39.83 which was a nice surprise. I wasn’t aware they had a dividend reinvestment plan so I took it in cash but I’ve since signed up for the reinvestment.

    1. Dividends Down Under Post author

      Thanks for your comment Mr tightarse. 🙂

      No wonder you aren’t actively managing, you are going on an amazing (currently delayed) roadtrip.

      Congrats on the dividend, nothing fishy about that. Re-investing is a great way to compound wealth.

    1. Dividends Down Under Post author

      Hey TPE, thanks for the comment and the question 🙂 Our yield at the moment (without franking credits) is 4.48%.

  4. ambertreeleaves

    A goal that is challenging is so much more fun than one that you reach with 2 fingers in the nose!
    In a few years, this will evolve into a nice graph.. !

    Greetings from a sun filled terrace in Ghent! We are enjoying our kid free weekend.

    1. Dividends Down Under Post author

      Hey ATL, thanks for the comment. A close goal is much better, it is harder to achieve and motivates you more to achieve it, although there’s not much we can do. A funny phrase ‘2 fingers in your nose’ what does that mean?

      Hopefully yes, in 5 years time we will be doing great!

      Sounds like you were having a great time 🙂

        1. Dividends Down Under Post author

          Ah.. thanks for the translation. I love phrases that when converted don’t quite have the same ring to it in the other language. I’m sure there’s lots of English ones too that don’t make sense 🙂

  5. Dividend Diplomats

    Nice month! Keep up the great work. Isn’t it amazing to see your progress over time? The journey is just beginning for you. Man am I excited for you. can’t wait for you to write your April 2017 post so you can really see how far along you’ve come.

    Bert

    1. Dividends Down Under Post author

      Hey Bert, thanks for the comment and encouraging words. I’m not sure that much will change from April 2017, but 2018 will be a good update!

  6. Team CF

    And some more work-free income, love it! Hope you still can make the $500 mark, would be a nice achievement. But even if you don’t, you guys will blast past it in the next fiscal year.

  7. DivGuy

    Good job,

    next year, the column on the right will get higher and higher. This is the beauty of dividend growth investing! good job!

  8. TimeInTheMarket

    My April wasn’t too bad(any month over 0 is good to me!) although most of my money is in ETFs so these off months are a good deal weaker than the quarter ended.

    1. Dividends Down Under Post author

      Thank you for coming by and commenting, I really appreciate it.

      I just had a look, yes your ETFs make things very lopsided, still a nice amount though 🙂

  9. Allan Liwanag

    Dividends looking good. It’s perfectly normal to have ups and downs but I’d take a $0 increase than a decrease.

    I just checked my investment portfolio today for last month and my investment increased by $1,200. I am happy because the first quarter returns were not really good. I hope it continues but it’s just a hope.

    1. Dividends Down Under Post author

      Hey Allan, thanks for coming over and commenting 🙂

      Sounds like your portfolio is doing quite nicely, $1,200 is a decent increase by most people’s books.

      As an Australian investor, our companies pay a bit differently to American/Canadian ones, so these dividends aren’t up or down necessarily, the best comparison will be next April’s figures.

  10. DivHut

    Always nice to read about dividend income rolling in. Of course, I am not familiar with any of those names paying you but that’s to be expected. Can’t know every foreign holding that’s out there. Keep buying those quality companies from wherever they are in the world and watch that passive income stream continue to grow. Thanks for sharing.

    1. Dividends Down Under Post author

      Hey Keith, I really appreciate you coming to our blog and commenting.

      Maybe with time you will get to know more of the Aussie names as we blog about them more 🙂

      And yes, dividends are great!

    1. Dividends Down Under Post author

      Exactly, and we are at the start of our journey. We have set the snowball rolling, it is just going to get bigger and bigger 🙂

  11. Jay

    Nice work, I’m looking forward in a couple of years and see how your portfolio will grow. Keep up the good work.

    1. Dividends Down Under Post author

      Thanks for taking the time to comment Jay, we appreciate it. I look forward to seeing how it looks in 2, 5, 10 years from now too 🙂

  12. Pingback: Dividend update: May | Dividends Down Under

  13. jefmiles

    You’re doing well! Sure this will continue to grow & who doesn’t love a bit of “passive” income 🙂

    1. Dividends Down Under Post author

      It will continue to grow, as the years go by, month to month it won’t change that much 🙂 We’re pleased with how our dividends are going and growing.

Comments are closed.