Dividend update: September 2017

By | October 3, 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 September we were paid the following in cash and franking credits:

  • Bapcor (ASX:BAP) $7.80 cash and $3.34 franking credits. Total $11.14.
  • Challenger (ASX:CGF) $39.38 cash and $16.88 franking credits. Total $56.26.
  • Class (ASX:CL1) $3.78 cash and $1.62 franking credits. Total $5.40.
  • Healthscope (ASX:HSO) $16.45 cash and $0 franking credits. Total $16.45.
  • Regis Healthcare (ASX:REG) $10.24 cash and $4.39 franking credits. Total $14.63.
  • Ramsay Health Care (ASX:RHC) $20.38 cash and $8.73 franking credits. Total $29.11.
  • Combined $98.03 cash and $34.96 franking credits. Total $132.99.

Here is our new dividend graph for the tax year:

 

September 2016: $99.72

September 2017: $132.99

Increase in dollars: $33.27

Increase in percentage: 33%

We’re very pleased with that increase, particularly considering that Select Harvests (ASX:SHV) cancelled their dividend and Greencross (ASX:GXL) changed from September to October. Having another month reach over $100 is a great feeling.

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 $490.27, all we have to do is repeat last year’s October amount and we’ll beat our goal.

How was your September for dividends?

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

Onwards and upwards!

9 thoughts on “Dividend update: September 2017

  1. Dividend Diplomats

    DDU –

    Nice job and great to see the figures on the board! Six different checks coming in, very well rounded, for sure. Keep it up DDU, you have a lot going on and you are on your path to doing amazing things!

    -Lanny

    Reply
  2. Doug

    Good job $622.50 is withen reach and it will feel good to hit it.
    33 percent increase is awesome and will really help going forward. Keep it up

    Reply
  3. Strong Money Australia

    I like how you always include franking credits 🙂
    I’ve seen these ignored or dismissed by some investors and I think it should be a crime!
    Looks like a good spread of companies in your portfolio.
    Curious as to how many holdings you have currently? And is there a target number of stocks?

    Reply
  4. DividendSolutions

    Hey DDU,

    i really like that growth rate of 33%. Keep going like that and you’ll be in other “regions” sooner than later. It shows the power of dividend growth investing!

    My Sep was good with a 24% yoy increase. The dividend income came in as 483$, which was a record for Sep. But Oct will have me back on the ground…but i’ll keep on grinding.

    Keep it up!
    DividendSolutions

    Reply
  5. MrSLM

    Congrats you 2 on a great month. Nice feeling to have this money rolling in while you concentrate on the little one 🙂

    Reply

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