Dividend Yield & Income Calculator
Enter how many shares you hold, your average purchase price, and total annual dividend per share (sum of all dividends in a year) to see yield on cost, total yearly dividend income, and optionally dividend yield at today's price for Indian equity comparisons.
Fully paid equity shares held in demat; quantity scales both cost and dividend income equally.
Total dividends per share in one year (e.g. interim + final). Same figure brokers use for trailing twelve-month dividend yield.
Leave at 0 to hide "yield at current price". When set, yield = annual DPS ÷ current price × 100 (spot dividend yield).
Yield on cost
3.58%
Annual dividend income
₹2,400
Total investment (at cost)
₹67,000
Annual DPS (total)
₹12
Cost vs annual dividend cash
Dividend yield, yield on cost, and dividend income
Dividend yield expresses how much cash you receive in dividends each year relative to a price you choose—usually your purchase price (yield on cost) or the current market price (often quoted on screeners for comparing stocks). Annual dividend income is simply number of shares multiplied by total dividends per share over a year (interim plus final, plus any other regular payouts you count in that period).
Why yield on cost matters for long-term holders
If a company raises dividends over time, your yield on cost can rise even when the share price moves: you care about rupees of dividend per rupee you originally invested. Comparing that to fixed-income yields or to your portfolio goals helps judge whether a dividend stock still meets your cash-flow targets.
Formulas used
- Annual dividend income = number of shares × annual dividend per share (DPS)
- Yield on cost = (annual DPS ÷ your average purchase price per share) × 100%
- Dividend yield at market = (annual DPS ÷ current market price per share) × 100% when you enter a live quote
- Dividend payout ratio (not computed here) compares dividends to earnings per share—a company metric, different from investor yield
Interpreting high or low dividend yield
A higher percentage is attractive for income, but it can also signal a sharp price drop or a payout that may not last. Use this calculator together with fundamentals—earnings stability, payout sustainability, and your total return including price change—not yield alone.
How to use this calculator
- Enter your share count and average buy price per share (blended if you bought in tranches).
- Enter total annual dividend per share —add all dividends paid per share in the last twelve months or use your forecast.
- Optionally add current price to see spot dividend yield alongside yield on cost.
- Read annual dividend income in rupees and compare yields for different stocks or scenarios.
Frequently asked questions
What is dividend yield?
Dividend yield is annual dividend per share divided by a price, shown as a percent. Using your purchase price gives yield on cost; using the latest market price gives a figure similar to what many stock screeners label as dividend yield for comparison across names.
How is yield on cost different from dividend yield at market price?
Yield on cost uses what you paid. Yield at market uses today’s price. If the stock has risen, yield on cost is often higher than the market yield because the denominator (your cost) is lower than the current quote.
What is dividend payout ratio?
It is dividends divided by earnings per share, from the company’s angle. It tells you what fraction of profit is paid out. It is not the same as dividend yield, which uses share price in the denominator for investors.
How do I get annual dividend per share?
Add every dividend declared per share over a year: for example, interim plus final. For forward-looking estimates, use the company’s stated policy or analyst consensus, knowing actual dividends can change.
Is a high dividend yield always better?
Not always. Yields can spike after price falls or because of one-time dividends. Assess whether the business can maintain payouts and whether your overall return (dividends plus capital gains) fits your risk tolerance.
Does this tool include taxes or charges?
No. Figures are before tax. Brokerage and statutory charges apply to trades, not usually to receiving dividends in the same way; tax on dividend income depends on current rules and your status.
Can I use this for mutual funds or ETFs?
The same math applies if you treat "dividend per share" as distribution per unit and use your average purchase NAV or current NAV for yield. Fund distributions include dividends and other components—read the scheme documents for detail.
Is this calculator free to use?
Yes. It runs in your browser with no sign-up. Results are for education and planning, not investment, tax, or legal advice.