Author: Mr. and Mrs. DDU.
Disclaimer: Stocks mentioned in this blog are for general entertainment/documentation purposes only and are subject to our own investment journey and decisions. The content of this article should not be considered investment advice. and is not intended to be investment advice. Click here to continue reading our disclaimerBy viewing any page of this blog, you agree to the linked Terms of Service.
Ultimately, we want to increase our dividends so that we can cover our expenses. Once you reach that point, you can become financially independent. The sooner we achieve this, the better. Every dividend received is a step on the financial security ladder.
Tracking it is a great way to keep us motivated and see how far we’ve come.
Dividend updates and graphs start at 1st July to 30thth June of each year, aligned with the Australian tax year.
Dividend update
A total of $1,792.56 in cash and $767.55 in franking credits were paid out in September. $2,560.11 cash.
Here is the dividend graph for the tax year:
September 2021: $887.00
September 2022: $2,560.11
Increase in dollars: $1,673.11
Increase rate: 189%
This was the best September ever thanks to a lot of investment and a change in the month’s payment date for one of the major installment payers, as well as an increase in dividends from companies.
As always, I’ve included a table showing all the dividends I’ve received since starting the blog so you can see my progress over the years. It’s here:
Dividend forecast for 12 consecutive months
In our dividend update, we also decided to share our dividend forecast for the next 12 months based on our current holdings. This number will (hopefully) grow each month as you buy more shares.
By tracking this, you can see your progress towards your FIRE base-level annual cash flow target (the number we call the “ramen noodle”). This corresponds to a very basic standard of living. It’s exciting to see the expected annual dividend increase.
The current expected 12-month dividends are: Dividend of $12,000. We’re averaging $1,000 a month, which is great. Those dividends get bumpy, but over a year is great.
How was the dividend for September?
Thank you for reading this article about our investment journey. Forward, upward!