dividend-tracking

Dividend Tracking

Purpose

Read received-dividend records from the local DB transactions table (refreshed sync-first) and report Layer 2 income against target.

family_office.db is the system of record. The Dividends sheet and its Apps Script automation were retired 2026-07-31.

Step 0: Refresh (sync-first, mandatory)

Dividend records come from the DB, refreshed FIRST so income can never be stale. Follow the shared Sync-First + DB-Read pattern.

uv run python -m src.integrations.snaptrade.sync_transactions_db          # writes transactions
uv run python -m src.integrations.snaptrade.sync_transactions_db --show   # confirm freshness

Completion criterion: the transactions table carries this run's synced_at before any dividend is read.

Reading dividends

sqlite3 family_office.db \
  "SELECT date, symbol, amount, description FROM transactions WHERE type = 'DIVIDEND' ORDER BY date;"

Each row carries date, symbol, amount, and description. Null-symbol dividends already have a ticker resolved during the activities sync (parsed from the description, for example ... ETF (SCHD), mirroring the positions/options symbol fallback), so symbol is reliable.

Dedupe needs no external ledger: the activities sync is idempotent via dedupe_key, so re-running never double-counts.

Monthly analysis

Aggregate by ticker and month:

sqlite3 family_office.db \
  "SELECT strftime('%Y-%m', date) AS month, symbol, ROUND(SUM(amount), 2) AS received
   FROM transactions WHERE type = 'DIVIDEND'
   GROUP BY month, symbol ORDER BY month DESC, received DESC;"

Monthly total against the Layer 2 target:

sqlite3 family_office.db \
  "SELECT strftime('%Y-%m', date) AS month, ROUND(SUM(amount), 2) AS total
   FROM transactions WHERE type = 'DIVIDEND' GROUP BY month ORDER BY month DESC LIMIT 12;"

Evaluation standard

• Judge holdings on trailing 12-month yield, not month-to-month distribution changes.
• ±5-15% monthly distribution variance is NORMAL for options-based funds. Do not flag it as risk.
• Sell triggers are red flags only: sustained decline greater than 30%, NAV erosion, or a strategy change. Not normal variance.

Margin coverage

Dividend income against margin interest is the coverage ratio that drives the scaling triggers. See the margin-management skill; do not recompute the thresholds here.

CSV fallback

notebooks/updates/dividend.csv (the Fidelity dividend view export) remains a manual reconciliation source if the live activities sync is unavailable. It is not the primary path.

Reference Files

• User Profile: fin-guru/data/user-profile.yaml
• Sync-first pattern: .claude/skills/_shared/SyncFirstDbRead.md
• Income vehicle framework: fin-guru/data/modern-income-vehicles.md

Educational purposes only. Not investment advice. Dividend distributions are not guaranteed, past yield does not predict future income, and options-based income funds carry risk of principal loss. Consult licensed financial and tax professionals before acting.

Skill Type: Domain (workflow guidance) Enforcement: SUGGEST Priority: High