Strong Dividend Screener | ProjectSyndicateStrong Dividend Screener turns dozens of charts into a single institutional-style dashboard, ranking a curated universe of 40 established, dividend-paying US companies by performance across six timeframes and scoring each one on professional-grade risk metrics — Beta, Sharpe, Sortino, Omega, Z-Score, Kelly, Calmar, and drawdown from the 52-week high — so you can find this year's income-and-growth leaders and weigh their risk-adjusted quality at a glance, all on one clean, sortable panel. Every figure is computed live on the daily timeframe from real price history, not hard-coded, so the board reflects the market as it actually is right now.
💰 Curated 40-Name Dividend Universe — the screener watches a hand-picked list of 40 dividend-paying US stocks that have combined a real distribution policy with genuine 2026 year-to-date price strength: industrials, energy infrastructure, semis, financials, REITs, and consumer names. Instead of flipping through forty charts, you see every name's performance and risk profile side by side and immediately spot who is leading and who is rolling over. Note that dividend policy is the selection criterion for the universe — the panel itself measures price behaviour and risk, not distribution data.
🗓️ Six-Timeframe Performance — each stock is tracked across Week, Month, Quarter, 6-Month, 12-Month, and Year-to-Date returns, so you can separate a one-week catalyst pop from a genuine long-run trend and see momentum building or fading across horizons in a single row.
🧮 Institutional Risk Metrics, Done Properly — beyond raw returns, every name is scored on Sharpe (excess return per unit of total volatility), Sortino (return per unit of downside risk only), Omega (probability-weighted gains versus losses above the risk-free threshold), Z-Score (how stretched the recent move is in standard deviations), and the Kelly fraction (a theoretical optimal-sizing read from return and variance). The stats are annualized from daily returns over a rolling window with a configurable risk-free rate, so the risk picture is consistent and comparable across the whole list.
📉 Off Hi% — Distance From the 52-Week High — a dedicated column shows exactly how far each name sits below its rolling one-year peak, colour-coded on an inverted scale so shallow pullbacks glow amber and deep damage turns red. For an income-oriented portfolio this is where the work happens: a quality payer that is 6% off its high is a very different proposition from one that is 35% off, even when both show a strong YTD number.
⚖️ Calmar Ratio — Return Per Unit of Pain — annualized return divided by the worst 252-day drawdown, giving you return earned against the deepest hole the stock actually put its holders in. For positions you intend to hold and collect from, drawdown tolerance matters more than raw momentum, and Calmar is the cleanest single number for that trade-off.
🎯 Basket-Relative Beta — Beta is measured against an equal-weight basket of the 40 names in the screener, so it tells you how a stock moves relative to this specific dividend-payer cohort rather than a broad index. Beta above 1 swings harder than the group; below 1 is steadier. You control the lookback length used for the beta and correlation calculation.
🌡️ Annualized Weekly Volatility — a dedicated Wk Vol column annualizes the standard deviation of recent weekly returns, giving you a fast read on how violent each name's price action is before you size into it — useful for separating the genuinely defensive compounders from the high-beta cyclicals that happen to pay a distribution.
🔀 Dynamic Sorting — Nine Ways to Rank — sort the entire board by any of the six performance columns plus Sharpe, Calmar, or Off Hi% with a single setting. Rank by YTD to find the year's leaders, by Week to catch what is moving on fresh news, by Calmar to surface the smoothest risk-adjusted compounders, or by Off Hi% to find quality names on a pullback — the table re-ranks instantly.
🎨 Bloomberg-Amber Theme with Colour-Coded Strength — a clean amber-on-black dashboard with a multi-level gradient that runs from bright amber on the strongest gains through to deep red on the steepest losses, so strength and weakness jump out the moment you look at the panel.
🧩 Fully Customizable Dashboard — place the table anywhere on the chart (Top / Middle / Bottom paired with Left / Center / Right), choose your text size (Tiny / Small / Normal / Large), set the sort column, the beta length, and the risk-free rate and periods — all from the settings menu, no code editing required.
🔒 Daily-Timeframe Lock — the screener is built for daily data and will prompt you to switch if you load it on a lower timeframe, so the returns, volatility, and ratios are always calculated on the basis they are designed for.
⚡ Lightweight and Efficient — the whole 40-name board is built from a tight, well-organized script that runs smoothly on PulseWire, with a clean merged title heading and an alternating-row layout for easy reading. Delisted, halted, or renamed tickers degrade gracefully to blank rows rather than breaking the panel.
🎯 Why this is different — most dividend watchlists show you a yield number and stop there, which tells you nothing about whether the underlying business is actually working. This screener puts six horizons of performance and a full institutional risk stack — Sharpe, Sortino, Omega, Z-Score, Kelly, Calmar, Beta, annualized volatility, and drawdown from the highs — for forty established payers on one sortable, colour-coded panel, so you are ranking income candidates by risk-adjusted quality and trend health rather than by headline yield alone.
🚀 Where to use it — apply it to any daily chart to monitor the dividend-paying leadership group as a whole. Use it for top-down scanning, sector rotation, drawdown screening, and quality ranking before you drill into an individual name's chart for entry timing and pair it with your own yield and payout-ratio research.
⚠️ Important — this is a research and decision-support dashboard, not a buy/sell system, and it makes no performance guarantees. The panel does not fetch or display live dividend yield, payout ratio, or distribution history — PulseWire limits a script to 40 external data requests, and the 40-name universe consumes all of them, so every column is derived from price. Treat dividend policy as the reason these names are on the list and verify current yield, payout ratio, and coverage independently before acting. The universe is a snapshot of this year's dividend-paying momentum leaders and will drift over time; the board re-ranks live, but membership is fixed until updated. A high YTD number does not confirm a safe or sustainable distribution — strong price performance and dividend durability are separate questions. All figures are historical and descriptive, computed from past price data, and say nothing certain about the future. Risk metrics like Sharpe, Sortino, Omega, Z-Score, Kelly, and Calmar are simplified, assumption-based estimates and should inform your judgment, not replace it. Always pair the screener with your own analysis and risk management. Indicator
Dividends, Returns, and Growth Calculator**1 / 3 / 5 / 10 Year Returns, Income and Value**
This indicator estimates how a fixed investment would have performed over the past 1, 3, 5, and 10 years.
It combines historical price performance, gross dividend distributions, optional dividend reinvestment, accumulated shares, latest payout income, trailing-12-month dividend yield, and current position value in one compact table.
The script is designed for dividend-paying stocks, ETFs, and funds.
## Main Features
* Calculates 1-year, 3-year, 5-year, and 10-year price returns
* Calculates total return with or without dividend reinvestment
* Simulates whole-share or fractional-share DRIP
* Uses actual historical gross dividend events
* Estimates the delay between dividend events and cash distribution
* Calculates trailing-12-month dividend yield
* Shows the cash generated by the latest completed distribution
* Shows the number of shares currently held
* Shows the current market value of the simulated position
* Automatically estimates monthly, quarterly, semi-annual, or annual payout frequency
* Uses daily data internally, allowing the table to work on intraday and higher-timeframe charts
## Table Columns
### Term
The historical investment period being simulated:
* 1Y
* 3Y
* 5Y
* 10Y
### Start
The historical closing price used to establish the original position.
The initial investment is divided by this price to calculate the original number of shares purchased.
### Price %
The change in share price from the historical starting price to the current price.
Dividends are not included.
### Total %
The total return generated by the investment, including dividends.
The calculation changes depending on whether dividend reinvestment is enabled.
**Reinvest Dividends enabled**
Total return includes:
* The current value of the original shares
* The current value of all shares purchased through DRIP
* Dividends generated by DRIP-acquired shares
* Any remaining whole-share DRIP cash
* Any dividend cash waiting for the estimated distribution date
This represents a compounded total-return simulation.
**Reinvest Dividends disabled**
Total return includes:
* The current value of the original shares
* All dividends received during the selected period
* Any dividend payment that has been earned but is still pending
Dividends are assumed to be withdrawn after each payout. They are still counted as investment return, but they do not purchase additional shares or compound.
### DIV Yld TTM
The trailing-12-month dividend yield.
It is calculated as:
Total gross dividends per share recorded during the last 365 days divided by the current share price.
This calculation uses actual historical dividend events rather than a financial-statement estimate.
Special dividends, payout increases, payout reductions, and irregular distributions may therefore affect the displayed yield.
### Last Payout
The cash generated by all shares held for the latest completed distribution.
The payout is calculated using the number of shares owned when that distribution was earned.
With DRIP enabled, this is the cash received before the payment was reinvested.
With DRIP disabled, it is the cash generated by the original shares.
The displayed prefix represents the estimated distribution frequency:
* M = Monthly
* Q = Quarterly
* S = Semi-Annual
* A = Annual
### Shares
The number of shares currently held in the simulation.
With dividend reinvestment enabled, this includes the original shares and all additional shares purchased through DRIP.
With dividend reinvestment disabled, the share count remains equal to the original shares purchased at the beginning of the selected period.
### Value
The current market value of the shares still held.
With dividend reinvestment disabled, the Value column always shows:
Current shares held multiplied by the current share price.
Previously withdrawn dividends are not added to Value.
With dividend reinvestment enabled, the user can select:
**Total Value**
Includes the current market value of all shares plus remaining and pending dividend cash.
**Stock Value Only**
Includes only the number of shares held multiplied by the current share price.
## Dividend Reinvestment
When dividend reinvestment is enabled, each historical distribution is calculated using the number of shares held at that time.
The resulting dividend cash becomes available on the estimated distribution date and is reinvested using the closing price on that date.
Two DRIP methods are available.
### Whole Shares Only
Only complete shares are purchased.
Unused dividend cash is carried forward until enough cash is available to purchase another full share.
### Fractional Shares
All available dividend cash is reinvested, including fractional shares.
This generally produces a more complete compounding simulation because no cash is left waiting for a whole-share purchase.
## Distribution-Date Estimate
PulseWire provides historical dividend events but does not consistently provide the actual historical cash payment date for every symbol.
This script can therefore delay reinvestment until an estimated distribution date.
Automatic defaults are:
* ETFs and funds: 7 calendar days
* Individual stocks: 28 calendar days
The delay can also be disabled or set manually.
When the delay is disabled, dividend cash is treated as available on PulseWire’s dividend-event date.
## Important Notes
This indicator is a historical simulation and does not guarantee future performance, income, or dividend growth.
Results depend on the completeness and accuracy of PulseWire’s historical price and dividend data.
The simulation does not include:
* Income taxes
* Dividend withholding taxes
* Brokerage commissions
* Foreign-exchange conversion costs
* Bid-and-ask spreads
* Broker-specific DRIP discounts
* Broker-specific reinvestment timing
* Slippage
* Corporate actions not represented correctly in PulseWire’s data
Gross dividend values are used.
Actual investor results may differ depending on tax residency, account type, broker policies, currency conversion, and dividend eligibility.
This indicator is intended for research, comparison, and educational purposes only. It is not financial advice.
Indicator
Stocks: Dashboard [invincible3]Stocks Dashboard is a professional all-in-one stock analysis dashboard built directly for PulseWire charts. It is designed to help investors, traders, and analysts quickly evaluate a stock using a combination of fundamental strength, valuation, financial health, income quality, shareholder return, and price momentum.
The indicator displays a clean table-based dashboard on the chart and converts raw financial and technical data into easy-to-read category scores. Instead of checking many separate financial ratios manually, this dashboard organizes the most important stock metrics into structured sections and gives a clear visual overview of the company’s current condition.
The dashboard includes composite scoring for Quality, Value, Growth, Financial Health, Income / Shareholder Return, and Momentum. Each category is scored from 0 to 100 and classified using simple rating labels such as Elite, Strong, Fair, Weak, or Risk. This allows users to quickly compare the strength and weakness of a stock across multiple dimensions.
The Valuation section includes important valuation metrics such as P/E TTM, Forward P/E, PEG Ratio, P/S, P/B, EV/EBITDA, EV/Sales, Earnings Yield, Operating Earnings Yield, Graham Price, Graham Number Upside, EPS TTM, and BVPS. These metrics help identify whether a stock may be expensive, fairly valued, or potentially undervalued.
The Quality section focuses on profitability and business efficiency. It includes ROE, Asset Return / ROA, ROIC, Piotroski F-Score, Gross Margin, Operating Margin, Net Margin, EBITDA Margin, and Free Cash Flow Margin. These values help evaluate how efficiently the company generates profits from its assets, equity, capital, revenue, and operations.
The Growth section tracks the company’s expansion profile using Revenue Growth, EPS Growth, and Sustainable Growth Rate. These metrics help users understand whether the business is improving, stagnating, or losing earnings momentum.
The Financial Health section evaluates balance sheet strength and risk. It includes Debt / Equity, Debt / Assets, Debt / EBITDA, Net Debt / EBITDA, Cash / Debt, Current Ratio, Quick Ratio, Interest Coverage, Altman Z-Score, Operating Cash Flow, and Free Cash Flow. This section is useful for identifying companies with strong liquidity, manageable debt, and lower financial risk.
The Income / Return section is designed for dividend and shareholder-return analysis. It includes Dividend Yield, Payout Ratio, Free Cash Flow Yield, DPS, Buyback Yield, and Buyback Ratio. These metrics help investors evaluate whether a company is returning value to shareholders through dividends, buybacks, and cash generation.
The Momentum section adds a technical view of the stock. It includes RSI 14, 1-month return, 3-month return, 6-month return, 12-month return, 6-month relative strength versus a selected benchmark, 12-month relative strength versus a selected benchmark, volatility, and moving-average trend using the 20, 50, and 200 daily moving averages.
The Snapshot section provides a quick summary of the selected stock, including current price, market capitalization, enterprise value, 52-week position, and distance from the 52-week high. This gives users a fast overview of where the stock is trading relative to its recent range.
Users can customize the stock symbol, benchmark/index symbol, financial period, table position, text size, color theme, and visible sections. The dashboard supports multiple professional themes, including Dark Terminal, Light Terminal, Emerald Pro, Royal Blue, and Amber Desk. Users can also enable or disable colored score backgrounds, score bars, alternating rows, colorful section headers, and directional symbols.
This indicator is useful for:
* Long-term stock analysis
* Fundamental screening
* Valuation comparison
* Dividend and shareholder-return review
* Financial health analysis
* Momentum confirmation
* Relative strength comparison against an index or benchmark
* Building a structured watchlist review process
The goal of this dashboard is to provide a fast, organized, and visually professional stock overview without requiring users to switch between multiple financial websites or separate indicators. It combines fundamental data and technical momentum into one compact chart-based table, making it easier to identify strong, weak, undervalued, overvalued, or financially risky stocks.
Note: The dashboard uses PulseWire’s available financial data. Some metrics may appear unavailable depending on the selected symbol, exchange, market, or financial data coverage. This tool is intended for analysis and research purposes only and should not be considered financial advice.
Indicator
Stock: Snowflake Analysis [invincible3]Stock: Snowflake Analysis
Stock: Snowflake Analysis is a visual fundamental-analysis radar indicator designed for stock traders and investors who want a quick, structured view of a company’s financial quality. The indicator converts multiple PulseWire financial metrics into normalized 0–100 scores and displays them as a six-axis snowflake/radar chart directly on the price chart.
The purpose of the indicator is to help users quickly evaluate a stock from several key perspectives: dividend quality, growth, inventory efficiency, financial stability, valuation, and future outlook. Each metric is transformed into a score, then plotted visually so the user can immediately see where a company is strong or weak. The current script uses six core categories: Dividend, Growth, Inventory, Stability, Valuation, and Future, and it draws the final score as a radar/snowflake polygon.
Main Concept
The indicator works by pulling available stock financial data from PulseWire using request.financial(). These values are then normalized into scores from 0 to 100.
A score near 100 means the company is strong in that category.
A score near 50 means the company is neutral or average.
A score near 0 means the company is weak in that category.
The final snowflake shape gives a quick visual overview:
A large, balanced snowflake suggests broad financial strength.
A small or uneven snowflake suggests weakness or imbalance.
A stretched shape shows that the company is strong in some areas but weak in others.
Six Core Financial Categories
1. Dividend Score
The Dividend axis evaluates whether the stock provides attractive and sustainable shareholder distributions.
It uses:
Dividend yield
Dividend payout ratio
The dividend yield is scored positively when it is higher, while the payout ratio is scored negatively if it becomes too high. A very high payout ratio may suggest that the dividend is less sustainable.
A strong Dividend score usually means the company has a decent yield without excessive payout pressure.
2. Growth Score
The Growth axis measures how well the company is expanding.
It uses:
Revenue growth
EPS growth
Gross margin
The score rewards companies with improving sales, stronger earnings, and healthier gross margins. A company with strong revenue growth but weak margins may receive a mixed score, while a company with both growth and profitability receives a stronger score.
This category is especially useful for identifying companies with improving business momentum.
3. Inventory Score
The Inventory axis evaluates operating efficiency, especially for businesses where inventory management matters.
It uses:
Inventory turnover
Inventory-to-revenue ratio
Higher inventory turnover is considered positive because it suggests that the company sells its inventory efficiently. A lower inventory-to-revenue ratio is also considered positive because it indicates that inventory is not becoming too heavy relative to sales.
This score is more useful for retail, manufacturing, consumer goods, and industrial companies. It is less meaningful for banks, software companies, or service businesses.
4. Stability Score
The Stability axis measures balance-sheet strength.
It uses:
Current ratio
Debt-to-equity ratio
A higher current ratio generally suggests better short-term liquidity, while a lower debt-to-equity ratio suggests lower financial leverage.
A strong Stability score means the company appears financially safer and less dependent on debt. A weak score may suggest liquidity pressure or excessive leverage.
5. Valuation Score
The Valuation axis evaluates whether the stock appears reasonably priced relative to earnings.
It uses:
Earnings yield
Price-to-earnings ratio
Earnings yield is calculated as:
Earnings Yield = EPS / Price × 100
A higher earnings yield is better. A lower P/E ratio is also better, up to a reasonable threshold. This category rewards companies that generate meaningful earnings relative to their current share price.
A high Valuation score may suggest the stock is cheaper relative to earnings, while a low score may suggest the stock is expensive or earnings are weak.
6. Future Score
The Future axis attempts to measure forward-looking quality.
It uses:
Sustainable growth rate
Forward P/E ratio
A higher sustainable growth rate improves the score, while a very high forward P/E lowers the score. This category tries to balance future growth potential with future valuation risk.
A strong Future score suggests the stock may have a reasonable combination of expected growth and forward valuation.
Final Score
The center score is calculated as the average of the six category scores:
Final Score = Average of Dividend, Growth, Inventory, Stability, Valuation, and Future
This final score is displayed in the center of the radar chart.
The score color changes dynamically using the indicator’s heatmap color theme:
Low scores appear in purple tones.
Mid scores appear in teal tones.
High scores appear in green/yellow tones.
This makes it easier to visually identify weak, neutral, and strong readings.
Visual Design
The indicator displays a clean snowflake/radar chart directly on the price chart. Each axis represents one financial category.
Visual components include:
Hexagonal grid rings
Axis lines
Category labels
Score markers
Filled snowflake polygon
Dynamic color based on total score
Optional historical comparison snowflake
The snowflake is placed to the right side of the latest bar using the Right Offset setting, so it does not cover the current candles.
Historical Comparison
The indicator includes an optional Historical Snowflake feature.
When enabled, it compares the current snowflake with a previous score profile based on the selected historical lookback.
For example:
Historical Lookback = 252 bars
This can be used as an approximate one-year comparison on daily charts.
The historical snowflake helps users see whether the company’s fundamental profile has improved, weakened, or remained stable over time.
Stock-Only Protection
This indicator is designed for stock symbols only because financial metrics such as dividend yield, payout ratio, EPS, revenue growth, and debt-to-equity are stock/company-specific data.
For non-stock symbols such as:
Gold
Forex pairs
Crypto
Indices
Commodities
the script does not draw the snowflake. Instead, it displays a warning message explaining that financial metrics are not available for those instruments.
This prevents misleading neutral scores from appearing on symbols where company financial data does not exist.
Input Settings
Radar Layout
Right Offset Bars
Moves the snowflake to the right side of the latest candle.
Scale Lookback
Controls the price range used to vertically scale the snowflake on the chart. This does not affect the financial scores.
Width
Controls the horizontal size of the radar.
Height %
Controls the vertical size of the radar relative to the recent price range.
Label Distance
Controls how far the category labels are placed from the radar center.
Visual Styling
Show Grid Rings
Turns the hexagonal background rings on or off.
Show Axis Lines
Turns the center-to-axis guide lines on or off.
Show Axis Labels
Shows or hides the category names and scores.
Show Score Markers
Shows or hides circular markers at each snowflake point.
Dynamic Colors
When enabled, the snowflake color changes based on the total average score.
Marker Size
Controls the size of the score markers.
Historical Comparison
Show Historical Snowflake
Displays a previous score profile for comparison.
Historical Lookback Bars
Defines how far back the comparison should be calculated.
How to Interpret the Snowflake
A strong stock usually shows:
A broad and balanced snowflake
High Growth and Stability scores
Reasonable Valuation score
Improving Future score
A risky or weak stock may show:
A compressed snowflake
Very low Stability
Weak Growth
Expensive Valuation
Poor Future score
An unbalanced company may show a stretched snowflake. For example, a high Growth score but low Stability and Valuation scores may indicate a fast-growing but financially risky or expensive company.
Best Use Cases
This indicator is useful for:
Quick stock screening
Comparing companies visually
Identifying financial strengths and weaknesses
Monitoring changes in a company’s financial profile
Combining fundamentals with technical analysis
Long-term investing and swing-trading research
It is especially helpful when comparing stocks within the same sector.
Important Notes
The indicator uses a generic scoring model. Different sectors naturally have different financial structures.
For example:
Banks do not use inventory metrics in the same way as retail companies.
Utilities often carry higher debt.
Technology companies may have low dividend scores but strong growth.
Retail and manufacturing companies rely more heavily on inventory efficiency.
Because of this, the scores should be interpreted with sector context.
Limitations
This indicator should not be used as a standalone buy or sell signal.
Financial data can be delayed, unavailable, or inconsistent depending on the symbol and exchange. When a financial metric is missing, the script uses a neutral internal fallback value to keep the radar visually stable.
The indicator is best used as a summary and comparison tool, not as a complete valuation model.
Disclaimer
Snowflake Analysis is an educational and research tool. It is not financial advice. Users should always combine this indicator with their own analysis, sector research, risk management, and broader market context before making trading or investment decisions. Indicator
Indicator
Indicator
Dividend-to-ROE RatioDividend-to-ROE Ratio Indicator
The Dividend-to-ROE Ratio indicator offers valuable insights into a company's dividend distribution relative to its profitability, specifically comparing the Dividend Payout Ratio (proportion of earnings as dividends) to the Return on Equity (ROE), a measure of profitability from shareholder equity.
Interpretation:
1. Higher Ratio: A higher Dividend-to-ROE Ratio suggests a stable dividend policy, where a significant portion of earnings is returned to shareholders. This can indicate consistent dividend payments, often appealing to income-seeking investors.
2. Lower Ratio: Conversely, a lower ratio implies that the company retains more earnings for growth, potentially signaling a focus on reinvestment for future expansion rather than immediate dividend payouts.
3. Excessively High Ratio: An exceptionally high ratio may raise concerns. While it could reflect a generous dividend policy, excessively high ratios might indicate that a company is distributing more earnings than it can sustainably afford. This could potentially hinder the company's ability to reinvest in its operations, research, or navigate economic downturns effectively.
Utility and Applications:
The Dividend-to-ROE Ratio can be particularly useful in the following scenarios:
1. Income-Oriented Investors: For investors seeking consistent dividend income, a higher ratio signifies a company's commitment to distributing profits to shareholders, potentially aligning with income-oriented investment strategies.
2. Financial Health Assessment: Analysts and stakeholders can use this ratio to gauge a company's financial health and dividend sustainability. It provides insights into management's capital allocation decisions and strategic focus.
3. Comparative Analysis: When comparing companies within the same industry, this ratio helps in benchmarking dividend policies and identifying outliers with unusually high or low ratios.
Considerations:
1. Contextual Analysis: Interpretation should be contextualized within industry standards and the company's financial history. Comparing the ratio with peers in the same sector can provide meaningful insights.
2. Financial Health: It's crucial to evaluate this indicator alongside other financial metrics (like cash flow, debt levels, and profit margins) to grasp the company's overall financial health and sustainability of its dividend policy.
Disclaimer: This indicator is for informational purposes only and does not constitute financial advice. Investors should conduct thorough research and consult with financial professionals before making investment decisions based on this ratio. Indicator
Dividend Calendar (Zeiierman)█ Overview
The Dividend Calendar is a financial tool designed for investors and analysts in the stock market. Its primary function is to provide a schedule of expected dividend payouts from various companies.
Dividends, which are portions of a company's earnings distributed to shareholders, represent a return on their investment. This calendar is particularly crucial for investors who prioritize dividend income, as it enables them to plan and manage their investment strategies with greater effectiveness. By offering a comprehensive overview of when dividends are due, the Dividend Calendar aids in informed decision-making, allowing investors to time their purchases and sales of stocks to optimize their dividend income. Additionally, it can be a valuable tool for forecasting cash flow and assessing the financial health and dividend-paying consistency of different companies.
█ How to Use
Dividend Yield Analysis:
By tracking dividend growth and payouts, traders can identify stocks with attractive dividend yields. This is particularly useful for income-focused investors who prioritize steady cash flow from their investments.
Income Planning:
For those relying on dividends as a source of income, the calendar helps in forecasting income.
Trend Identification:
Analyzing the growth rates of dividends helps in identifying long-term trends in a company's financial health. Consistently increasing dividends can be a sign of a company's strong financial position, while decreasing dividends might signal potential issues.
Portfolio Diversification:
The tool can assist in diversifying a portfolio by identifying a range of dividend-paying stocks across different sectors. This can help mitigate risk as different sectors may react differently to market conditions.
Timing Investments:
For those who follow a dividend capture strategy, this indicator can be invaluable. It can help in timing the buying and selling of stocks around their ex-dividend dates to maximize dividend income.
█ How it Works
This script is a comprehensive tool for tracking and analyzing stock dividend data. It calculates growth rates, monthly and yearly totals, and allows for custom date handling. Structured to be visually informative, it provides tables and alerts for the easy monitoring of dividend-paying stocks.
Data Retrieval and Estimation: It fetches dividend payout times and amounts for a list of stocks. The script also estimates future values based on historical data.
Growth Analysis: It calculates the average growth rate of dividend payments for each stock, providing insights into dividend consistency and growth over time.
Summation and Aggregation: The script sums up dividends on a monthly and yearly basis, allowing for a clear view of total payouts.
Customization and Alerts: Users can input custom months for dividend tracking. The script also generates alerts for upcoming or current dividend payouts.
Visualization: It produces various tables and visual representations, including full calendar views and income tables, to display the dividend data in an easily understandable format.
█ Settings
Overview:
Currency:
Description: This setting allows the user to specify the currency in which dividend values are displayed. By default, it's set to USD, but users can change it to their local currency.
Impact: Changing this value alters the currency denomination for all dividend values displayed by the script.
Ex-Date or Pay-Date:
Description: Users can select whether to show the Ex-dividend day or the Actual Payout day.
Impact: This changes the reference date for dividend data, affecting the timing of when dividends are shown as due or paid.
Estimate Forward:
Description: Enables traders to predict future dividends based on historical data.
Impact: When enabled, the script estimates future dividend payments, providing a forward-looking view of potential income.
Dividend Table Design:
Description: Choose between viewing the full dividend calendar, just the cumulative monthly dividend, or a summary view.
Impact: This alters the format and extent of the dividend data displayed, catering to different levels of detail a user might require.
Show Dividend Growth:
Description: Users can enable dividend growth tracking over a specified number of years.
Impact: When enabled, the script displays the growth rate of dividends over the selected number of years, providing insight into dividend trends.
Customize Stocks & User Inputs:
This setting allows users to customize the stocks they track, the number of shares they hold, the dividend payout amount, and the payout months.
Impact: Users can tailor the script to their specific portfolio, making the dividend data more relevant and personalized to their investments.
-----------------
Disclaimer
The information contained in my Scripts/Indicators/Ideas/Algos/Systems does not constitute financial advice or a solicitation to buy or sell any securities of any type. I will not accept liability for any loss or damage, including without limitation any loss of profit, which may arise directly or indirectly from the use of or reliance on such information.
All investments involve risk, and the past performance of a security, industry, sector, market, financial product, trading strategy, backtest, or individual's trading does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs.
My Scripts/Indicators/Ideas/Algos/Systems are only for educational purposes! Indicator
Indicator
Indicator
Indicator
