Over the past two Wednesdays we have discussed 10 timely high-yield stocks and funds. Talk may be cheap, but these income streams are generous.
Let’s talk dividend details using data from Income Calendar, the dividend tracker app we developed in-house here at Contrarian Outlook.
First, the projected income from these 10 payers. A $10,000 position in each tees us up for a $5,065.22 income stream over the next 12 months. A 5.07% average yield.
(Which, by the way, is over four times what the S&P 500 pays. Four times.)
Our 12-Month Projected Income
Source: Income Calendar
Here’s the income contribution broken down by position. If you subscribe to any of our premium income stock picking services at Contrarian Outlook, the tickers will look familiar. In fact, they may even warm your heart if you bought when we initially discussed them!
Our Projected Income by Position
Source: Income Calendar
Since launch, we have continued to improve IC based on feedback from income investors like yourself. We understand that the less time you spend on minutiae like projecting dividends down to the penny, the more time you’ll have available to spend on income investment research (or reading that of your hardworking Chief Investment Strategist!).
(Or with your kids and grandkids. Or drinking a beer and watching sports. Hey, we don’t judge, we just try to save you time!)
Do you know how many dividends you received in the month of August? Or coming up in September? If not, no problem—we have you covered with this new monthly calendar view. Income Calendar now has every single payment visible by position, by day:
August 2024 Income Summary
Source: Income Calendar
For August, our 10-position portfolio is paying us $349.16. And the income stream steps up in September, with $617.82 heading our way.
September 2024 Income Summary
Source: Income Calendar
The calendar view now tracks dividends down to the day. And down to the penny!
September 2024 Dividend Details
Source: Income Calendar
Perhaps we all need an electronic version of this to hang on our walls? If that isn’t the ultimate power play when entertaining friends who think they “invest”—ha!
Plus, thanks to new integrations, it’s never been easier to pull your dividend data into IC for analysis. We connect most brokers to IC via Plaid, a service that safely and securely links to your brokerage account and imports all your tickers and share tally—so you don’t have to do any inputting at all.
When the gang asked me to test out the new integration, I was blown away with how easy it was. I had my Charles Schwab account connected to Income Calendar with just a few clicks.
It was really easy to import the tickers and shares of my current holdings into IC. You’ll have this tool setup in no time, too.
Fidelity is no longer a holdout, either. IC now syncs with Fidelity using secure third-party gateway Snaptrade.
And as for time saving, we searched far and wide for dividend projection tools. Why reinvent the wheel? Except…no wheel! Not one was relevant to you and us.
And that includes AI!
So, we did the natural “software developer” thing. We created our own income tracking tool here at Contrarian Outlook exactly how we want it!
Since launch we have continued to improve the product based on feedback from income investors like yourself. Here are 7 new features we recently launched—please review them carefully, as one (or more!) of these features may make your life a lot easier.
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