Dividend Income Planner
Calculate annual and monthly dividend income, yield on cost and growth projection.
Dividend Income Planner calculation coverage
- 01
Current annual income
- 02
Yield on cost
- 03
Dividend growth projection
Dividends can be reduced or suspended and projections exclude taxes and reinvestment.
About this tool
The dividend calculator multiplies your shares by an assumed annual dividend per share. It shows annual income, monthly average income and yield at one entered share price. Use current price for current yield or original unit cost for yield on cost; run each scenario separately.
How it works
Annual income = shares × annual dividend per share. Monthly average = annual income ÷ 12. Yield = annual dividend per share ÷ entered share price. Future income applies the assumed dividend growth rate without reinvestment.
| Parameter | How it is used |
|---|---|
| Shares | Quantity eligible for the modeled dividend. |
| Dividend per share | Annual cash distribution assumption. |
| Reference share price | Use market price for current yield or purchase cost for yield on cost, one calculation at a time. |
| Dividend growth | Models hypothetical future income. |
Annual income versus monthly average
100 shares, a $50 reference share price and a $2 annual dividend per share. No growth, tax or reinvestment.
Annual income = 100 × $2 = $200. Monthly average = $200 ÷ 12 = $16.67. Yield = $2 ÷ $50 = 4%.
$200 annual income, about $16.67 per month on average and a 4% yield at the entered price.
A monthly average is not a payment schedule. If $50 is your cost, the result is yield on cost; if it is today's price, it is current yield.
How to use this tool
- Enter shares, the assumed annual dividend per share and a reference share price.
- Choose current market price or purchase cost depending on the yield you want to measure.
- Use a hypothetical growth assumption and compare annual income with its monthly average.
Frequently asked questions
What is yield on cost?
Yield on cost is current annual dividend income divided by the original cost of the position. It differs from current market yield.
Is a higher dividend yield always better?
No. A high yield can reflect a falling share price or an unsustainable distribution. Cash flow and payout quality still require analysis.
Does the projection include reinvestment?
No. The growth projection changes dividend per share but does not automatically buy additional shares.