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.
In November we were paid the following in cash and franking credits:
- Duxton Water (ASX:D2O) $11.82 cash and $3.80 franking credits
- Combined $11.82 cash and $3.80 franking credits. Total $15.62.
We re-invested the following to receive more shares:
We received 11 more Duxton Water shares
Here is our dividend graph for the tax year:
November 2016: $0
November 2017: $15.62
Increase in dollars: $15.62
Increase in percentage: Infinite%
A tiny month compared to the last 2 months, but we received a payment this year whereas we didn’t last year. November will always be a quiet month compared to some of the other months because of how few Australian companies actually pay in the month of November.
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 $851.41. We have smashed our goal and each month is a bonus amount of dividends to add to the total.
How was your November for dividends?
Thanks for reading this article about our investing journey Down Under.
Onwards and upwards!