Suggestions

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Dividend amount vs. yield

For accounts that generate dividends, the only controls I see affect projected dividend yields, as opposed to actual projected income amounts. The latter are much more pertinent and important in terms of planning than the former, which fluctuate daily and in terms of income, are comparatively meaningless. It would be much better to have an interface that uses dollar distributions as the primary data, and can be updated as dividend amounts are periodically raised (yay!) or reduced (boo!), such as I already do on my own homebrew income tracking/forecasting worksheet. And for forecasting, enable a high-level annual dividend income percentage increase setting per account, or even better, enable the same thing for individual holdings in an account.

1 vote

Tagged as Suggestion

Suggested 24 June 2023 by user John

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  • 24 June 2023 John suggested this task

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    One way to think about this suggestion: I can decide to transfer, withdraw, spend, or reinvest dividend dollars. I can’t do this with dividend yield, which is the annual dividend divided by the momentary price of the stock. As an example, for planning purposes I know I will receive exactly $960 over the next year for every 1000 shares of Apple I own. But over the course of that year, I have no idea what the yield will be at any given moment (nor do I particularly care, because for financial planning purposes, it’s not nearly as important as the actual money itself).

    24 June 2023
  • 24 June 2023 Kyle Nolan approved this task