Real Time Dividend Minder
Investors have been looking for a simple way to track their dividend income. Why would investors want such a tool?
With this new digital tool you can:
1. Match income to expenditures in retirement.
2. Create a smooth stream of income to pay regular, repeating bills.
3. Create a lumpy stream of income to match higher dividend payment months with higher bills.
4. Know when and how much dividend income you’re about to receive so you can plan your next dividend reinvestment.
Now, it’s here!
With this new digital tool it is a simple task. Simply enter your ticker symbols and number of shares owned, and this real time dividend tracker will do the rest of the heavy lifting for you.
Dividend amounts are tracked and updated in real time for you. Once you’ve entered your tickers and share counts, this dividend minder will:
1. Show you the current annual dividend rate for each of your stocks.
2. Automatically update that amount whenever your company raises the dividend.
3. Automatically figure your quarterly dividend income from each portfolio constituent.
4. Automatically figure your annual income from each portfolio stock.
5. Show you the percent of your quarterly portfolio income that is derived from each equity.
6. Tell you the next upcoming dividend pay date so you’ll know in advance when you will receive the next dividend.
Entering the company name and industry sector is optional.
Why Do You Need A Real Time Dividend Minder?
We use pill minders, both physical pill boxes and digital alarms to remind us to take our pills to stay healthy.
We use time minders, otherwise known as alarm clocks, to mind the time for us and wake us to start our day.
We utilize countdown timers on our stoves and microwaves to mind the cooking time for us so we don’t burn our food and coffee in the morning.
Why not a Real Time Dividend Minder to keep us on track and remind us when our dividend income will be arriving?
Additional Uses Of This Tool
For years, investors have hankered for a tool that helps them make the transition from a capital appreciation, total return focused investor to a dividend investor. As we get closer to retirement, we need tools that help us monetize the assets in our portfolio.
Dividend income is the way that millions of investors find useful to extract income from their assets to pay the bills in retirement.
This new tool makes that simple and easy.
Regular Bills-Smooth Income
For the investor that has a reliable set of bills and expenditures each month, this tool can be used to compile a set of stocks that make payments on a quarterly or monthly schedule that comfortably sums to the amount of those bills. Because this is a live, real time, interactive application, you can manipulate tickers and share counts to determine a good mixture of stocks that provide the reliable income stream that matches your regular monthly outgo. Once you’ve matched your income with outgo based on the outputs you’ll see on this application, you can choose to pursue those stocks for inclusion in your portfolio.
Irregular Bills-Lumpy Income
Some of us encounter regular bills but on an irregular schedule. For instance, you might have a $2000.00 real estate tax bill to pay in February and August, and a $5000.00 school tax to pay in May and November of every year. If this sounds like you, you can use this new Dividend Minder to compile a portfolio of stocks that pay you larger sums in those large, lumpy expenditure months, and smaller sums in the other months of the year.
Investors Still In Accumulation Mode-When’s My Dry Powder Arriving?
Younger investors still in accumulation mode, still buying stocks to add to their eventual retirement income are in need of a dividend minder that lets them know when and how much dividend income is about to hit their account.
Having this advance knowledge helps the investor make his plan for his next investment. Knowing when and how much is about to be received allows you to decide when and how much dividend income to deploy into your next investment(s).
This Real Time Dividend Minder can be used to plug in various stocks to see if they meet your criteria as to smoothing or making lumpy your future dividend income.
Weighting Your Investments As To Equal Income To Reduce Risk
This new tool aids you in automatically figuring your share counts and dividend income to make sure each portfolio constituent is producing essentially equal amounts of income.
Why equal weight for income? This is a time-tested method of reducing your portfolio’s risk for a possible dividend freeze, reduction or total elimination. Equal weighting in this manner insures that if one or even a few of your stocks blow up, this will not totally ruin your income stream.
For example, should you own 20 companies and one totally eliminates the dividend, this tool, and this method of investing can ensure your annual income will only temporarily decline by 5%. If one company just reduces their dividend by 10%, your total portfolio income will decline by only .5%, still leaving you with 99.5% of your original income stream.
It’s Time to Structure Your Dividend Income for Reliable Income
If the idea of organizing your dividend income stream appeals to you, this is the new digital tool to add to your investor's tool box.
Real Time Dividend Minder
Compatible with all computer operating systems, Windows, Mac, iPad, iPhone and Android tablets and phones.
This web-based application will automatically source your dividend rate, quarterly and annual income, dividend pay date and percent of total portfolio income for your common stocks, CEFs, BDCs and MLPs and update everything in real time for you.
For ETFs or Preferred shares you can enter the dividend rate and dividend pay date manually.
Brought to you by Seeking Alpha’s #1 ranked retirement author and Seeking Alpha’s Marketplace Newsletter, Retirement: One Dividend At A Time, ranked #1 in Income.
