Subscribe to RSS feed
posted on 14 Aug 2017  -  37,057 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
Completed! - Hong Kong & Malaysia Market Integration
I am happy to share that after almost four months of effort, I have completed the integration for both Hong Kong & Malaysia. Almost every feature that is available for the Singapore market is also available for Hong Kong and Malaysia markets. A few exceptions are Dividend Strength, Future Yield (which is based on Dividend Strength) and Earnings Release. I will be attempting to build Dividend Strength ...
Quick Updates: You can now override Sector & Industry!
Often, users do not agree with the stock's sector and/or industry which are categorized by my upstream data source. Now, you can override them easily. Steps: 1) Using your desktop browser, go to the individual stock page (e.g. DBS). 2) Click on "Edit Sector/Industry". 3) Select the new sector/industry you want. 4) Click update to save. Note that this will only affect your own account. In addition, ...
What to buy next?
"What to buy next?" Almost every month, I ask myself this same question whenever my salary arrives or when a good amount of dividends have accumulated. When I first started investing, I wanted a diversified portfolio which is why I built the tool, iSuggest (iSuggest is free for all registered users). It worked well at first, as it quickly brought my portfolio risk down to a minimum. However, for those ...