Charts and graphs
The Dividend Forecaster draws two charts after a run: a monthly income bar chart and an annual income projection. Together they show how your income is spread across the year and how it grows across the horizon. This page explains the axes, the toggles, the confidence band, and how to read each chart. The Dividend Forecaster is available on Pro Lite and Pro.
Before you begin
- Run a forecast first. For the steps, see Run your first forecast.
- To see the confidence band on the annual chart, keep the probabilistic mode on when you run.
Quickstart
After a run, the charts sit near the top of the results panel. Use the year selector on the monthly chart to step through your horizon, and use the gross-against-after-tax toggle to switch what each bar shows.
What it shows
The two charts cover two different views of the same projection, in the following sections.
Monthly income (bar chart)
The monthly income chart shows estimated dividend payments distributed across the 12 calendar months of one selected projection year. The horizontal axis is the months January through December. The vertical axis is dollars of income.
A toggle above the chart switches the bars between Gross, After tax, and Both side by side. A year selector lets you flip between any year in your horizon, and a running annual total for the selected year appears beside the controls.
Read this chart to see which months are heavy and which are light, based on each holding's payment schedule (monthly, quarterly, semi-annual, or annual). Hover a month to see the exact gross and after-tax amounts.
Annual income projection (line and area chart)
The annual income projection shows total dividend income for each year across the whole horizon. It starts from Current and steps through Year 1, Year 2, and on to the final year. The horizontal axis is the timeline of years. The vertical axis is dollars, abbreviated as K or M on the axis.
Two lines are plotted: gross income and after-tax income. When the probabilistic mode is on, a shaded confidence band is drawn around the projection to show the plausible range of outcomes, a low-to-high band labeled as a 90 percent range.
Read this chart to see the overall growth trajectory of your income and, with the band, how much uncertainty sits around it. Hover a year to see gross income, after-tax income, the monthly equivalent, and, in the probabilistic mode, the low-to-high range for that year.
Inputs
The charts take no separate input. They are driven by the forecast you have already run. The only controls are the year selector and the gross-against-after-tax toggle on the monthly chart.
Outputs and how to read them
- Monthly bars: the dollar income expected in each month of the selected year. Tall bars mark the months when most of your holdings pay.
- Annual lines: the gross and after-tax income for each year. The gap between the two lines is the tax you set.
- Confidence band: in the probabilistic mode, the shaded area shows where the outcome is likely to fall. A wide band signals more uncertainty in the projection.
- Monthly equivalent: shown on hover, this is the year's income divided across 12 months, a quick read of the average monthly figure.
How it is calculated
The charts plot figures the forecast has already produced. The after-tax line applies your tax rate to the gross figure for the same period.
after-tax income = gross income × (1 − tax rate)
In this formula, gross income is the projected pre-tax dividend income for the period in US dollars, and tax rate is the qualified-dividend rate you set, expressed as a decimal. For example, a gross income of 4,000 with a 15 percent rate gives 4,000 times (1 minus 0.15), which is 3,400 after tax. The window matches the chart: a single year for the annual line, a single month for a monthly bar.
The monthly equivalent shown on hover spreads a year's income evenly across the months.
monthly equivalent = annual income / 12
Here annual income is the projected income for the selected year in US dollars. For example, an annual income of 4,200 gives 4,200 divided by 12, which is 350 per month. This is a flat average, so it does not reflect that some months pay more than others. For the true month-by-month distribution, read the monthly bar chart and the payment calendar.
The confidence band comes from the probabilistic run, which simulates many paths and reports the range across them. The internal ranges and limits the simulation applies are part of GNG's proprietary methodology.
Data and timing
The projection behind the charts is built from each holding's dividend history and payment frequency, delivered through AlphaVantage. The figures update when you run or re-run a forecast. They do not change on their own between runs.
Use cases
- Spot the months when your income clusters and the months that run light.
- Compare the gross and after-tax lines to see the drag from the tax rate you set.
- Judge the spread of outcomes from the width of the confidence band before relying on a single number.
Limitations and disclosures
The confidence band is a model of plausible outcomes, not a guarantee. The monthly equivalent is a flat average and hides the real month-to-month pattern. After-tax figures use the single flat rate you set.
GNG Research provides equity research and educational tools, not investment advice. Nothing on the platform is a recommendation to buy or sell any security. Do your own research and consider your circumstances before making any investment decision.