As the title suggests I have a decision to make. I have been using (and enjoying) DividendsMax on their free trial for 30 days. Iāll be honest in that I have several live email addresses so the free trail period has lasted a few months
However like all good things, they must come to and end and this is now the case. I have spoke with the team there and they have offered a good deal for 15 months. Which does mean Iām tied in.
Itās a question for the guys @Team212@David@George
What time frame will your Dividends calendar be ready and available for us to use? I will be gutted if I commit to DivMax only to find out T212 version is almost ready for launch!
This is the app I use and I love it. Has a dividend calendar which you can export to your phones calendar, and you can set it to automatically update it. Itās fantastic and the free version is pretty decent. And if you want to pay thereās a one time payment of Ā£100 you can make which is a great deal
So Iāve tried this app out today and itās ok, but I would have to pay monthly for it to be in Ā£s or like you said as 1 off payment. Then as Iām paying I might as well pay for the divmax as I think it is better overall.
Ultimately a portfolio tracker within the T212 app is in my mind the best solution, do other trading apps offer this?
Yes but dividend max costs more for a year than this does for a lifetime subscription. Thatās why itās a better choice.
Idk, paying Ā£150 per year just to know when your dividends are dueā¦ thatās the same as having Ā£5,000 invested at a 3% dividend yield. Idk how much you have invested but it just seems to be too much for me
Fair point, knowing when your divs are coming in are what makes that type of investing more exciting. If I was to pay out at all I guess I see the value in the premium serves the platform offers, and when itās broken down monthly itās no more than 2-3 pints (depending where you live) ideally Iād want to spend that money on beer if T212 could have it all in house!
Theyāve been really focused on upgrading their systems for reliability, I donāt think much time has been going into features, and really donāt expect dividend calendars to be in there. Definitely consider external options for now, you can always cancel
Iāve mentioned this before but if you look at dividendmax information they have a team of analysts and 3 tools used to predict dividends and there is a lot more to predicting future dividends than just āhereās a calendarā. I suspect if T212 did release something it would be quite basic compared to dividendmax.
Dividendmax is what I have been using, the additional service they offer is great and I would recommend it. But I would like to see an in house dividends calendar, mainly to avoid updating the number of shares each time. It was only 4 months ago the team said it was in the pipeline for Q1. Sure there are a few others wanting this feature too, granted not a high priority.
I suggest you try and check out Stock Events app.
Iām using it on iOS so not sure if there is an android version as well, but itās the best tool Iāve used for this (and Iāve tried the premium version for most available similar apps)
Will have a lookā¦ On the back of this, it could help resolve the constant dividend payment chasing I see a lot on here by adding a T212 pay date (+9 days) or whatever they want to commit toā¦ just a thought!
Not sure that is possible, as from what I noticed they always pay at different +days. My guess is depending on the stock popularity, as Iāve seen bigger companies being paid after much longer time than not so popular ones. Eg. AAPL taking more than 1 week now. As they are receiving the dividends in bulk for everyone itās kind of normal that is taking longer to settle the amount for everyone if everybody owns it. At least the way they are doing that today. It might change in the future, but until then I think we need to accept the differences in delays.