Dividend update: June 2017

By | July 2, 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 the 12th month and final month of this tax year.

Dividend Update

In June we were paid the following in cash and franking credits:

  • Nothing!
  • Combined $nil cash and $zero franking credits. Total $diddly-squat

Here is our final dividend graph for the tax year:

We received a total of $582 during this tax year. Not as much as we’d like, but next year should be a big increase considing most of our purchases were in the second half of the tax year after the half-yearly dividend dates. We hope we at least double our dividends in the next tax year. This tax year we received $582 and last year we received $480, a 21% increase.

Well, a year on from last June and we still don’t have a June payer. We almost bought one of DuluxGroup, Whitefield or Gentrack but it didn’t happen. Oh well, maybe next year! We have always said we wouldn’t buy just because of the dividend payment.

June 2016: $0

June 2017: $0

Increase in dollars: $0

Increase in percentage: 0%

You may remember that we have a dividend goal of $622.50 for the 2017 calendar year as part of our 2017 goals, which is a 50% increase on 2016’s total. So far during 2017 we have received $335.81, we’re still on track.

How was your June for dividends?

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

Onwards and upwards!

23 thoughts on “Dividend update: June 2017

  1. Divnomics

    Well. as long as the overall dividend grows, what’s to complain about? Think you are doing great, especially since you guys are still on track for your yearly dividend goal. And a 21% increase is very awesome as well!

    Reply
    1. Dividends Down Under Post author

      Thanks for stopping by with such positive words Divnomics :). Definitely not complaining here! We are very happy with how our investing is going.

      Mrs DDU

      Reply
  2. wealth from thirty

    Hey Mr & Mrs DDU – I like the goal you have for the calendar year and you’ve got yourselves a decent benchmark to beat for the upcoming FY. Imagine the feeling of receiving half a months living expenses, or a full months living expenses per year in dividend payments for the first time. Pretty sweet. No dividends for me this month, but I’m looking forward to that first metaphorical cheque (somehow it’s more exciting to imagine than a simple funds deposit).

    Hope you three (2.5?) have an excellent new financial year.
    WF30.

    Reply
    1. Dividends Down Under Post author

      We might be a bit ambitious for our FY18 dividend goal but I’m hopeful that we are still on track for our calendar year goal – hopefully we can make it!

      We have had an excellent start to the new financial year – hoping yours is kicking butt too!

      Mrs DDU

      Reply
    1. Dividends Down Under Post author

      Thanks Amber tree. We are aiming high and I think that’s why we have seen so much amazing progress in our lives (in lots of areas) over the last 2 years.

      Mrs DDU

      Reply
  3. Dividend Diplomats

    DDU –

    Let’s just say – pumped for your September & October months – keep staying consistent with purchases to pump those months up, no sweat on the off-months for your location!

    -Lanny

    Reply
    1. Dividends Down Under Post author

      I’m really hoping those end of year months pull through to meet our goal! It’s quite exciting times right now with Australian reporting season underway – the dividend increases/cuts announced over the month could make or break our goal – oh the suspense.

      Mrs DDU

      Reply
  4. Buy, Hold Long

    That’s an excellent start, keep going, next FY will be fantastic for you guys. Baby, increased dividends, what more could you ask for!

    Reply
    1. Dividends Down Under Post author

      FY18 has already completely smashed some of our expectations! Life is great, you’re right that we could ask for nothing more right now. Feeling the hard work pay off and grateful for how things are panning out.

      I hope FY18 is treating you well

      Mrs DDU

      Reply
  5. MrSLM

    Agree buying something “just” to have June income isn’t worth it. Looking forward to those Sept/Oct updates 🙂

    Reply
    1. Dividends Down Under Post author

      Thanks for coming by SLM. We are also looking forward to the later months of the year for dividend payments. You guys are still crushing it even in your “off” months though!

      Mrs DDU

      Reply
  6. Strong Money Australia

    Nothing for me in June either guys, although I’m not fussed with filling out the calendar. Will probably buy Whitefield at some point, but haven’t yet.
    Not sure on your tax situation, but might be handy for you guys though since Whitefield offers a Bonus Share Plan. Different to DRP. Effectively caps tax at 30%, so none payable on your end. Have you looked at that?

    Reply
  7. DivHut

    So no income for June. That’s cool. The bottom line is that you are invested in the market and are collecting annual dividends. Just because a month comes in at $0 is no reason to fret nor buy a stock that would pay you in June just so you have an income for the month. Keep doing what you’re doing. You are still on track to meet your 2017 goals.

    Reply
    1. Dividends Down Under Post author

      Thanks for the positive words Divhut :). We do have our eye on a few June payers (that we actually like, not just for the payment) so next year might see June filled – stay tuned.

      Mrs DDU

      Reply
  8. Dividend Daze

    Even though you are not having the month you wanted, you are still moving in the right direction. Just keep making quality purchases and the rest will come in time. Great goals and growth so far though. Cheers!

    Reply
    1. Dividends Down Under Post author

      Thanks Dividend Daze. Even with a ‘full’ portfolio at FIRE stage we will still have some very small paying months – I guess that’s just the game of quality dividend stocks.

      Mrs DDU

      Reply
  9. Duncan's Dividends

    Interesting that you have no income on the end of the quarter months. It’ll be interesting to see how this changes over the years and you start having a larger portfolio. As dividend diplomats says, let’s just get excited for the next few months!

    Reply
    1. Dividends Down Under Post author

      Thanks for stopping by our blog 🙂

      We have a different tax season in Australia so things are pretty different here for payments. Also most stocks pay half-yearly dividends here, there are some that pay quarterly though.

      Mrs DDU

      Reply
  10. Graham @ Reverse The Crush

    Thanks for sharing your dividend income update! I only earned $4.27 from dividends in June, but I’ve already added to that position so it will be more once the September quarter rolls around. As dividend investors, we all have months that are lower for generating income. As I’m continuing to grow the portfolio, August is going to be a tough month to find more companies.

    Looks like you’re right on pace with your goal. Good luck! Looking forward to future reports 🙂

    Reply
  11. Live Off Dividends

    I’m glad you are disciplined enough to not buy stock just because it pays in June. Continue with your solid strategy and the growth will follow. I look forward to reading your update next month!

    Reply
    1. Dividends Down Under Post author

      Thanks for the compliment on our discipline 🙂 we do have a couple of stocks on our watch list that are June payers – just haven’t been at the right price yet.. waiting waiting!

      Mrs DDU

      Reply

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