myDividends Reviews
Published by Justin Griffin on 2022-01-19🏷️ About: myDividends is the easiest way to track your average dividend income. No more waiting for your quarterly statement.
🏷️ About: myDividends is the easiest way to track your average dividend income. No more waiting for your quarterly statement.
- Can track multiple portfolios
- Provides dividend breakdown by hour, day, month, and year
- Helps project future growth and income
- Offers ability to project potential dividend income into the future based on the current portfolio
- Provides hourly dividend rate
- Basic, complete, and works well
- MVP for less than $5
- Helps determine if reinvestment makes sense on each play as dividends reach the pay date
by Canicus13
This is a great app when it is working properly . It offers more than any others I can find which is the only reason I stay with it . If it were even 75% reliable I would give it an excellent rating .
I made a mistake and trusted myDividends ! Won’t happen again .
Finally deleted off my phone . Gave this developer enough chances . Tchuss !
myDividends should only be used as a novelty and NOT a tool as the developer describes . You must constantly update dividend info . Be careful !!
DO NOT TRUST myDividends !
by Toyzvault
I have been using myDividends for a few months and recently started noticing that the stocks I was tracking had declared dividends that were not showing in the portfolio homepage screen. If the stock is deleted and added again, the updated information is displayed. As an app that calculates and projects portfolio earnings, it is important to have myDividends the stocks with the latest declarations.
by Morningirl
Just purchased. Adding equities and cresting different portfolios was easy. Like ability to add several portfolios with custom colors. The layout seems great if the green boxes of info per stock were accurate. However, I noticed several annual dividend prices were inaccurate. NKE says $.90. It was .91 in 2019 but is $.98 now, since a quarter ago. Also tried to update dividend growth for NKE but could not get it to work. App costs $7.99 and also could not find how to contact developer. I have not checked all my stocks but so far, have found dividends and their growth rates inaccurate. May not be able to use - in process of contacting the developer.
by JShir
myDividends has a great concept, love the income breakdown and features, but is completely useless until you pay for the premium version. Free version only allows 4 stocks tracked, which anyone with a large portfolio will not be enough. Would be 5 stars and a long time app if they would expand the free features and use ads or some other revenue source instead of requiring payment.
by Jpb889
Not bad for functionality, as it has some neat breakdowns for the dividends. Stock prices are never accurate though and are even different between the iPhone app and iPad app. I can enter the same share and cost basis into both apps and get different projections because the stock prices are out of whack. Which brings up another downer, the iPhone and iPad versions don’t sync, so I have to update them both. It only allows input shares to the 100th decimal place, but will round up if you try to input more. There are much better trackers out there but the dividend breakdown is cool.
by Bluehawkpilot
It needs to update the bargains more than once a month. It also need to be able to sort by pay date coming up or sort those dates low to high. Not really interested in seeing a pay date from May in September. Still haven’t seen any dividend notices on myDividends even though I have 3 sitting in my portfolio. I like seeing what my estimated payout is. And I like the projections tab but there are a few fixes I would like to see more. 3 stars until they make changes or I find a better tracker.
by Ncyank
The dividend estimates don’t reflect the upcoming dividend amount. They reflect an average of the last 4 dividend payment. For companies that raise their dividend, this often means that the expected payments reflected in myDividends are lower than the actual payments. If myDividends can display the ex-dividend date and the pay date, why can’t it also l display the current payment amount?
by Music Law
myDividends helps sort out the current picture without all the fluff the others offer. The projections feature can sometimes be a little buggy but it’s a very nice tool. I use myDividends to determine if reinvestment makes sense on each play as dividends reach the pay date. Solid App for those working an income strategy.
by DeRock54
Really like how it totals up my dividend revenue and then breaks to down from yearly all the way down to hourly!! Though I wish I could just connect to to my eTrade account and make it automatic when I buy stocks rather then input it every time.
by Showbizjakeo
I like that myDividends allows me to sort by pay date. The dates are usually pretty accurate. I don’t like that when I sort by pay date it always starts with January pay dates instead of the next occurring pay date in my portfolio. I have to scroll down everytime.
by Battleship6754
I just purchased premium for 7.99 and I feel it was worth the price but would like to see myDividends be slightly more user friendly. One thing is the decimal place on the number of shares should be longer to accommodate for more accurate readings. I would like to see upgrades in the near future but overall better than expected experience.
by Jones50187
myDividends is good but only for good basic thing mainly like calculations , what would really put myDividends apart from other would be if new features were that made it look like an app from today and not 5 five years ago .
by $Paully
Additional Review
Been using myDividends for a while now and love that I can track multiple portfolios. For $4.99 it is definitely worth the purchase price.
A Couple of my coworkers downloaded the free version and enjoy seeing the dividend broken down by hour, day, month, and year as well.
A fun app that makes you want to invest so you can see your retirement dividends growing !
New Review
Yay share price updates. Changing my review stars. Really like how myDividends breaks the dividend out by hour, day, month, year. Also the bargain bin is cool (although sometimes it glitches and shows the same stock multiple times in the list), always nice to see a list of possible companies to check out.
Old Review
I was excited to buy myDividends ($4.99 I think), so I could watch the dividends paid per hour, day, month, etc increase.
But I’ve noticed that the current share price does not update. And when it does update, it updates to a price other than the closing share price. Bummed about this as it shows I’m positive on some of my holdings when I’m really negative.
myDividends failing to update to current share prices makes me doubt if the annual dividend calculation is correct as well.
by Wordsmith_1976
The only dividend app that actually works in my opinion. You would only know this if you go through the painful process of downloading the other options. Its not gonna be perfect but it’s a viable MVP for less than $5.
by Koozy14
Yeap, I am a granular planner. That’s why I love myDividends. Hourly dividend rate says it all. Bargain feature is interesting, but i am having trouble accessing it after upgrading to premium; So, I can not really comment on feasibility or profitability. Free version is worth investigating before upgrading. Good luck!
by SpockDaSurfDude
Only thing I don’t like about myDividends is when I was searching for some stocks I occasionally have to scroll all way down to find specific one because search results won’t show up. For instance, $T
by Paul.........
I like myDividends . It offers the ability to project potential dividend income into the future based on the current portfolio. It is basic, but very complete and works well. I would buy myDividends again.
by Ctwhaley
Has most of what I need in a dividend tracking app...and it’s free! Tracks my different portfolios, ex-dividend and payable dates and forecasts future value and income which is great. Only things I’d like to see added would be alerts for ex-dividend and payable dates and a calendar view by week, month and year for dividends. Thanks!
by Freedom Tracker
myDividends pulls data for all my stocks and etf’s. You can track data annually, monthly, daily and even hourly. My only concern is myDividends won’t pull data for index funds. I also use index funds for dividends, so it would be nice to be able to pull data for Vanguard index funds. Cool App, just please add index funds. myDividends is easily worth 5 bucks.
by Enoch.1992
I mostly invest in real estate companies that have a track record of paying monthly dividends to its shareholders so myDividends is perfect for tracking my extra income and how it’s growing each month from my reinvesting and my monthly contribution to my portfolio, I also use it to project my growth so I can get a picture of what my investments would possibly look like each year in the future, I absolutely love myDividends and would recommend it for every long term invested, although I’m not sure how myDividends would hold up for a day trader
Yes. myDividends is very safe to use. This is based on our NLP (Natural language processing) analysis of over 327 User Reviews sourced from the Appstore and the appstore cumulative rating of 3.7/5 . Justuseapp Safety Score for myDividends Is 75.7/100.
Yes. myDividends is a totally legit app. This conclusion was arrived at by running over 327 myDividends User Reviews through our NLP machine learning process to determine if users believe the app is legitimate or not. Based on this, Justuseapp Legitimacy Score for myDividends Is 91.2/100..
myDividends works most of the time. If it is not working for you, we recommend you excersise some patience and retry later or Contact Support.
Especially useful when you have multiple brokerage accounts making dividend income and want a quick glance into all of them at once.
Companies often change dividend payout amounts, so it’s impossible to know exactly what your income will be until after you receive the money.
myDividends is the easiest way to track your average dividend income.
myDividends is the perfect tool for early retirees to estimate what their portfolio is making and see their average yield.
This app is for those of us who enjoy obsessing about statistics, averages, and our financial independence.
No more waiting for your quarterly statement.
No more adding up totals on your calculator.
Simple minimalistic design.