Free Dividend Tracker Spreadsheet for Google Sheets/Excel

dividend tracker spreadsheet Excel/Google Sheets

Are you looking to invest your money and earn dividend payments? If so, then download our free dividend tracker spreadsheet. This spreadsheet will help you keep track of all the dividend payments that you receive, making it easier for you to invest smarter. We have also included a tutorial on how to use the spreadsheet, so you can get started immediately!

What is a dividend, and what are its benefits for investors?

Dividends are payments that a company makes to its shareholders, and they are typically paid out quarterly (every three months). As a result, dividends can provide investors with a steady stream of income, which is especially helpful in retirement.

In addition, dividend payments can be reinvested back into the company (known as dividend reinvestment plans, or DRIPs), which can help you grow your investment over time.

In fact, historical data shows that the annual S&P500 return without dividends reinvested is only 6.57%, whereas when the dividends are reinvested, the return is 10.7%.

Why use the dividend tracker spreadsheet?

You might want to use our dividend tracker spreadsheet for a few reasons. First, it can help you keep track of your dividend payments so that you know how much income you are earning from your investments. This is essential information to have when making future investment decisions.

Second, the spreadsheet can also help you track your dividend reinvestment plans (DRIPs). This information can help you understand how your investments are growing over time.

Finally, the dividend tracker spreadsheet can also help you keep track of dividend payments from different companies. This can be helpful if you are diversifying your investment portfolio.

Click here to download the free dividend tracker spreadsheet!

How to use the dividend tracker spreadsheet?

Click on this link to access it via drive and then download it to Excel or keep it on Google Sheets. After that, all you need to do is create a Wisesheets account which you can get for free here, and then download the Wisesheets add-in on Excel or Google Sheets and log in with your account.

Free dividend tracking spreadsheet

Once you have completed these steps, you can change the tickers in cells B2 to B8 and the account type, number of shares, and average cost. You will notice how all the other columns will automatically calculate for you.

If you run out of rows, you can add more and simply drag the formulas for the other columns and change the range of tickers in cell F2.

You can also change the ticker in cell B10 so you can see the previous dividend paid by the company of your choice.

Feel free to make any other additional changes you'd like, such as adding graphs, changing the formatting, etc. it's all up to you!

The different types of dividends, and how can they impact your portfolio?

Dividends can provide investors with a valuable source of income, but it's important to understand the different types of dividend payments before investing. For example, some companies may pay out dividends every quarter, while others may pay out dividends annually.

Dividend payments are not required for most stocks except REITs. Therefore do not be surprised if one of your stocks stops paying dividends or reduces its dividend payments.

It's also important to understand how dividend payments can be reinvested into the company (known as dividend reinvestment plans, or DRIPs). So again, this information can help make future investment decisions.

How to use the dividend tracker to create a long-term investing plan?

The dividend tracker spreadsheet can help you create a long-term investing plan by tracking your dividend payments and reinvestments. In addition, this information can help you understand how your investments are growing over time.

Additionally, the dividend tracker can help you track dividend payments from different companies. This can help assess dividend-paying stocks.

Click here to download the free dividend tracker spreadsheet!

Updates and Maintenance of the Dividend Tracker Spreadsheet

Regular updates and maintenance of your dividend tracker spreadsheet are crucial for ensuring its accuracy and relevance over time. As your investment portfolio evolves and as companies' dividend policies change, your spreadsheet should reflect these changes to provide a reliable tool for tracking your investments. Here are some key aspects to consider for the upkeep of your dividend tracker spreadsheet:

Regular Data Entry and Verification

  1. Update Dividend Information: As companies declare dividends, update your spreadsheet with the latest dividend amounts, dates, and any other relevant changes.
  2. Verify Accuracy: Regularly cross-check the data in your spreadsheet with your brokerage statements or other reliable financial sources to ensure accuracy.
  3. Record Dividend Reinvestments: If you participate in DRIPs, ensure that these reinvestments are accurately recorded in your spreadsheet, including the number of additional shares acquired.

Adjusting for Portfolio Changes

  1. Add New Investments: When you add new dividend-paying stocks to your portfolio, add these to your spreadsheet, including the ticker, number of shares, average cost, and expected dividends.
  2. Remove or Modify Sold Investments: If you sell shares or make significant changes to your investment in a particular stock, update your spreadsheet to reflect these changes.

Tax Implications for Dividends

Understanding the tax implications of dividend income is crucial for investors, as it can significantly impact the net returns from their investments. Dividend payments, while a source of steady income, are subject to taxation in many jurisdictions, and the tax treatment can vary depending on several factors. Below is an overview of key considerations regarding tax implications for dividends:

Types of Dividends and Tax Treatment

  1. Ordinary Dividends: These are the most common type of dividends and are typically taxed at the investor's standard income tax rate. They are paid out of the earnings and profits of the company.
  2. Qualified Dividends: These dividends meet specific criteria to be taxed at a lower capital gains tax rate rather than at ordinary income tax rates. To qualify, dividends must be paid by a U.S. corporation or a qualifying foreign corporation and held for a specific period.

Factors Influencing Tax Rates

  1. Holding Period: For dividends to be considered qualified (and thus eligible for lower tax rates), they must be held for a minimum period. Typically, this involves holding the stock for more than 60 days during the 121-day period that begins 60 days before the ex-dividend date.
  2. Investor's Tax Bracket: The rate at which dividends are taxed depends on the investor's income tax bracket. Higher-income individuals may pay a higher rate on their dividend income.
  3. Type of Investment Account: Dividends earned in tax-advantaged accounts like IRAs or 401(k)s may have different tax treatments. Typically, dividends in these accounts grow tax-deferred or tax-free, depending on the account type.

International Dividend Tax

  1. Withholding Tax: Investors receiving dividends from foreign corporations may be subject to withholding tax at the source country. The rate can vary depending on the country and its tax treaty with the investor's home country.
  2. Tax Credits: In many cases, investors can claim a foreign tax credit on their domestic tax returns for taxes paid to other countries. This helps avoid double taxation of the same income.

Dividend Reinvestment Plans (DRIPs)

  1. Tax on Reinvested Dividends: Dividends reinvested through DRIPs are still subject to tax in the year they are paid, even though the investor does not receive them in cash. The additional shares purchased are considered taxable income.

FAQ Section for the Dividend Tracker Spreadsheet

The FAQ (Frequently Asked Questions) section addresses common queries and concerns users might have regarding the use and functionality of the Dividend Tracker Spreadsheet. This section aims to provide quick and helpful answers to enhance the user experience and understanding of the spreadsheet.

Q1: How often should I update my dividend tracker spreadsheet?

A1: Ideally, you should update your spreadsheet whenever there's a change in your dividend income. This could be after each dividend payout, or at regular intervals such as monthly or quarterly, depending on your preference and investment activities.

Q2: Can the spreadsheet track dividends from international stocks?

A2: Yes, the spreadsheet can track dividends from international stocks, just be sure to sue the Yahoo Finance ticker system.

Q3: How does the spreadsheet handle tax considerations on dividends?

A3: The basic version of the spreadsheet might not automatically calculate tax implications. You may need to manually input tax rates or consult with a tax professional to understand how to incorporate taxes into your dividend tracking accurately.

Q4: Is the dividend tracker spreadsheet suitable for beginners?

A4: Absolutely! The spreadsheet is designed to be user-friendly, and the accompanying tutorial helps beginners understand how to use it effectively. Moreover, the spreadsheet can be customized to suit varying levels of investment knowledge and experience.

Q5: Can I use the spreadsheet to project future dividend income?

A5: While the primary function is to track actual dividends received, you can modify it to project future income based on current holdings and known dividend rates. However, remember that projections are estimates and actual future dividends may vary.

Q6: Does the spreadsheet calculate dividend yields?

A6: Yes, you can configure the spreadsheet to calculate dividend yields based on the current stock price and annual dividend amount.

Q7: Can the spreadsheet help in deciding which stocks to buy for dividends?

A7: While the spreadsheet is a great tool for tracking, it’s not designed to specifically advise on stock purchases. It can, however, provide historical data that might inform your decision-making.


Dividends can provide investors with a valuable source of income, but it's important to understand the different types of dividend payments and how they can impact your portfolio. The dividend tracker spreadsheet can help you track your dividend payments and reinvestments, making it easier for you to create a long-term investing plan.

Want to learn more about dividend investing? Check out this article on the dividend discount model.

Do you have any questions about dividend investing? Leave a comment below, and we'll be happy to help!

Hello! I'm a finance enthusiast who fell in love with the world of finance at 15, devouring Warren Buffet's books and streaming Berkshire Hathaway meetings like a true fan.

I started my career in the industry at one of Canada's largest REITs, where I honed my skills analyzing and facilitating over a billion dollars in commercial real estate deals.

My passion led me to the stock market, but I quickly found myself spending more time gathering data than analyzing companies.

That's when my team and I created Wisesheets, a tool designed to automate the stock data gathering process, with the ultimate goal of helping anyone quickly find good investment opportunities.

Today, I juggle improving Wisesheets and tending to my stock portfolio, which I like to think of as a garden of assets and dividends. My journey from a finance-loving teenager to a tech entrepreneur has been a thrilling ride, full of surprises and lessons.

I'm excited for what's next and look forward to sharing my passion for finance and investing with others!

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