Know exactly when your SGX dividends land and how much they're really worth in SGD
Ex-dates are easy to find. Payable dates are buried, and a portfolio split across SGX, US, and a couple of UK or Aussie tickers needs a fresh FX rate per payout to be accurate. Merlio handles both, so your dividend calendar, blended yield, and run rate just sit there in SGD without a spreadsheet.
The short version
What it tracks: SGX REITs, Singapore dividend stocks, and dividend ETFs from the US, UK, and Australia. Multi-currency, with daily FX to SGD.
What's different: Confirmed SGX payable dates, not just ex-dates, plus a 60-day forward strip showing exactly when cash arrives.
Who it's for: investors who want their dividend run rate, blended yield, and next-month income visible at a glance, without rebuilding it in a spreadsheet every quarter.
The dividend tracking problem
Ex-date and payable date are two different things. Ex-date tells you the day you have to be a holder to be entitled to a distribution. Payable date tells you when the cash actually shows up in your bank. Most trackers conflate them or skip the payable date entirely, which is fine until you're trying to budget the next month's spending around a CICT or Mapletree payout.
SGX REITs distribute on schedules that don't always line up with a tidy calendar quarter, and US ETFs in your portfolio pay in USD on their own cadence. To get a clean SGD picture, your spreadsheet needs the right FX rate on each payable date, not today's rate applied retroactively. That's a lot of VLOOKUPs.
Yield is also misleading without a denominator. The yield you read on a screener is against today's market price. The yield that actually matters to you is yield-on-cost: your distributions as a percent of what you actually paid. That requires per-lot tracking across every buy you've ever made.
And then there's run rate. Every dividend investor asks themselves the same question, "what am I on track to receive over the next twelve months", and every spreadsheet answers it slightly wrong, usually because units-at-ex-date isn't tracked properly through buys and sells.
How Merlio handles it
Four things the tracker does so you don't have to.
Confirmed payable dates, not just ex-dates
We source payable dates from multiple public feeds and cross-check them against each other for .SI tickers. So when CapitaLand Integrated Commercial Trust declares a distribution, you see both the ex-date and the date the cash hits your bank.
Where sources disagree, we use the most authoritative available value so your forward calendar reflects the real payment schedule.
Blended SGD yield-on-cost, calculated for you
Your yield is computed against your actual cost basis, not the current market price. Multi-currency holdings are converted to SGD using daily FX. The yield you see is the yield you'd quote to a friend at dinner, not a market-cap-weighted abstraction.
Per-holding and portfolio-blended, both visible in the same view.
A 60-day forward calendar
Open the Dividends tab and see every upcoming payable date for the next 60 days, with the ticker, ex-date, declared amount, units held at ex-date, and expected SGD. Nothing to compute.
A monthly heatmap below the strip shows the rhythm of your income across the year at a glance.
Inferred historical income from your transactions
We walk your buy and sell history to compute units-at-ex-date for every past dividend, then convert each tranche to SGD using the FX rate of the day. Your trailing 12-month dividend total is real, not estimated.
If you log a dividend manually in any of 9 supported currencies, it folds into the same total without extra work.
Ask the AI what your dividends are doing
Merlio's AI assistant has access to your full dividend history and can answer real questions about it in seconds. Not pre-baked dashboards or canned chart filters, real natural-language Q&A grounded in your actual transactions.
You can ask things like:
- "What was my dividend run rate at the end of last year?"
- "Which REIT pulled its weight most for total return last year, dividends plus price?"
- "How much SGD will I receive in dividends in May?"
Answers cite the underlying transactions, so you can sanity-check the math instead of taking a number on faith.
Where it falls short
An honest list. We'd rather you know up front.
- We don't yet have lot-level DRIP audit trails for users who reinvest religiously and want every reinvested unit traced back to its source distribution.
- For SGX corporate-action types beyond cash dividends (rights issues, scrip alternatives, special distributions), we surface the event but don't yet model the option choice.
- Brokers outside SGX, NYSE, NASDAQ, LSE, ASX, Bursa, and HKEX aren't directly supported. Custom tickers can fill the gap with manual price updates.
We're working on these. If one is a dealbreaker for you today, that's totally fair.
Pricing
The free tier covers all the dividend tracking above. Premium unlocks three things: the AI portfolio analyst so you can ask questions like "what did my REITs pay last year", automatic daily net worth snapshots so your history builds without manual saves, and unlimited holdings so your full portfolio is never capped.
Three ways to pay. Every plan includes the same 60-day free trial, no credit card required.
S$59 / year
Best ongoing value. Works out to about S$4.92 a month.
Start free trialS$39 first year
Then S$59 a year. Expires 31 Aug 2026.
Start free trialEvery plan includes a 60-day free trial. No credit card required.
Frequently asked questions
How does Merlio get SGX payable dates?
We pull from multiple public data feeds and cross-check them against each other for .SI tickers. Where sources disagree, we use the most reliable available value. The result is a payable date you can actually budget around, not one taken from a single feed at face value.
What if a dividend amount looks wrong?
We have three layers of guards against bad data, including outlier detection that drops any declared amount more than 5x the median of historical distributions for that ticker. If something still looks off, you can log a manual override and tell us, and we'll take a look.
Does Merlio handle dividend reinvestment (DRIP)?
Yes for basic DRIP, just log the reinvested units against the same holding and they fold into your cost basis and yield-on-cost. Lot-level reinvestment auditing, where each reinvested unit is traced back to its source distribution, is on the roadmap.
Can I log dividends manually?
Yes. This is especially useful for non-SGX brokers, custom tickers like Endowus or StashAway funds, or one-off special distributions. You can log in any of 9 supported currencies and the conversion to SGD is automatic.
Does it support REITs from other markets?
Yes. US REIT ETFs (VNQ, SCHH), Hong Kong REITs, Australian REITs, and most listed markets. Multi-currency to SGD conversion is automatic, so a HKD distribution lands in your run rate at the right SGD value without extra setup.
How are dividend yields calculated?
Yield-on-cost: trailing 12-month dividends divided by your actual cost basis. Multi-currency converted to SGD using daily FX. Shown both per-holding and as a portfolio-blended number, weighted by SGD value.
What's the difference between declared and inferred dividends?
Declared means a distribution announced by the issuer with a known ex-date and amount, which we display in your forward calendar. Inferred means our computation of what you actually received historically, based on your transactions and the dividend records on file. Both feed into your run rate.
Does Merlio give dividend stock recommendations?
No. We track and calculate, we don't recommend buys or sells. For personalised advice, please speak to a MAS-licensed financial adviser.
Try Merlio free for 60 days. No credit card. Cancel any time.
Free tier available forever if all you want is the basics.