Hello.
New user here.
The total return of a position seems to include the gross payments of distribution not the net. as the return is minus the withholding taxes, shouldn’t the total return taking net into account instead?
If there are valid reasons to do it this way this should then be a switch to either compute return with net or with gross returns. My return (and reinvestments) is net of taxes paid and should be shown accordingly.
thank you
Hi @yougotcash the dividend return is currently calculated based on the gross value, but we are considering about including calculations for net income in the future. We will keep you updated once we have more information on this.
thanks for considering it. As it is sort of important to have the correct return, when is it planned for implementation? i cannot use any of the summarised reports as they give an inaccurate picture, even the total picture per holding is inaccurate.
Hello. any views on the timeline for implementing this?
Hello,
Any views on this?
Hi @yougotcash I’m unable to confirm a timeline for this at the moment unfortunately. We will let you know as soon as we have more information on this.
Hi any updates on this? Or can you explain what the logic is in showing the gross dividends? Why would anyone be interested in gross rather than actual net returns?
For the record I’d also much (much) prefer it shows net income instead of gross if possible (even if it’s a toggle). It just paints an inaccurate picture of returns when it’s shown in gross, and every other tool I use shows it as net, so Sharesight is always just out of whack.