In my mind, there were several parts in developing a mobile app that weren't as simple as they seemed. The fact, that the concept is changing during the whole development complicates the process. Moreover the Beta-testing and coverning all edge-cases was pretty time-consuming.
Actually I only have 2 favorite apps. The first one is Instagram. There are so many inspirations in sports, development and life in general. I really like to browse through this for inspiration. The second one is my own app: divCalender. For me, as a private investor with a focus on dividend growth, this app is pretty useful. It helps me keep track of all of my dividends and dividend related dates. It also saves me some time, as I don't need to analyse this stuff via Excel anymore. Even though I am an IT-Person I do not spend much time using apps, so these two are actually the apps I use most often.
So we had some meetings at the beginning to create a good concept and the development started in September. We were a team of five. We were split on Android and iOS. I developed the Android party by myself and the others the iOS one.
The idea of the app was just to simplify the overview of your dividend growth invests. It was basically to combine all dividend related information of your depot or the stocks you are interested in by using this application.
At the beginning of our development, we already checked some similar apps and found that these were pretty messy, as there was too much information (such as the actual stock price or some other information that does not matter if you follow 'buy & hold' or the 'dividend-strategy'). So we just wanted to create an easy tool which is simple to handle and that's neat. And I think we actually nailed it.
Most important for now is an API to get good data. At present, we collect the data from different sources and insert them manually in our database which is very time-consuming. An API is also pretty expensive, so we are trying to find some investors so we don't need to invest that much of our own money and go full risk. For the functionality itself, we are considering how to create an easier way to insert your data.... something like an import or export function. But we are also likely to refer to some customer wishes.
Most important for me is to simplify your dividend-investments. And if you like the app we'd love to get a recommendation or feedback. We'd also thank you a lot if you would recommend this to other investors.
About App: The div Calendar provides multiple features for your own depot. You can create as many depots as you want and add stocks from all important indices to them. With a calendar you can see your monthly dividends - either altogether or in your specific depots. You can also check when the companies pay their dividend and how much it is. As a special feature you can also see your dividend for the whole year and the dividend that is left to pay for the actual remaining year.
Date: April 25, 2018
Developer: Fabian Pöhler