Dividend Update – 2016 Q1

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11 Responses

  1. A very nice positive trend in your dividend line.
    Am I correct in saying that in H2 2015 you had 700 dividend?

    For the easiness of tracking, I use the date the money hits the account. That is easy to spot in the account overview and requires no tracking of who pays when.

    • tom says:

      Yes – $700 (AUD of course, which is about $500 US) so far for 2015 H2. That will change a little as the last few companies announce dividends.

      The reason I don’t track when they come in is that the payments get lost amongst the other comings and goings in the account. I also track the performance of each share purchase (i.e. the same company purchased at two different times and two different prices). Some get paid in one large payment where as others pay in multiple groups for various reasons. So rather than tracking which group got paid when and then split it up when needed, I just track what should be paid (which can be done at any time without having to go back over bank account statements).

      I have not been tracking them this way for long, so we will see how it goes…

  2. Hey Tom,

    Cool to see you are doing this. A nice graph already and together you’re earning a nice bit of passive income. If your way of tracking your income works for you, then go with that (I can see ATL’s point though).

    Good luck for the rest of the year 🙂


    • tom says:

      Thanks Tristan – I have only been tracking it recently, so we will see if it works. Previously I would just guess at the amount by noticing some of the dividends and having a rough addition in my head. Turns out I was about 50% off (as in 50% lower than expected). Always a nice discovery!

      • I track ours in 2 ways, either using the direct info sent from Computershare or Link (etc) with the dividend statement. Or calculating it myself number of shares owned x declared dividend.


  3. Jef says:

    Nice little earners there Tom! 🙂
    Thanks for sharing and I’m keen to generate a decent amount of cash to then invest in income generating assets

    Looking forward to watching yours grow and us both continuing to smash it out

    • tom says:

      Thanks Jef. Over the next few months I hope to start turning some of the lower earning cash/savings into higher earning dividend investments. We will see how that goes… (more risk but hopefully more reward.)

  4. Wow, that’s a serious dividend increase. Trending nicely.

    • tom says:

      Thanks! Unfortunately the spike has a lot more to do with stopping DRP (and focusing a bit more) than anything else. I just graphed the old (pre 2013) data because it was there (and some companies don’t have DRP’s). If the trend keeps gong for the next few years then I will be very happy 🙂

  5. Nice trend! I like to think of it in terms of what expenses it would cover and I’m guessing it would cover a few pretty big ones like food etc

    • tom says:

      Me too, I am looking forward to the day when passive income managed to cover all “normal” expenses (the definition of normal is flexible based on how high I want to set/reset the bar). In March passive income covered all our expenses on paper, and I almost celebrated until I realized that we got a refund from a canceled holiday that reduced the expenses a lot. Still quite a way to go.

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