BYTETOOLS

Dividend Calculator

Work out annual dividend income, dividend yield and yield on cost, then project reinvested DRIP growth from a dividend growth rate you set yourself.

$1,200.00
Annual income
$300.00
Per payout
4.00%
Dividend yield
6.00%
Yield on cost

Reinvestment projection

947.01
Shares after 15y
$98,395
Portfolio value
$37,162
Total dividends
YearSharesDiv/shareIncomeValue
1520.30$2.40$1,218$31,218
2541.63$2.52$1,331$33,798
3564.06$2.65$1,455$36,605
4587.64$2.78$1,591$39,661
5612.44$2.92$1,741$42,988
6638.55$3.06$1,906$46,614
7666.03$3.22$2,087$50,565
8694.98$3.38$2,286$54,873
9725.48$3.55$2,505$59,572
10757.63$3.72$2,746$64,701
11791.54$3.91$3,011$70,300
12827.30$4.10$3,304$76,416
13865.05$4.31$3,626$83,098
14904.91$4.53$3,982$90,404
15947.01$4.75$4,374$98,395

Reinvestment buys fractional shares at the price in force for that year; dividend and price growth are applied at each year boundary. No prices are fetched — every figure is one you typed. Dividends can be cut at any time, so this is an illustration of your assumptions, not a forecast or financial advice.

What is the Dividend Calculator?

The ByteTools Dividend Calculator turns a share count, a purchase price and a dividend per share into the numbers income investors actually track: annual dividend income, the current dividend yield, and yield on cost measured against what you originally paid.

  • Annual and per-payout dividend income for any payout frequency
  • Dividend yield on the current price and yield on your original cost
  • DRIP projection that buys fractional shares at each payout
  • Separate dividend growth and share price growth assumptions
  • Year-by-year table of shares, income and portfolio value
  • No live quotes; every figure is user-entered and stays in your browser

How to use the Dividend Calculator

  1. 1

    Enter the number of shares you own and the price you paid per share.

  2. 2

    Type the current share price and the annual dividend per share.

  3. 3

    Choose the payout frequency: monthly, quarterly, semi-annual or annual.

  4. 4

    Read the annual income, dividend yield and yield on cost.

  5. 5

    Turn on reinvestment, set growth rates and a horizon to see the DRIP projection table.

About the Dividend Calculator

The ByteTools Dividend Calculator turns a share count, a purchase price and a dividend per share into the numbers income investors actually track: annual dividend income, the current dividend yield, and yield on cost measured against what you originally paid. Payout frequency is selectable, so monthly, quarterly, semi-annual and annual payers are all handled correctly.

Switch on dividend reinvestment and the tool runs a period-by-period DRIP projection: each payout buys more shares at the then-current price, those shares earn the next payout, and both the dividend per share and the share price grow at rates you enter. The year-by-year table shows shares, income and portfolio value building together.

Every price and rate is typed in by you — the tool never quotes a market, fetches a ticker or connects to the internet, and all the maths happens in your browser. Companies can cut dividends at any time, so treat the projection as an illustration of a growth assumption, not a forecast or financial advice.

Frequently asked questions

How do I calculate dividend income?

Multiply the number of shares you own by the annual dividend per share. If you hold 500 shares paying $2.40 a year, that is $1,200 of annual income, or $300 per quarter for a quarterly payer.

What is the difference between dividend yield and yield on cost?

Dividend yield divides the annual dividend by the current share price and tells you what a new buyer would earn today. Yield on cost divides the same dividend by the price you originally paid, so it rises over time as a company raises its payout.

How does DRIP reinvestment change the outcome?

Each dividend buys additional shares, and those shares collect the next dividend, so both your share count and your income compound. Over long horizons the reinvested shares can account for a large share of total return, which is why the projection separates them out.

Is a high dividend yield always good?

Not necessarily. Yield rises when the share price falls, so an unusually high figure often signals that the market expects the dividend to be cut. Look at whether earnings comfortably cover the payout before treating a high yield as a bargain.

Does this tool look up real share prices?

No. Every price, dividend and growth rate is typed in by you. The tool makes no network requests at all, which is also why it works offline — but it means you should copy current figures from your broker or the company's investor page.

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