Author: Mr and Mrs DDU.
Disclaimer: Stocks mentioned on this blog are for general entertainment/documentation purposes only, following our own investment journey and decisions. Nothing in this article should be considered investment advice nor is intended to be investment advice. Please click here to continue reading our disclaimer. By viewing any page on this blog you are agreeing to the linked terms & conditions.
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. So this is the start of a brand new year of dividends (if you want to see how we did last financial year, check out our June 2016 dividend update).
In July 2016 we were paid the following in cash and franking credits:
- Rural Farm Funds (ASX:RFF) $7.46 Cash and $0 Franking Credits. Total $7.46
We re-invested that money to buy ourselves an extra 2 shares of Rural Farm Funds, re-investing will compound our returns over the years.
As this is a new tax year, we haven’t made a graph for just 1 month, we’ll have graphs from next month.
How was your July for dividends?
Thanks for reading this article about our investing journey Down Under.
Onwards and upwards!