Dividend Update: January 2017

By | January 31, 2017

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 7th month of this tax year.

Dividend Update

In January we were paid the following in cash and franking credits:
Rural Funds Group (ASX:RFF) $10.24 cash and $0 franking credits. Total $10.24.

We re-invested our dividend to receive an additional 6 shares. Re-investing really helps compound our returns over the years. Here is our dividend graph for the tax year so far:

This small dividend payment doesn’t help our average much, after 7 months down of this year our average dividends per month is $36.68 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.

Thanks to our great baby news and our investing plan we can now focus a lot more money towards investing. We’ve already made 3 purchases we haven’t yet blogged about, which between them have added August and November dividend payments to our dividend calendar. We didn’t have time to buy a stock that pays in February with our new investing plan, so there won’t be a dividend payment next month, but after that we should have every month covered forever. We’ve certainly had enough of telling you guys that ‘there was no dividend payment this month’.

Anyway, January will always be a pretty quiet a month because of the lack of Aussie stocks that pay in the month, so we’re glad to own one great business that does pay in January.

How was your January for dividends?

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

Onwards and upwards!

36 thoughts on “Dividend Update: January 2017

    1. Dividends Down Under Post author

      Haha thank you, that makes me feel a bit better about the $10. Even when we have a cracking portfolio I’m sure there will still be very small dividend months – some months are just not great payers on the ASX.

      Mrs DDU

      Reply
  1. Mick

    Hi guys congrats on the baby news, we have 4 month old and it is a great life change. As very much a newbie to investing can i ask how you work out when they will pay divedends for each month? I like the idea of having regular passive income. I have invested 2k in each CSL, Mayne Pharma, Argo & Class Ltd – I was lucky to have a big jump in CSL and a largish loss so far on Class Ltd. I really really like Rural funds group and Xero but have had to hold onto my dollars for living! What do you think of these pics and do u think xero and rural funds still good options going ahead? Like the blog, keep it up.

    Reply
    1. Dividends Down Under Post author

      Hey Mick, thanks for visiting our blog and leaving a question or 2. Good on you for jumping into investing!

      The easiest way we check the payment dates is the page on the ASX: http://www.asx.com.au/asx/share-price-research/company/RFF/statistics/shares in the ‘Payable’ column. For example, RFF pays in July, October, January and April based on the last 12 months. Companies very rarely change their payment month. You can just change the ticker in the URL to get to the different dividend payment dates.

      Well, of the 6 you’ve mentioned we own 2 (1 is a post coming soon!). We own Rural Funds which we posted about here https://dividendsdownunder.com/2016/06/17/rural-farm-funds-asxrff-share-purchase/ and here https://dividendsdownunder.com/2016/08/10/share-purchase-rural-farm-funds-asxrff/ . We will be holding very long term and adding when we can.

      You’ve done well with CSL, even more since you commented. Seems to be the fastest growing ‘huge’ company on the ASX. Of the 6 you mentioned, Mayne is the only 1 that isn’t on our larger watchlist – could be a good one, it just doesn’t fit our criteria at the moment.

      Mr DDU

      Reply
  2. Vivianne

    I’m cash broke, however, I did beat you by $10.xx in dividend. LOL 🙂
    I guess, maybe this year to make it fun, we should have a race. 🙂

    Reply
    1. Dividends Down Under Post author

      haha, I’m not sure exactly what we would be racing on? Some months are just slow dividend payers in Australia, but we hope to get a few more payers for each month of the year this year 🙂

      Mrs DDU

      Reply
  3. SMM

    The baby reason is definitely one to gain focus and perspective on why you should heighten your investment game. Do you have any accounts that are tax deferred so there isn’t a tax cut each year on the dividends ?

    Reply
    1. Dividends Down Under Post author

      All of the dividends that we are posting about at the moment are in our normal taxable names. We also have funds in Australia’s retirement system (similar to 401K) but we don’t own any specific dividend stocks and don’t include those in these posts.

      Mr DDU

      Reply
    1. Dividends Down Under Post author

      That is definitely right! we’re only missing 2 months of dividend payers now after a few recent purchases. It’ll be exciting to see the building dividend for each and every month 🙂

      Mrs DDU

      Reply
  4. ambertree

    No need to worry too much about non dividend paying months. That should according to me not even be a criteria to buy a stock. The yearly number is what matters.

    Reply
    1. Dividends Down Under Post author

      Hey Amber – that is true, we agree for the most part, I’m sure we will have some very low dividend months even when we do have payers for every month. Our number #1 priority is quality stocks with dividends in any month – we don’t mind which :).

      Mrs DDU

      Reply
  5. Doug

    10 dollars is better than none so you are on the right track. Once you get those dividends rolling in you will blow right by your 50 a month goal

    Reply
  6. The Financial Tech

    Didn’t make any dividend money this month. I am looking to buy dividends stocks in the next couple months.

    Free money is always good to receive 🙂

    Reply
  7. Andrew

    Good to see those dividend payments still coming in! Can’t wait to hear what else you bought 🙂

    Reply
    1. Dividends Down Under Post author

      Thanks Andrew, we are slowly working our way through the backlog of articles for us to upload – the start of the year has so many updates to keep you guys updated with!

      Mrs DDU

      Reply
  8. Jef

    Don’t own any shares at this stage so 0$ of dividends for me although I’ll be correcting this towards the end of 2017 I’d say once I’m back in town

    Nice work here guys and looking forward to hearing about your new 3 investments :)!

    Reply
    1. Dividends Down Under Post author

      That’s impressive! Great job 🙂 January is a little quieter in Australia for dividend payments than other countries stock exchanges, but we do have some great months for dividends too 🙂

      Mrs DDU

      Reply
    1. Dividends Down Under Post author

      I can feel that momentum getting ready to unleash! We are planning to make this year a great one for growing our investments. Thanks for your support as always IH 🙂

      Mrs DDU

      Reply
    1. Dividends Down Under Post author

      Glad we’re not alone. Some months are just quiet for quality dividend paying businesses, that’s ok though, makes the big months more exciting 🙂

      Mrs DDU

      Reply
  9. DivHut

    Some dividend income is better than none. Keep collecting and reinvesting for faster compounding. You are doing all the right things. Look forward to your next update.

    Reply
    1. Dividends Down Under Post author

      Thanks Dividend Daze, thanks for stopping by our blog!

      We are enjoying the journey, and our pace will definitely speed up during 2017 :). It’s going to be so good to look back over the years and be able to see that compounding directly at work.

      Mrs DDU

      Reply
  10. Dividend Diplomats

    $50 a month will be here before you know it. Exciting stuff is happening left and right for you. Keep up the great work and keep on pushing the ball forward.

    Bert

    Reply
    1. Dividends Down Under Post author

      Thanks Bert! We are on the “high” part of our rollercoaster lately, about time after all those lows we’ve had! Here’s hoping 2017 stays high 🙂

      Mrs DDU

      Reply

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