How do I calculate dividend yield?

Dividend Yield = (Annual Dividend Per Share / Current Stock Price) × 100. For example, if a stock pays $0.50 per quarter ($2.00 annually) and trades at $40.00: Dividend Yield = ($2.00 / $40.00) × 100 = 5.0%. The Yield tab calculates this automatically for quarterly, monthly, semi-annual, or annual payment frequencies.

What is a good dividend yield?

Context determines what is good. Yields below 1% are minimal, 1–2% are low, 2–4% are moderate and typical for large dividend payers like blue chips, 4–6% are high and often found in REITs and utilities, above 6% are very high and warrant investigation into sustainability. Extremely high yields (above 10%) can signal dividend cuts ahead — when a stock price falls sharply, yield rises even if the dividend has not been raised.

What is Yield on Cost (YOC)?

Yield on Cost is the current annual dividend divided by your original purchase price — not the current market price. If you bought a stock at $30 and it now pays $2.40 annually, your YOC is 8% even if the current market yield on today's $60 price is only 4%. YOC grows over time as companies raise dividends, rewarding long-term holders of dividend growth stocks substantially above the quoted current yield.

How does DRIP (Dividend Reinvestment Plan) affect total return?

DRIP reinvests each dividend payment to purchase additional shares, which then pay their own dividends — creating a compounding loop. Over long periods, DRIP can dramatically increase total portfolio value compared to taking dividends as cash. The DRIP tab models this year by year and shows the exact dollar bonus from reinvestment over your chosen time horizon.

How many shares do I need for $1,000 per month in dividends?

Shares needed = (Monthly Target × 12) / Annual Dividend Per Share. For example, if a stock pays $2.80 annually per share: Shares needed for $1,000/month = ($12,000 / $2.80) = 4,286 shares. The Income tab calculates this automatically for $500, $1,000, $2,000, and $5,000 monthly targets and shows the total cost at the current stock price.

How do I compare dividend yields across multiple stocks?

Use the Compare tab. Enter up to 6 stocks with their name, current price, and annual dividend per share. Each row automatically calculates the current yield. Optionally add a dividend growth rate to see 5-year projected yield. A grouped bar chart ranks all stocks by current and projected yield side by side for immediate comparison.

Is this dividend yield calculator free?

Yes. The Dividend Yield Calculator Pro on StockToolHub is completely free to use with no registration, account, or subscription required. All five tabs are fully accessible with no limitations.

Dividend Yield Calculator Pro — Income, DRIP, Yield on Cost & Compare

Stock Price

Current Stock Price

Dividend Amount

Dividend Frequency

Dividend per Payment

Amount paid each distribution

Growth Estimate optional

Annual Dividend Growth Rate

%/yr

Average historical or projected DGR

Annual Dividend Yield

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Enter stock price and dividend amount

Annual Dividend / Share

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Dividend per Payment

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Payment Frequency

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Yield Category

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Yield vs Price Sensitivity

Compare Dividend Stocks

Stock / Ticker	Price ($)	Ann. Dividend ($)	Yield	Div. Growth (%/yr)	5-yr Projected Yield

Highest Yield

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Stocks Compared

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Avg Yield

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Highest Yield

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Lowest Yield

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Yield Comparison — Current vs 5-Year Projected

What each tab calculates

Yield

Calculate annual dividend yield from stock price and dividend per payment for any frequency. Includes a yield sensitivity chart across a range of prices and projected yield in future years with a growth rate.

Income

Calculate total annual, monthly, and per-payment dividend income from any position. Apply a tax rate to see net income. Includes a chart showing how income scales with share count and targets for monthly income goals.

DRIP

Model dividend reinvestment compounding over any time horizon. Inputs include price growth and dividend growth rates. Shows final portfolio value, total shares accumulated, final annual income, and DRIP vs no-DRIP comparison.

Yield on Cost

Calculate your true Yield on Cost (YOC) — the yield based on what you originally paid, not the current price. Compares YOC to current market yield, shows dividend CAGR, and charts how YOC grows over the holding period.

Compare

Side-by-side comparison of up to 6 dividend stocks by current yield and 5-year projected yield with dividend growth. A grouped bar chart highlights the best yielding stock instantly.