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 December we were paid the following in cash and franking credits:
- Washington H. Soul Pattinson $20.48 cash and $8.78 franking credits
- Combined $20.48 cash and $8.78 franking credits. Total $29.26.
Here is our dividend graph for the tax year:
December 2016: $0
December 2017: $29.26
Increase in dollars: $29.26
Increase in percentage: Infinite%
Another small month, but that’s to be expected with how few Australian businesses pay in December. It’s certainly a lot better than last year, when we earned nothing. It feels good to receive a payment from one of Australia’s longest streaking DGI stocks.
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. During 2017 we received $880.67. We have completely beaten our target, we’ll have to set a hard target for next year.
How was your December for dividends?
Thanks for reading this article about our investing journey Down Under.
Onwards and upwards!