Estimated income from investments must be manualy added to security details

jim@1

I must be missing something. I have many securities in my portfolio. Looking at securities detail view screen a security shows div rate, ex-div date etc. However this info is not carried over to the individual security and must be entered into the "Other Info" tab. It seems to me this should be populated when downloading .

I would think others wouls be interested in seeing an estimated annual income from investments column

Jim_Harman

Yes this does need to be entered manually even though the data is sometimes available in the quote feed. The amount is $/share/year.

Some issues with quicken trying to enter this automatically would be:

The data is not always present, especially for securities that are not publicly traded.

What should the amount be? Funds often distribute more in December than other quarters.

I for one would rather enter it manually so I know what the assumptions are.

Perhaps it could be handled like the asset allocation, where you can override the downloaded amount if you want.

mshiggins

The way I handle my estimated income from dividends, interest, and capital gains distributions was to set up income reminders.

There are specific reminder types for dividend and interest reminders that allow you to specify the security paying out the income. Plus you can set the reminder frequency to match the distribution schedule - weekly, monthly, quarterly, or annual. 

The income reminders will show in the Tax Planner, which is helpful if you use the Tax Planner to estimate your taxes. 

Having the reminder is also handy for keeping track of when your dividend or other income should show up in your accounts. 

Jim_Harman

Also even for individual stocks it is hard to say what you want the estimated income to show. 4 x the last payment? 4 x the new payment if the company announced a new amount? Total of past 12 months? Total expected this calendar year? 

Jim_Harman

Yes this does need to be entered manually even though the data is sometimes available in the quote feed. The amount is $/share/year.

Some issues with quicken trying to enter this automatically would be:

The data is not always present, especially for securities that are not publicly traded.

What should the amount be? Funds often distribute more in December than other quarters.

I for one would rather enter it manually so I know what the assumptions are.

Perhaps it could be handled like the asset allocation, where you can override the downloaded amount if you want.

jim@1

Thanks for your answer. I understand but when you have 100+ securities it is tedious to keep up with. I would prefer auto entry then handle the non available info as needed.

I'll just work up a spread sheet to take care of it

mshiggins

The way I handle my estimated income from dividends, interest, and capital gains distributions was to set up income reminders.

There are specific reminder types for dividend and interest reminders that allow you to specify the security paying out the income. Plus you can set the reminder frequency to match the distribution schedule - weekly, monthly, quarterly, or annual. 

The income reminders will show in the Tax Planner, which is helpful if you use the Tax Planner to estimate your taxes. 

Having the reminder is also handy for keeping track of when your dividend or other income should show up in your accounts. 

Jim_Harman

Also even for individual stocks it is hard to say what you want the estimated income to show. 4 x the last payment? 4 x the new payment if the company announced a new amount? Total of past 12 months? Total expected this calendar year?