Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Dividend Growth Investing and chit chat. -- Ignore unavailable to you. Want to Upgrade?

To: rnsmth who wrote (1697)	12/12/2021 8:34:03 AM
From: BasketballJ	1 Recommendation Recommended By ToNinja Respond to of 2146

I include them in the base when they come in as part of the total div-income received but don't try to predict them in the projected income tracking I do. My tracking method is pretty simple where I can see my month over month from each year next to each other in the doc to see how much it's up or down, total at the bottom. So if a special div comes in it's just added to the tracking sheet. Example (If this formats differently when submitted and comes out a mess my apologies) 2020 2021 Jan $X $X Feb $X $X March Track my projected forward income on a separate sheet in the same doc which shows position size, date of first purchase, total amount of money invested in each purchase (doesn't count money from DRIPs but does count add on purchases), forward projected income from each company with total at the bottom, and a few other data points. They make tracking the forward projected income tough because they're not included but easier to have a smaller base than predict what years and how much extra a company is going to give out.

To: rnsmth who wrote (1697)	12/12/2021 11:17:18 AM
From: R.Daneel.Olivaw	2 Recommendations Recommended By cemanuel rnsmth Respond to of 2146

RE: Special Dividend Tracking. I include them in the current amount. I own a few CEFs and special distributions are pretty much annual. Like a lot of things, I think in the long run it doesn't matter much. However, my growth and projections have been erratic for the last few years anyway. The primary reason is spending IRA distributions and doing Roth conversions for the last 4 years. This affects everything from TR calculations, dividend income, and any projections. Fortunately, this is the last year for most of that. I will be taking SS next year and expect to return to a 'normal' pattern of DGI.

To: rnsmth who wrote (1697)	12/12/2021 11:40:55 AM
From: cemanuel	1 Recommendation Recommended By rnsmth Respond to of 2146

RE: Special Dividends "How do the rest of you account for special dividends? Include them in the base or keep them separate?" I include them in my calculations for current income and as part of my growth calculation metric. But when I post I write out how things would have been if I hadn't received it. Thinking I'll beat 10% dividend growth for this year if I subtract my specials from 2020 though I haven't done the math yet. I also include spinoffs that I sell as a special dividend. In 2020 that was VTRS from PFE, in 2022 I expect to get one from T, if I still own it when the time comes. Some folks will consider that incorrect, dishonest, or something but that's how I look at them and my spreadsheets are first for my own use, second to use numbers from when I post.

To: rnsmth who wrote (1697)	12/12/2021 11:47:16 AM
From: Dave the wildpitcher	4 Recommendations Recommended By BasketballJ Markbn marsdon rnsmth Respond to of 2146

Re: "How do the rest of you account for special dividends? Include them in the base or keep them separate?" I lump all dollars I receive in a year as "portfolio income". Then I measure the compounded annual growth rate of the portfolio income from 2017. Any dividend from any source is mixed together as income for me - I include them in the base. Dave