A dividend stock is a great option if you're looking to diversify your overall investment portfolio and reduce risk while making your money work for you. Most stocks will pay out their dividends quarterly, with some raising the payout amount over time.
While there are a variety of ways to keep track of your dividend stock, in this post, we'll focus on Excel. Specifically, we're going to focus on utilizing Intrinio's free Excel Add-In, which allows you to pull in a variety of dividend records such as the amount of latest dividend, the dividend yield, dividend payout ratio, and more.
Before you can create your dividend stock portfolio, you will need to follow the following steps:
Now, in just four steps, you will be able to create a dividend stock portfolio that automatically updates with the latest data, using the API Explorer and the Excel add-in.
If you'd like to learn how to include historical dividend stock records in your portfolio, be sure to check out our Quick and Easy Dividend Records in Excel video tutorial (and many others) on our YouTube channel!