Dividend and interest payout app

[LaDolceVita]

Hello,

I am looking for a free app to track both my dividend and bond interest payouts. I have been using TrackYourDividends but it doesn’t track bond interest.

It can be fairly simple - maybe a list and/or monthly bar chart that shows the stock or bond, number of shares owned, dividend or bond interest amount, and date of payout. This can be obtained by either hooking up to my brokerages (I have 3, plus treasury bonds) and it pulls in the payouts automatically, or I enter a stock or bond symbol into the app and it retrieves the projected data.

Basically, I want to look at, say, next month and see the dividend or bond name, amounts that will be paid out, what the yields are, and the payout dates, at a glance.

Thank you in advance for any app advice (other than using a spreadsheet) you have for this!

 

[pb4uski]

Following.

There is a tool on Fidelity that does bonds. You enter in your cusips and quantities and it can provide a schedule of interest and maturity cash flows. But it won't do preferred stocks or etfs.

 

[GravitySucks]

Following.

There is a tool on Fidelity that does bonds. You enter in your cusips and quantities and it can provide a schedule of interest and maturity cash flows. But it won't do preferred stocks or etfs.

Or just put everything in your Fido account and it all appears like magic.

 

[LaDolceVita]

Or just put everything in your Fido account and it all appears like magic.

What is Fido? I looked it up and there are a few Fidos.

 

[audreyh1]

Fidelity Investments

 

[LaDolceVita]

Oh! I have Fidelity - so the suggestion is to move all of my investments there, or retrieve the investments from other websites somehow, and from there you can create a monthly bar chart, containing the payout name, amount, yearly yield and payout date for each investment, all on one page?

Just trying to make sure this will meet my needs before I look into it, as I’ve never seen that particular all-in-one display in Fidelity before.

 

[triangle]

Is this not provided by your current broker? Where there is a screen or page with expected income for all your holdings.

If used only for planning and you are not trading very much, you could use your last 3 months of payouts (or the last year) as a baseline and keep assuming that for the next period. That is a bit crude, but may be good enough as you don't really know when or by how much a dividend will increase or if it may get cut.

 

[LaDolceVita]

Is this not provided by your current broker? Where there is a screen or page with expected income for all your holdings.

If used only for planning and you are not trading very much, you could use your last 3 months of payouts (or the last year) as a baseline and keep assuming that for the next period. That is a bit crude, but may be good enough as you don't really know when or by how much a dividend will increase or if it may get cut.

My “broker” is my online accounts. I have 3 of them plus I-bonds on the government site.

Thanks for the suggestion to interpolate based on current data. I’ve considered doing that, but that wouldn’t track any changes to the yields/payout percentages, which do occur occasionally with dividends.

 

[target2019]

Tech people will respond that it's easy. But it is difficult to do what you ask. You should be extremely careful with account aggregators. for reasons of security.

Some here use quicken to download transactions from their brokerage accounts, and quicken can do some of the summarizing information. Others use spreadsheets and downloads to summarize and project income.

Because of how we operate, if I needed and used that income, I would be transferring it to my online bill pay. Then I could very quickly generate a report to esitmate income from years of transaction data from our banks. I have all of that on my computer because I've been saving it to a spreadsheet each month. I consider that as part of my job as executive account manager.

 

[audreyh1]

It’s easy for me because the only thing I care about my interest generating investments is how much they contribute to my taxable income each year and Quicken tracks that and just a little extra work in December and I can estimate for the whole year.

But of course not what the OP asked. I’m generally living off funds set aside at the beginning of each year, so tracking current interest income is not important.

 

[triangle]

My “broker” is my online accounts. I have 3 of them plus I-bonds on the government site.

Thanks for the suggestion to interpolate based on current data. I’ve considered doing that, but that wouldn’t track any changes to the yields/payout percentages, which do occur occasionally with dividends.

This does not solve your issue of summing across accounts and I-bonds but some online brokers provide more detail than others. For example Morgan-Stanley (eTrade) provides a view of estimated income for the next month, next quarter, or next year. Color coding between dividends that have been announced versus ones that are anticipated. Breaking it down by security so everything is clear. Not sure if that information can be easily exported, as it is embedded within a webpage.

In the past, I had read about some people using tools like google sheets to create a list of all their holdings and use some macro or programmatic interface within the spreadsheet to pull live data such as stock quotes or dividend payments, to create a custom view of their holdings. But it would take some effort to keep a separate sheet in sync with all your holdings and I do not know what is available in terms of online interfaces or accurate dividend data to pull from.

 

[Texas Proud]

Yea... I tried that with Excel... it did not work as well as I had hoped...

 

[imnontrad]

I am looking for a free app to track both my dividend and bond interest payouts. I have been using TrackYourDividends but it doesn’t track bond interest.

My question is why
If this is to give you an idea what you can spend next month, I suggest you flip it and spend what interest/dividends you received last month. Less time tracking everything.

 

[Texas Proud]

My question is why
If this is to give you an idea what you can spend next month, I suggest you flip it and spend what interest/dividends you received last month. Less time tracking everything.

Well, one reason that I could use one is to make sure that I get what I am expecting...

Also, divis and interest does not cover my expenses... I have to sell something... it helps in knowing how much I need to sell...

Right now I just put way too much money in the checking account (well, too much for me.. I like low balances with zero interest) and would like to keep less...

 

[Al18]

Based on you yearly budget, you should know how much of your investments you need to sell for the year. Sell this amount in January and move it to an online high yield savings account and schedule monthly transfers to your checking account.

 

[Texas Proud]

Based on you yearly budget, you should know how much of your investments you need to sell for the year. Sell this amount in January and move it to an online high yield savings account and schedule monthly transfers to your checking account.

SAY WHAT

Just having a bit of fun.... but my expenses are lumpy at times... this last month we put $13K on CCs for a trip for DW to see her mom and our BTD trip to South America...

I really do not have as many 'normal' months as I would like... but I did sell a bunch a couple of months ago and just left it in Vanguard cash and bought Schwab MM fund... but I do not have it automatically moved to checking...

 

[jazz4cash]

At Fidelity you can also view monthly statements which have income tables for dividends and interest each month for the upcoming year. I thought others would have this also but I checked and Vanguard does not

 

[Fotodog]

At Fidelity you can also view monthly statements which have income tables for dividends and interest each month for the upcoming year. I thought others would have this also but I checked and Vanguard does not

Schwab also has this feature which I find useful.