10 Best Dividend Trackers To Monitor Your Investment Income
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Monitoring your dividend income can be complicated. Fortunately, there are dividend trackers that can eliminate this issue by helping you effortlessly monitor your dividend income.
How To Track Your Dividends
The easiest way to track your dividends is to download one of these apps. These apps allow you to monitor your stocks, the dividends each pays, news alerts, and more, all from a single platform.
Here are the best dividend trackers currently available to help you monitor your dividend income.
1. The Dividend Tracker
The Dividend Tracker aims to streamline your dividend monitoring process with metric evaluations. The platform uses ‘Dividend Grades’ to assess your portfolio’s risk.
One of the coolest perks of The Dividend Tracker is the ‘Payday’ feature. This maps out how much income you can expect through your dividend portfolio for the next 12 months.
You can try The Dividend Tracker’s free version, which offers one manual entry portfolio. But you’ll likely want to upgrade to the premium version, which costs $99.99 annually, to gain full access to all the features.
This is an excellent option if you want to create a portfolio where you plan to live off your dividends.
2. Empower
Empower is not only a free dividend tracker but also tracks all of your finances in one place. This site is not entirely dedicated to the ins and outs of monitoring your dividends. It also tracks all of your returns on your dividend stocks.
Furthermore, this app can help you assess your broader investment portfolio. The platform will advise rebalancing your portfolio and reinvesting your dividends if it’s relevant.
With Empower, you can see your net worth, access a savings planner, create a budget, and more.
Want to learn more about this robust option? Check out our full review of Empower.
3. DivTracker
DivTracker is a mobile-only option with an iOS app. It allows you to monitor your dividend income across your investments and review information for thousands of stocks.
Once you link your accounts, DivTracker creates a handy calendar that shows all of your expected dividend payments. Additionally, the app provides news alerts that might affect your stocks.
You’ll even have complete control over the number of notifications you receive, and the app supports dark mode. To get full access to the features, you’ll need to pay a one-time $8.99 fee. You can also remove ads for $2.99.
4. Finbox
If you have a portfolio with both active and passive components, Finbox is an option that offers diverse tools to suit your needs. You can use a helpful Google Sheets add-on to track your dividend earnings. This has several financial models built in.
Beyond the helpful tracking and analysis tools, you’ll find up-to-date information for more than 100,000 stocks and 135 exchanges worldwide.
The large number of data points the platform offers ensures you have all the information you need when executing trades. If you aren’t sure about signing up for a paid subscription, you can take advantage of FinBox’s free ten-day trial.
5. Sharesight
Sharesight is a stock portfolio tracker that tracks dividends. Once you connect your accounts, you can look at your dividends retroactively for the last 20 years. With the platform, you can access easy visuals to help you track your investments.
This portfolio tracker sets itself apart by offering highly sophisticated tax information. You’ll find the latest relevant tax information through the platform, regardless of what country you live in.
All paid plans include a free trial. If you need to track more than five portfolios, you can upgrade to Sharesight Pro for $8.40-$12 per portfolio.
6. Simply Safe Dividends
Simply Safe Dividends promises to help you find more stable investments. As one of the best dividend trackers, you’ll have access to a comprehensive selection of tools to stay on top of your dividends.
When you use Simply Safe Dividends, you’ll be able to utilize a helpful scoring system designed to evaluate a company’s potential to cut its dividend.
The platform provides this score for almost 1,000 stocks and notifies you if it expects a company to raise, reduce, or eliminate its dividends. According to the site, this tool has helped its members avoid 98% of cuts.
Access to these tools costs $399 per year. If you aren’t sold on that price point, you can give the platform a 14-day trial run.
7. Stock Rover
Stock Rover offers stock screening and analysis tools to investors. The platform prides itself on providing comprehensive comparison tools to help you make investment decisions that fit your risk tolerance.
This platform offers the following plans:
- Free
- Essentials: $7.99 per month
- Premium: $17.99 per month
- Premium Plus: $27.99 per month
The tools within each price level vary; you can access more if you pay more. You can also get cheaper rates if you pay for a one or two-year plan.
Ultimately, you can use Stock Rover to evaluate a wide range of stocks. However, if you are a dividend investor, the tools available are sufficient to track and assess your dividend stocks. Learn more in our review of Stock Rover.
8. Dividend.com
Dividend.com offers a streamlined platform for anyone who wants to track their dividends. Unlike other platforms, this site strongly emphasizes monitoring and optimizing your dividend portfolio.
You can link brokerage account information to Dividend.com for a simple way to monitor your investments. The site quickly gives you a breakdown of each of your stocks.
This platform offers a limited free version that provides dividend strategy lists, dividend screeners, dividend stock profiles, relevant news, and dividend payout information. You need to upgrade to the Premium plan to access watchlist alerts, data downloads, and more. This costs $199 per year and comes with a 30-day money-back guarantee.
9. TheRich
TheRich is an investment app that puts the spotlight on your dividends. Within the platform, you’ll find a dividend calendar to keep track of your upcoming dividend payments.
This site has a robust community of other dividend investors. Within the community, you can access a timeline and popular articles. The site even offers backtesting to see how certain investments would have performed over time.
You can also use The Rich’s website to check out investments from billionaires like Warren Buffett, Paul Singer, Bill Ackman, and more. See what people are saying about TheRich.io on Reddit here.
10. Track Your Dividends
Track Your Dividends is another free dividend tracker that offers investors a streamlined way to monitor their dividends automatically. You’ll find a comprehensive dashboard to help you track the ins and outs of your dividend portfolio.
One great feature is the Future Value Projections tool. This tool calculates your portfolio’s yield in five, ten, or 25 years. It can be helpful if you plan to use dividend income as part of your retirement strategy.
Track Your Dividends is a free app, but you will miss out on key features if you don’t have a paid subscription. Upgrading to the premium version lets you eliminate ads, use the Dividend Screener, access the dividend idea list, and create a personal watchlist.
This costs $9.99 per month and comes with a free seven-day trial. See what people are saying about Track Your Dividends on Reddit.
Dividend Tracker FAQs
If you are unsure about using dividend trackers, these frequently asked questions can help you determine why you should use this tool and which platform might be the best option.
Why should I use a dividend tracker?
The potential income stream dividends can provide is enticing, but the logistics of monitoring different stocks across multiple platforms can be daunting.
This is where a dividend tracker can be handy. It’s a big win to be able to check on the performance of all of your dividend stocks in a single place.
What are the benefits of using a dividend tracker?
Since not all investments will bring the returns you had hoped for, a dividend tracker can help you spot underperformers and potentially remove them from your portfolio.
What should I look for in a dividend tracker?
The right dividend tracker will depend on your goals. But, it’s good if your tracker aggregates data from multiple accounts, stock notifications, accessibility, and investment overviews, and is affordable.
The bottom line is that you’ll have to decide what tools you seek in a dividend-tracking platform.
Are dividend trackers safe to use?
In most cases, dividend trackers provide top-notch security to secure your financial information. Regardless, it is always smart to confirm that the security features are up to your standards before proceeding with any dividend tracker.
What To Look For In A Dividend Tracker
Finding a dividend tracker that meets your needs and fits your budget is essential when tracking dividends and managing investments. Here are some key things to consider when choosing a dividend tracker.
How Much Does It Cost?
One of the first things to consider is the cost of the tracker. Some options are free, while others require a subscription fee. Be sure to compare the cost of different options and weigh the value of additional features or tools against the price.
Can It Track Multiple Accounts?
If you have multiple investment accounts, you may want to look for a dividend tracker that allows you to track all your accounts in one place. This can save you time and help you get a more comprehensive portfolio view.
Does It Have A Dividend Calculator?
Some dividend trackers include calculators that can help you estimate your future dividends based on the stocks you own and the dividends they pay. This can be a helpful tool for planning your investments and managing your income.
Can You Get Stock Alerts?
Alerts and notification options can help track portfolio changes and important updates. Look for a dividend tracker that alerts you to dividends, stock price changes, and other important events.
Is It Reliable?
When choosing a dividend tracker, consider the tool’s overall reliability and reputation. Read user reviews and ratings and seek recommendations from other investors or financial advisors.
Summary
If you are looking for the best investments for monthly income, dividend investing can be a great option. That said, tracking your dividends can be a hassle without the assistance of a dividend tracker.
Take the time to consider the tools and features that are most important to you, and then simplify your dividend monitoring process by using the platform that best fits your needs.
If you aren’t sure which option to choose, take advantage of a free trial or use one of the free dividend trackers mentioned above.
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