Author: Mr and Mrs 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. So this is this the 5th month of this tax year.
Normally we like to wait and see if we get any dividends before the end of the month, but this update is pretty easy so we thought we’d put it up early. In November 2016 we were paid: $0.
All of the companies that we own paid in September and October, so there’s a bit of a dry spell for the next couple months. It’s extremely likely that by this time next year, there won’t be any empty months.
Here is our dividend graph for the tax year so far:
Well, no change to the graph since last time, after 5 months down of this year our average dividends per month is $49.31. Which is a bit of a drop since last time obviously. We’re aiming for an average of $50 a month by June so hopefully we get there with new investments and re-investing dividends.
How was your November for dividends?
Thanks for reading this article about our investing journey Down Under.
Onwards and upwards!