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.
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:
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!