Dividend Calculator
Estimate the income a holding pays in dividends and how it grows over time.
About the Dividend Calculator
Enter how many shares you hold, the yearly dividend per share, how fast you expect the dividend to grow and over how many years. The calculator shows this year's income, a rough quarterly amount and the total you'd receive over the period.
Dividend income is shares × dividend per share. Companies with a record of raising dividends grow that income over time, even without buying more shares.
The formula
Income in year k = shares × DPS × (1 + growth)^(k − 1)
- DPS
- dividend per share for a year
- growth
- expected yearly rise in the dividend
Worked example
200 shares paying 2.40 a year, growing 5% a year
- This year: 200 × 2.40 = 480, about 120 a quarter
- Year 10: 480 × 1.05⁹ = 744.64
- Total over 10 years: about 6,037
Things to keep in mind
- Assumes you don't reinvest dividends; use the DRIP Calculator for that.
- Before tax on dividends.
Questions people ask
Are dividends guaranteed?
No; companies can cut or suspend them.
How are dividends taxed?
It depends on the country: qualified US dividends get lower rates; in India dividends are taxed at your slab rate.
Why is the quarterly amount approximate?
Companies don't always pay four equal dividends; some pay twice a year or add special dividends.