Can ChatGPT Project Dividends? Not as Good as This Tool

Brett Owens, Chief Investment Strategist
Updated: December 19, 2023

I hear that robots are standing by to run the world.

Fine—just have them send us a nice, neat report on our dividends. Preferably daily. Thanks.

Seriously, my fellow contrarian, enough with the hype. I tried, albeit briefly, to use ChatGPT as a research assistant for this column. Really it was a softball that I knew the answer to:

Hello ChatGPT, how much did iShares 20+ Treasury Bond ETF (TLT) drop in 2022?

The answer, of course, was 31%, but the robot hadn’t been fed the info so didn’t know. I lost interest and carried on as usual, “manually” verifying my numbers.

My top wish list item—a tool that projects dividends easily and automatically—was delivered by our talented development team before ChatGPT was all the rage. And it’s way more useful to us income investors.

Goodbye spreadsheets, hello Income Calendar. It’s a dividend dream.

When I proudly state that a portfolio of our picks is paying 8.6%, I’m not using a spreadsheet. (Sorry, 2003.) Nor am I using ChatGPT, which doesn’t have this information. (Sorry, 2023.)

No, I’m using a tool handcrafted by our team here at Contrarian Outlook. Income Calendar is a one-stop shop for dividend tracking and income projections.

And best of all, it’s automated. Which means we can literally set it and forget it.

The set part is easy. Existing premium subscribers can use one-click shortcuts to import all of the tickers from, say, Contrarian Income Report or Hidden Yields:

Own another dividend stock? A big payer like Arbor Realty Trust (ABR)? Or a stack of Altria Group (MO) you’ve had on hand since the 1970s? We don’t judge at IC. We simply let you add the tickers and share counts for your tracking purposes:

Really, that’s the setup. It will take you five or ten minutes just once and you’re good to go. Plus a minute or so when you buy or sell something. (If you buy or sell—again, we’re not judging, we’re just tracking and projecting income here.)

Once complete, you’ll see helpful information such as the 8.6% portfolio yield I mentioned at the outset:

And how much projected income you’re looking at by month for the next 12 months:

Now let me show you some cool features, and reasons why you won’t actually forget about Income Calendar. Let’s click January 2024 to see what’s ahead.

Everything we need to know for January is here. Dividend declarations, payments, earnings reports—you name it, IC has it.

And by the way, no need to even click into the app for this information. I personally have IC setup to send me emails about income events I want to know about. Remember Lincoln National Corp (LNC), the maligned insurer we discussed months back?

It’s rallied like crazy since then, exactly for the reason we outlined. Lincoln’s big dividend is perfectly safe. My email alert from Income Calendar confirmed this:

Tracking this activity on a spreadsheet would be tedious. No thanks.

Relying on third-party websites would be sketchy. Quality of data is important. I don’t trust many sites, to be honest, without verifying. Which takes time and is another layer of monotony.

I trust Income Calendar because I trust our data sources. This tool saves us time. It tracks and projects our money. Does it get any better than this for a dividend investor?

Income Calendar is now available for you to try on a risk-free trial basis. Why not take it for a spin?

I recorded a short demo video that will walk you through how I use this easy, powerful dividend tracking tool. Please click here to watch my video demo walk through.