The Future Income Tool in the Portfolio Manager is included in our Premium and Premium Plus subscription plans. However there is a more basic Future Income display available to all users in our dashboard.
There is a video that demonstrates the Future Income tool in action. The video can be viewed here. Please note that this video was recorded on a slightly earlier version of Stock Rover, so there may be some minor differences between the product you experience and this video.
The Future Income Tool projects your future dividend income on a monthly basis for the portfolios you select. The monthly income in turn is computed from the individual stocks, ETFs, and mutual funds you own.
The computation is based on recent dividend payment history. The projection assumes no increases or decreases to the current dividend rate a company, ETF, or fund pays. Companies for the most part try to increase dividends over time, so the projections can often be considered conservative.
On the other hand, companies, ETFs, and funds can vary dividends. Also, companies, when under financial stress, can cut dividends sharply or eliminate them, so there may be situations where the projections are optimistic. It really depends on what a portfolio holds.
Future Income can be accessed under Portfolio Tools in the Start Menu.
When you select Future Income, you are presented with a display with two sections: the Navigation Panel which lists the available and selected portfolios, and the Future Income Table. You can see this in the screenshot below.
