How to Use This Calculator
This dividend calculator helps you estimate the future income from your dividend-paying stocks or funds. Simply enter the current share price, the number of shares you own, the annual dividend per share, and your expected dividend growth rate. You can also factor in taxes and see the powerful effect of reinvesting your dividends (DRIP).
Formula
The current yield is calculated as: (Annual Dividend Per Share / Share Price) Γ 100
Your annual income is calculated as: Shares Owned Γ Annual Dividend Per Share
Example
If you own 100 shares of a stock priced at $50 per share, and it pays an annual dividend of $2 per share:
- Current Yield = ($2 / $50) Γ 100 = 4%
- Annual Income = 100 Γ $2 = $200