Subscribe to RSS feed
posted on 14 Aug 2017  -  16,916 views
A little more than a year ago, I
added a feature that projects how much dividends you are likely to receive for the current year in your
Portfolio Report. Although it is a simple feature with naive assumptions, it is actually one of the top most-liked features.
Hence, upon the request of Friends of StocksCafe, I spent some time over the weekend to include dividend projection in more areas of StocksCafe.
All Projected Dividends - List of all stocks with projected dividends.
2) Individual Stock - You can see it in both
Stock Dividend Summary and
Stock Dividend Details.
Portfolio Projected Dividends - List of all projected dividends that are in your portfolio.
Watchlist Projected Dividends - List of all projected dividends that are in your watchlist.
I would like to state the naive assumptions for dividends projection again: "Stocks will give the
same amount of dividends, on the
same ExDate, as the previous year".
As mentioned before, although these assumptions are unlikely to be always true, it is a quick and easy way to give a rough estimate of how much dividends a stock will distribute for the year. Of course, I am all ears if you have ideas on how to improve the projection accuracy.
Hope you enjoy this "new" feature.
- Nice! Thanks Evan!
14 Aug 2017 09:50:04
14 Aug 2017 11:41:06
- Scrip Dividend. Would like to suggest a button in the "Dividend Collection" to convert the scrip dividend into a transaction with $0 cost and remove it from the "Dividend Collection". Otherwise, user needs to do 2x actions (add scrip dividend manually and remove the collected dividend) and the P&L + Dividend maybe overstated.
27 Aug 2017 15:35:15
- I wonder if this is similar to what you need?
27 Aug 2017 20:50:22
- I'm afraid it's not what I meant.
Please refer to the FAQ: How should I account for scrip dividends, bonus shares, rights issues, etc?
You can simply enter a buy transaction at price SGD 0 and maybe add a note to yourself for clarity.
Although StocksCafe will give you a warning by visually highlighting the price in red, it is fine to ignore it. It is there just in case you have made a mistake in entering the price.
Also, you should remove the dividend collected from here using the remove link to prevent double counting.
What I suggested was to replace the "Remove" with something like "Convert to Scrip Dividend" or "Scrip Dividend". This action will add $0 cost transaction (user to input the number of unit or auto-calculated) and remove the dividend collected.
27 Aug 2017 21:59:17
- I see. Okie. I added this feature request. Thanks!
28 Aug 2017 01:16:29
Next Article >
< Previous Article
Try Award-winning Trading Platform ...
Current Cost vs Total Cost vs Max ...
List All Articles
Other articles by evankoh
Coming Back Soon: Dividend Information and More
It has been two weeks since my last update. I am happy to share that most administrative issues with SGX and third party data providers have been handled. Next on the list would be to tackle the technical issues of integrating data that I have licensed into SGXcafe. I have already started integrating dividend information, since this is something numerous users have been asking me about. At this point ...
Decide When to Buy or Sell Using Short Selling Activities
Note: This feature is not available anymore due to licensing issues. Here is a question: How do you decide when to buy or sell a stock? I started trading in SGX a year ago, and every time I have money to invest, I always wonder "Should I buy now? But if not now, then when?" Since I didn't have a good answer to that question, what I've been doing till now is simply buy the best stock that fits my portfolio ...
Frequently Asked Questions
I regularly receive questions related to StocksCafe and often the same questions are asked over and over again, hence I think it is time to consolidate them in one place. This article will serve as a placeholder for FAQ and I will update this article as I receive more questions. How do I use StocksCafe? While I constantly add new features to StocksCafe, they will be centered around two themes: Helping ...