Dividend update: December 2017

By | January 1, 2018

Author: Mr and Mrs DDU.

Disclaimer: Stocks mentioned on this blog are for general entertainment/documentation purposes only, following our own investment journey and decisions. Nothing in this article should be considered investment advice nor is intended to be investment advice. Please click here to continue reading our disclaimer. By viewing any page on this blog you are agreeing to the linked terms & conditions.

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 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!

9 thoughts on “Dividend update: December 2017

  1. Doug

    Always good to blow away your goals hope even a harder goal you blow by it that way you hit FI quicker. I totally blew away all expectations.

    Reply
  2. FerdiS

    Hi there, DDU — happy new year and all the best with your 2018 investments! Congratulations on beating your 2017 dividend income goals! It is gratifying to set a goal and then achieve it. I try to set stretching goals, which help me to really focus on achieving them. This year, my dividend income goal is 38% higher than in 2017. It will be quite a challenge, but I’m looking forward to that challenge!

    Take care and happy investing!

    Reply
  3. DivHut

    Large month or small, that infinite increase just highlights that you took the most important step… you started. Many will think and wait and ponder on the sidelines. Get invested, stay invested. Look forward to following your 2018 journey!

    Reply
  4. Dividend Diplomats

    DDU – YOU DOMINATED 2017. Nothing more to say about it than that. 2018 is going to be a great year for you, I have a strong feeling about it. One step, one company, and one dividend at a time. Then by the end of 2018, you’ll look back at laugh at how many steps you were able to take in such a short period of time.

    Bert

    Reply

Leave a Reply

Your email address will not be published. Required fields are marked *