Dividend Calendar - What to Expect and How to Track It

Certainly for investors, following the dividend calendar is essential.

In short, the payment of dividends It is a way for companies listed on the stock exchange to reward their shareholders.

In 2024, Brazilian companies will continue to distribute profits to shareholders, and knowing the right dates can make a difference in the returns of a portfolio.

Therefore, this article will help you understand the importance of the dividend calendar, how it works, and also indicate some applications that make it easier to monitor.

What is the Dividend Calendar and How Does it Work?

The dividend calendar is a payment schedule for companies listed on the Stock Exchange.

It indicates important dates for those who want to receive the distributed profits. In general, these dates involve:

1. Declaration Date: When the company announces the payment of dividends.
2. Ex-Dividend Date: The day when shareholders need to already have the shares to guarantee payment.
3. Payment Date: The actual day on which dividends are credited to the shareholder's account.

Understanding these dates is essential to avoid missing any payments.

For example, if you want to guarantee a specific dividend, you need to buy the stock before the ex-dividend date, as anyone who buys after that date will no longer receive the profit in that round.

How to Track the Dividend Calendar

Keeping track of these dates manually can be challenging, especially for those who invest in multiple companies.

Fortunately, there are tools that help you monitor payments.

It is possible to use investment applications that send alerts about upcoming payment dates or specific calendars within stockbrokers.

1. Investment Newsletter Subscriptions: Some specialized websites send newsletters with dividend dates for major companies. This is a practical option for investors who just want a monthly summary.
2. Broker Platforms: Many brokers, such as XP and Modalmais, offer calendars within their platforms, where you can quickly check the dividend dates of the companies that make up your portfolio.
3. Tracking Apps: There are several applications focused on informing dividend dates, values and important changes, in addition to allowing real-time monitoring of companies listed on the Stock Exchange.

Defining Your Financial Goals

Before Before you start using your dividend calendar, it’s important to be clear about your financial goals. Are you looking for monthly passive income? Are you focusing on reinvesting dividends for capital growth? With well-defined goals, your calendar becomes much more than a list of dates; it becomes a roadmap to achieving your financial aspirations.

Creating Alerts and Notifications

To make sure you don’t miss any important dates, set up alerts and notifications. Many investment apps and websites offer this feature. This way, you’ll be reminded of ex-dividend dates, payments, and other vital information.

• Follow the ex-dividend dates: Be careful not to miss the deadline to be eligible to receive the next payment.
• Monitor payments: Confirm when you can expect dividends to be deposited into your account.
• Monitor company ads: Stay up to date with changes such as dividend increases or cuts.

Adapting your Strategy

With frequent use of the dividend calendar, patterns will become evident, allowing you to adjust your investment strategy.

Perhaps you realize that you need to diversify your portfolio to receive dividends more consistently throughout the year, or that some companies have increased their payouts consecutively, making them attractive candidates to bolster your position.

Automatic Dividend Reinvestment (DRIP)

O Automatic Dividend Reinvestment, or DRIP, is a practical method of planning your investments.

It allows you to automatically reinvest the dividends received in the purchase of more shares or fractions of shares of the same company.

Using the dividend calendar, you can track these reinvestments and understand how they contribute to the compounding of your portfolio over time.

Top Apps for Tracking Dividends

For those who want to make monitoring the dividend calendar easier, some applications have stood out for their practicality and reliability.

Here are some recommended options:

Kinvo

Without a doubt, with a user-friendly interface, Kinvo allows you to track income and dividends, as well as consolidate portfolios from different brokers.

Additionally, it shows dividend payment dates and sends personalized notifications.

Rating on App Store (4.5 stars) | Google Play (4.7 stars).

Status Invest

This is certainly one of the most popular apps for Brazilian investors.

It provides a complete overview of dividends, as well as calculating important financial indicators.

Additionally, you can view dividend history and set up alerts for future dates.

Rating on App Store (4.8 stars) | Google Play (4.6 stars).

TradeMap

Ideal for those who want to monitor the market in real time, TradeMap offers an exclusive section for monitoring dividends.

In addition, it has an alert function for important dates and is widely used by investors with a more active profile.

Rating on App Store (4.6 stars) | Google Play (4.5 stars).

Conclusion

In conclusion, choosing the ideal application will depend on your investment style.

In short, if you want a simple dividend app, Status Invest is a good option.

TradeMap offers a more complete view of the market, while Kinvo stands out for its ease in monitoring the returns of several brokers at the same time.

Therefore, with these tools and information about the dividend calendar, you can monitor and plan your investments more efficiently.