Dividend update: December 2016

By | January 2, 2017

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 this the 6th month of this tax year.

Dividend Update

Well, we warned you that this was likely to be another $0 month and it was.

But hopefully from December 2017 onwards, every December will receive payments. Our end to the year was sadly dividend-free, but it sure was full of a lot of family fun and food.

Here is our dividend graph for the tax year so far:

No change to the graph since last time, after 6 months down of this year our average dividends per month is $41.09 which is another drop since last time. We’re aiming for an average of $50 a month by June so hopefully we get there with new investments and re-investing dividends.

We promise January will show a dividend payment!

How was your December for dividends?

 

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

Onwards and upwards!

35 thoughts on “Dividend update: December 2016

  1. Buy, Hold Long

    That’s a shame, no dividend. But I’m sure it won’t take long and that chart will start to become very full with blue columns that are just oozing with money. Appreciate being able to take the journey with you. Enjoy

    Reply
    1. Dividends Down Under Post author

      Thanks BHL – don’t worry that’s definitely the plan! This time next year will definitely have all blue. Thanks for following along 🙂

      Mr DDU

      Reply
  2. Doug

    Yup soon every month will have blue lines then it’s just a matter of letting the snowball effect get rolling

    Reply
  3. Josh @MoneyBuffalo

    I had about $300 in dividend income this month. Of course, this is the only month, most of the funds I own pay a dividend so my current annual dividend income isn’t much higher than this. Similar to you all, my goal is to build a dividend a month portfolio.

    Reply
    1. Dividends Down Under Post author

      Hi Josh, $300 is a great place to build from, it will be very exciting when you and us both reach dividend income each and every month 🙂

      Mrs DDU

      Reply
  4. Divnomics

    Although you guys might have another month with no dividends, you’re still going in the right direction! Who knows what the new year will bring? Very curious on how your dividends will be growing.

    Reply
    1. Dividends Down Under Post author

      Thanks for stopping by Divnomics 🙂

      We are gradually building dividend payers for each month – maybe next year we will have a December dividend payer, we will just have to wait and see!

      Mrs DDU

      Reply
  5. Jef

    Shame about that guys although it’s all about the long game right?
    Keep up the good work and looking forward to watching you grow 🙂

    Reply
  6. Investment Hunting

    As you two well know from reading the blogs you do, it takes time to get the dividend train up to speed. I remember my first dividend month, it was less than $2 dollars. It sure felt good though. Soon, you’ll be writing amazing posts with dividend income totals every month. Best of luck with you dividends and your family in 2017.

    Reply
    1. Dividends Down Under Post author

      Thank you IH, it means a lot to hear your encouraging words.

      I have a feeling this year will bring some great leaps and bounds in our dividend income, it will be great to compare 2017 to 2016!

      Mrs DDU

      Reply
  7. wealth from thirty

    This time next year you’ll have a totally different story, I’ve no doubt. And $40 odd is a great start per month. Glad you had a good Christmas guys, all the best for 2017.

    Reply
  8. Tawcan

    Happy new year from Denmark!

    Nothing wrong with getting 0 in dividend income when you first start out. We were in the same boat many years ago. Finger crossed for you guys on many fronts.

    Reply
  9. Andrew

    I have a lot of volatility in my dividend payouts as well, but as long as we’re moving in the right direction it doesn’t matter! Excited to see what’s coming in for you next month!

    Reply
    1. Dividends Down Under Post author

      Hi Andrew, thanks for stopping by 🙂

      It is hard to find quality dividend payers to even out every month of the year isn’t it? it is a big goal of ours to fill out every month of the year though. Hoping for big things in 2017!

      Mrs DDU

      Reply
  10. Dan

    That’s ok! I always like to say that it is more about the ‘system’ that you have in place rather than the actual numbers. You guys got this! I didn’t meet my 2016 passive income goal, but that isn’t stopping me from pressing onward and continuing to improve my financial ‘system’ to get me where I want to go. Thanks for sharing and best of luck in 2017!

    Passive Income Dude

    Reply
    1. Dividends Down Under Post author

      Thanks Dan, very encouraging words!

      It’s good to see that you haven’t been discouraged by not hitting your 2016 goal, helping to spur on 2017 instead is definitely the way to go! Good luck this year 🙂

      Mrs DDU

      Reply
  11. Savestacks

    Slow and steady wins the race, takes some time to build up the dividend snowball, but once it gets going it’s awesome. Keep at it and you will reach your goal. Good Luck

    Reply
    1. Dividends Down Under Post author

      Thanks for stopping by savestacks 🙂

      We are planning for 2017 to be ‘the year of the snowball’ – time to get rolling! Will be very exciting to compare 2017 to 2016 at the end of the year.

      Mrs DDU

      Reply
  12. DivHut

    These are the slow starts for any long term dividend growth investor. $0 happens some months but you just know as your portfolio grows those $0 months will be a thing of the past. Thanks for sharing.

    Reply
    1. Dividends Down Under Post author

      Thanks Divhut! in 2017 we will be working on building our portfolio up with dividend payers in each month, fingers crossed 🙂

      Hope you have a great 2017!

      Mrs DDU

      Reply
  13. DividendIncomeBuilder

    The most important thing is that you are on the journey. As you continue on your path to financial freedom zero’s as the highest number before the decimal will be a thing of the past.

    Reply
  14. Predictable Snowball

    Heres looking at 2017 and putting the months of $0 dividends behind us. I still plan on including your future income updates in my monthly dividend tracker.

    Reply
    1. Dividends Down Under Post author

      Hey Predictable Snowball, thanks for coming by 🙂

      Hopefully we will have some more exciting numbers than $0 for you to include. Thanks for including us! 🙂

      Mrs DDU

      Reply
  15. Dividend Diplomats

    Family fun and food is all that matters. Dividends are dividends, but the time you spend with your family is priceless. Can’t wait to see what 2017 has in store for you!

    Bert

    Reply
    1. Dividends Down Under Post author

      Hey Bert, I love that you included food in the top priorities! We have definitely enjoyed our fair share of great food since Christmas, might be time to focus on the dividends instead for a while so our waistlines don’t get too annoyed 🙂

      Wishing you and Lanny a great 2017!

      Mrs DDU

      Reply

Leave a Reply

Your email address will not be published. Required fields are marked *