Calculator · Canada & US
Dividend income, yield on cost and growth projector
Turn shares and a dividend into income per payment, month and year, see yield today and on cost, and project growth. Load any of 65 companies from their filings.
Load a company to start from what its filings show, then change the growth rate to test your assumptions.
Your position
Fills the latest annual dividend and 5-year dividend growth from the company's filings.
Income now and later (before tax)
Per year now
$480.00
Per payment
$120.00
Yield today
4%
Yield on cost
5.33%
Per year in 15 yrs
$998
Yield on cost in 15 yrs
11.09%
Dividends collected
$10,876
- Annual income at 5% growth, no cuts
Steady growth with no cuts is an assumption, not a forecast. Yield on cost shows how far your income has grown; today's yield is what the money earns at today's value.
Estimate for education, not advice. This site does not recommend, rate or rank any security and does not know your full situation. Results depend on your inputs and the simplifications listed under Method. Check tax details with the CRA or IRS, or a qualified professional. Read the disclaimer.
How to use it
- Optionally load a company: its latest annual dividend and 5-year dividend growth fill in from its SEC filings.
- Enter your shares, today's price and your average cost.
- Set a growth rate and horizon to see future income and yield on cost.
- Compare the growth rate with the company's earnings growth before relying on it.
Method and limits
- Annual income = shares × annual dividend per share; per payment = annual ÷ payments per year.
- Yield today = dividend ÷ today's price; yield on cost = dividend ÷ your average cost.
- Projection: income × (1 + growth)^years, with no cuts and no new purchases. Dividends collected sums each year's income.
- Preloaded values: the latest declared quarterly dividend × 4 where a recent 10-Q shows it (US filers), otherwise the latest fiscal year's dividends per share.
Frequently asked questions
Should I use the trailing or forward dividend?
Forward (latest declared payment × payments per year) reflects recent raises or cuts; trailing (last twelve months paid) reflects what was received. Leave special dividends out of both.
Is a high yield on cost good?
It shows how much the dividend has grown since you bought. It says nothing about whether the dividend is safe or whether today's value could earn more elsewhere; today's yield answers that.
Where does the preloaded growth rate come from?
The compound annual change in dividends per share over the last five fiscal years in the company's filings. Past growth is a clue, not a promise.