Dividend update: August 2017

By | August 27, 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.

Dividend Update

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

  • Nothing

Here is our new dividend graph for the tax year:

We knew we were getting nothing, which is why we’re posting this a few days early. We had bought Class (ASX:CL1) earlier this year which did pay in August but went from paying quarterly to half yearly! So no August payments this year sadly.

August 2016: $0

August 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 $357.28, we’re on track but we’ll need a big September, October and November to make it.

How was your August for dividends?

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

Onwards and upwards!

12 thoughts on “Dividend update: August 2017

  1. Amber tree

    A 50 PCT increase is not a small deal! July seems to be good.
    August will look odd in your chart!

    Good job so far in dividend growth.

    Reply
  2. Graham @ Reverse The Crush

    Thanks for sharing your dividend income update! August is one of my lower months too. I only earned $4.59 in dividends during August. Awesome that you’ve already received $357.28 this year. Looking forward to seeing how the year closes out. Take care 🙂

    Reply
  3. wealth from thirty

    A quiet month is nothing to worry about, 3-4 years from now you’ll have a healthy income stream just growing YoY. My portfolio received its first dividend in August since I started blogging, 9.2% yield from Reckon’s in specie distribution. Not the most popular of stocks at the moment, and somewhat understandably.

    Keep it up guys.

    Reply
  4. FerdiS

    Thanks for sharing your updates! Keep going and you’ll benefit from compounding sooner than you think!

    Take care and keep up the good work!

    Reply
  5. Charlie

    ok, you missed August but online to improve ~November. Sure getting paid sooner is always better, but I’d say not bad as long as they didn’t cut or eliminate.

    Reply
  6. Team CF

    Well, that was short and (bitter)sweet month of August 😉
    But love the new target for 2017, best of luck !

    Reply
  7. Doug

    Hopefully a big September and October and you will be at your goal? We can hope right? Keep on investing.

    Reply
  8. Dividend Daze

    Zero months happen. Sucks they changed how often they pay their dividends. But those numbers aren’t lost, they are just moved. It will make the month they actually pay look like a huge increase. Good luck hitting your goals.

    Reply

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