Build a Dividend Income Calendar for Your Canadian Portfolio — and See Exactly When Your Money Arrives

What a dividend income calendar shows you

The basic version is a 12-month grid. Each month shows how much dividend income your portfolio generates — across all holdings, all account types, in Canadian dollars. Months with income show a bar. Months with nothing are flagged in red.

At the top sits a single number: your Income Gap Score — the count of months where your portfolio produces zero income. An Income Gap Score of 4 means four months of silence. A score of 0 means every month is covered. The goal is 0.

Below the grid, the calendar shows your full annual income broken into the numbers that matter for an income investor: total annual dividends, average daily passive income, which months pay the most, and which holdings are doing the heaviest lifting. The daily income figure — total annual dividends divided by 365 — is the number most dividend investors have never calculated but find surprisingly motivating once they see it.

How DRIP compounding changes the picture over time

A static calendar only shows you today. The more useful version shows you what Year 3 or Year 5 looks like if your DRIP keeps running.

This is where a year slider becomes essential. As you advance from Year 1 to Year 5 to Year 10, two things happen to the bars in your calendar: they grow taller as reinvested dividends accumulate new shares, and some of them appear in months that are currently empty.

Here is why the second part matters. If you hold a quarterly payer that covers February, May, August, and November, you have eight empty months today. As DRIP accumulates shares over time, the dividend income per quarter grows. Eventually, adding a deliberately staggered second holding closes the adjacent months. Watching a February gap close itself by Year 4 — without adding new capital, just from DRIP running — is when the Income Snowball concept stops being abstract.

The calendar models two separate growth levers so you can see them clearly:

• • Share accumulation from DRIP reinvestment — dividends buying new shares each cycle
• • Dividend per share growth — the company raising its payout annually (the dividend growth rate, or DGR)

These are different forces and they stack. A 5% DGR combined with active DRIP reinvestment produces significantly higher income in Year 10 than either lever alone.

What the calendar accounts for that most people miss

A dividend income calendar built properly is not just a spreadsheet of payment dates. There are several accuracy gaps that trip up investors who try to build one manually.

The shareable Prospyr Snapshot

Once your calendar is built, a single button generates a clean branded card showing your daily income, annual total, current yield, and month coverage dots — formatted for a direct screenshot and post to any investing community or group chat.

The caption button writes the post text for you, with the Prospyr URL embedded naturally in the body so it reads like a peer recommendation, not a link drop. When you advance the year slider, the Snapshot updates to show your projected future income — making for a more interesting post than a static number.

Run your own numbers in the Dividend Income Calendar

The Dividend Income Calendar at prospyr.ca/calculator/dividend-income-calendar builds your full-year income map from your actual holdings. Enter ticker label, shares owned, dividend per share, payment months, account type, and DRIP status — and the calendar generates the grid, calculates your Income Gap Score, and projects the next 20 years of growth with the year slider.

Every holding you add updates the Income Gap Score live. The goal is getting it to 0. Once your calendar is built, the next question most investors ask is whether each holding's Coverage Ratio is strong enough to sustain the DRIP through a period of Price Creep— when a rising share price threatens to push the quarterly payout below the reinvestment threshold. That is the work the DRIP Engine Simulator was built for.