Bob, thank you very much for the reply and the link to the other board.

I was thinking along the lines you describe, because I can't believe I'm the first person to want to track return on investment. But what I still can't get my head around is why the dividend gets treated as if it was just new money. After all, if I bought $100 of a stock, and then bought $10 more with 'my own' money, fair enough I have $110 of stock. But if my $100 generates a $10 return, the $10 should be seen as a return on the $100.

It just seems to me that Quicken is undervaluing, or at least under-reporting, the dividend yield of a stock by treating it as new money invested.

- Mark