10 Best Dividend Trackers for 2023
If you’re a dividend investor, you probably have a portfolio that consists of high-dividend-paying stocks. But it can be challenging to keep track of your dividend returns, especially if you have a huge portfolio.
If you’re wondering whether there is an app to track dividends, there sure is. In fact, there are dozens of options for a dividend tracker that can assist you in watching and managing your portfolio, so you can focus on other essential things.
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This guide points out ten of the best dividend trackers and their notable features. Each dividend tracker offers a unique portfolio of services, and while the majority of them are premium, some are free. You can choose the platform that best suits your investing needs.
How Do I Track All My Dividends?
Download one of these dividend-tracker apps — or sign up for the web version — and enter the stocks you own to view upcoming dividends and whether they’re reinvested into a purchase of more of the same stock.
While there are plenty of options out there, here are seven of the best dividend trackers that can help position you for investment success.
Dividend.com: Best overall tracker
Empower: Best free tracker
Sharesight: Best for tax information
Finbox: Best for in-depth stock analysis
Track Your Dividends: Best for ease of use
Simply Safe Dividends: Best for comprehensive tools
Robinhood: Best for beginners
Snowball: Best for plan variety
DiviTrack: Best for international investing
Dividend.watch: Best for multiple portfolios
1. Dividend.com
Dividend.com is all about dividends, making it the best dividend tracker. While many other financial tracking platforms focus on different investment tools, this one counts dividend stocks as one of its main areas of focus.
You can link your brokerage account and take advantage of the wide variety of tools. This includes a dividend screener that allows you to search and compare dividend picks against various factors.
The biggest drawback to Dividend.com is that it’s an online subscription service and does not have an app available. Dividend.com offers a premium plan that is full featured but pricey at $199 per year.
2. Empower
Personal Capital, one of the most popular investment tracking apps in the U.S., is now Empower, but it still offers the same financial tools free of charge. You can’t go wrong with this platform.
For instance, you can get a quick estimate of your net worth using a net worth tool and assess your chances for retirement with a retirement planner. You can even keep tabs on hidden fees in your mutual funds, investing and retirement accounts using a fee analyzer.
Although Empower doesn’t provide a dedicated dividend tracker, you can connect your dividend income accounts to the platform, where you can track all your returns in one place. What’s more, you can customize tracking for a certain period so it can report dividend earnings.
Empower also offers an asset management service for portfolios with a minimum account balance of $100,000. The platform is a good option if you want to track your entire investment portfolio. But if you’re looking for a simple-to-use app that focuses on dividends, read on.
3. Sharesight
Sharesight is a stock portfolio tracker that you can use to track your dividends going back up to 20 years. You can view all of your dividends over any period, see the impact of your total returns and even track your reinvested dividends.
Sharesight outshines its peers in its ability to provide tax information regardless of the country you live in. You can set your portfolio’s base currency and track currency impacts for any foreign shares.
Sharesight has a free plan with one portfolio and 10 holdings. However, investors with a larger, diversified dividend portfolio will need to pay a monthly subscription fee. Depending on your investing needs, you can go for one of these options:
$15 per month plan — $11.25 per month if paid annually — with up to 30 holdings and one portfolio, but with limited reporting
$24 per month plan — $18 per month if paid annually — supports four portfolios and unlimited holdings, provides advanced reporting
$31 per month plan — $23.25 per month if paid annually — with full reporting and up to 10 portfolios and unlimited holdings
4. Finbox
Finbox is a “toolbox” designed to help you navigate every step of the investing process, but you can also use it to track your dividend payments. It provides current financial information for more than 100,000 stocks and more than 130 exchanges around the world.
The platform has a stock screener that supports more than 1,000 metrics, letting you identify promising companies. You can also find up to 10 years of historical financial data for companies and use your analysis to pre-build valuation models.
Finbox offers both free and premium versions. For as low as $10 per month — $120 paid once per year — you can get access to a wide variety of features you can capitalize on with the Starter plan. The platform also offers the Executive package for $39 per month and the Professional plan for $199 per month. Both of these packages are discounted if you pay the full subscription in a single payment each year.
If you’re looking for an in-depth analysis of your dividend stocks — and everything else — Finbox is a great tool. However, the staggering number of options may be better suited for day traders or more advanced investors.
5. Track Your Dividends
Track Your Dividends is a free dividend tracker with various tools you can use to track your overall performance and see how diversified your dividend portfolio is. It automatically updates dividend payments, sends alerts and shows you future payments. Additionally, the platform offers a dividend calculator that you can use to calculate your returns.
Of all the dividend tracker options so far, this is the best platform for its simplicity and ease of use. Plus, if you only have one linked account, you can stick with the free plan, which comes with a dividend calculator, alerts, value projection and even portfolio analysis. The ads can be distracting, though.
For multiple accounts or more in-depth research tools, the premium plan for $9.99 per month or $99.99 per year gives you access to features like unlimited linked accounts, a dividend screener, priority support and a whole lot more.
If you’ve signed up for the premium plan, you can use the dividend safety scorer to determine how risky your dividend portfolio is, to adjust according to your future investment goals and risk tolerance.
6. Simply Safe Dividends
Simply Safe Dividends is perhaps the most comprehensive tracker you’ll ever find. With a plethora of financial tools, you’ll be able to monitor all your investments and dividend income in one place.
With Simply Safe Dividends, you can screen investment ideas that align with your goals. It also lets you import and track your watchlist and export them for further analysis. You can also review your dividend safety scores, which offer insight into how likely it is that a company will cut dividends.
When it comes to cost, Simply Safe Dividends is quite pricey compared to other dividend trackers on the list. You’ll need to pay $499 per year for access, but you can take advantage of a 14-day trial before your premium subscription begins. And if you change your mind after subscribing, Simply Safe Dividends has a 60-day money-back guarantee.
7. Robinhood
One of the most popular stock trading platforms today, Robinhood also lets you track your dividends. The platform has a user-friendly interface that’s so easy to use, even a newbie learning the ins and outs of stock buying can use it.
You get real-time progress on the stocks you’re watching and get alerts every time you receive a dividend. However, there are times the system is delayed, which can be a big drawback. Besides alerts, you can view your dividend history and future payments. Robinhood also offers a dividend reinvestment plan that lets you automatically reinvest your dividend income from eligible stocks.
There are no commission fees at all on this platform, meaning you’ll end up with a higher dividend balance. One more thing to consider: It’s entirely free to sign up for Robinhood.
8. Snowball
Snowball is a powerful portfolio tracker that lets you see all your investments in one place. In addition to a dividend tracker, dividend ratings and a calendar, Snowball provides a detailed overview of your holdings’ performance and charts your portfolio’s diversification by six different metrics.
Get started for free with the basic plan for beginners and index fund investors. It includes one portfolio with up to 10 holdings as well as a dividend calendar, limited benchmarking and portfolio rebalancing and basic filters, including the top five dividend stocks.
The $6.70-per-month plan — $79.99 paid annually — unlocks additional features, such as unlimited holdings and a link to your brokerage. For $12.50 per month — $149.99 paid annually — you get full benchmarking, 10 portfolios, unlimited top dividend stocks, 10-year fundamentals and 30-year backtests. The $299-per-month plan offers unlimited portfolios and holdings and priority support.
9. DiviTrack
DiviTrack is a dividend tracker offering additional features to help you manage your investments. The app estimates dividend income a year in advance and notifies you of ex-dividend dates. You can organize your holdings — including fractional shares down to eight decimal places — in multiple portfolios.
The basic plan includes one portfolio with up to 10 stock symbols, plus a number of dividend features, including 100 dividend payments, dividend estimates, ex-dividend email notification and automatic recording. The premium version costs $7.53 monthly as of June 8 — after a seven-day free trial — and includes 100 tax-withholding rules, dividend-paid notification and an ad-free experience.
The app supports 11 U.S. exchanges, including NYSE, Nasdaq and Finra, as well as companies from the United Kingdom and more.
10. Dividend.watch
Track any type of portfolio, regardless of its size, with Dividend.watch, a portfolio tracker made especially for dividend investors. The platform supports over 83,000 stocks and exchange-traded funds, 23 exchanges and 11 currencies with a clean, user-friendly interface.
In addition to dividend features such as reinvestment tracking, yields and returns, future income predictions and withholding tax, Dividend.watch offers a diversification dashboard with six different views.
Investors with 10 or fewer holdings can use Dividend.watch for free. The premium plan allows three portfolios, unlimited holdings and broker integration for $8 per month. Pro members get unlimited portfolios, support for DRIPs and priority support for $12 per month.
Dividends can generate thousands of dollars per year in income. Your return depends on the number of dividend-paying shares you own and how much they pay out in dividends. To earn $1,000 per month from 3M, for example, which costs about $100 per share as of June 8 and pays $6.00 per year in dividends, you’d need 2,000 shares, or $200,000 worth of stock.
What Is a Dividend Tracker and Why Should You Use One?
A dividend tracker is an app or web-based platform that you can use to track and manage your portfolio of multiple dividend-paying stocks. As you grow your investment portfolio, it can be challenging to keep tabs on your returns from dividend stocks. You don’t have to waste a lot of time calculating your returns manually. Instead, a dividend tracker can help.
Apart from tracking dividend returns, a good dividend tracker can also help you identify stocks that you can add to your portfolio and give you insights on companies poised to increase, decrease or eliminate dividend payments.
Another reason you should use a dividend tracker is that it gives you the ability to reinvest discretionary income so you can benefit from compounding.
Is There a Free Dividend Tracker?
Most of the 10 dividend trackers reviewed above have a free version. The free option may be more limited than premium upgrades, but for basic monitoring of what’s going on with your investments, it may be all you need.
Cynthia Bowman and Daria Uhlig contributed to the reporting for this article.
Information is accurate as of June 8, 2023.
This article originally appeared on GOBankingRates.com: 10 Best Dividend Trackers for 2023
