Improved Dividends support

rafal
Thu, 09 May 2024 11:22:24 +0000
Released

There’s a number of issues with the current implementation that I want to address:

1. Importing dividends from a broker duplicates dividends created by the app. Because of that, you need to manually fix the automated dividends whenever you want to do taxes. Imported dividends should take precedence and suppress automated ones from being created.

Importing dividends will be implemented in the upcoming Improved Import Templates.

2. Generated dividends use the ex-dividend date because it’s needed to properly calculate the value you receive. But on your broker statement you’ll see the payout date instead (actually a few days after).

3. Current portfolio analysis is nice, but could be done better. We’re missing things like dividend growth rate, or forecasting among others. As this is very fixed-income-specific, it would get it’s own Report page.
The Portfolio/Income tab will sport additional metrics. For quick-check and navigation, the Summary page will receive a widget with basic metrics and list of upcoming dividends.

4. DRIP or dividends paid in stock are not supported well right now while being quite popular.

You can start using features with already by enabling Early Access. Any new functionality will be announced in this thread.

13 posts - 2 participants