What is forward dividend?

Forward dividend is the annualized dividend amount based on the most recent payment, projected forward for the next 12 months. Formula: Forward Annual Dividend = Most Recent Payment × Annual Payment Frequency. For example, if a stock paid $0.75 last quarter, the forward annual dividend = $0.75 × 4 = $3.00. It represents the expected income over the next year if the dividend stays constant.

What is forward dividend yield?

Forward dividend yield = Forward Annual Dividend / Current Stock Price × 100. It uses the annualized most recent payment rather than the actual sum of the past 12 months (which is the trailing yield). Forward yield is more useful for income planning because it reflects the current dividend rate going forward, not historical payments that may include higher or lower amounts.

What is the difference between forward and trailing dividend yield?

Trailing yield = Sum of all actual payments in the past 12 months / Stock Price. Forward yield = Most recent payment annualized / Stock Price. If a company recently raised its dividend, forward yield is higher than trailing. If the company recently cut, forward yield is lower. Forward yield is more relevant for planning future income; trailing yield reflects what shareholders actually received over the past year.

What is yield on cost (YOC)?

Yield on cost = Current Forward Annual Dividend / Your Purchase Price × 100. It measures the income return on the capital you originally invested, not the current market price. If you bought a stock at $40 and the current forward dividend is $3.00, your YOC is 7.5% — regardless of what the stock now trades at. YOC grows over time as the company raises its dividend, making it a powerful metric for long-term dividend growth investors.

How do I calculate forward annual dividend from quarterly payments?

Multiply the most recent quarterly payment by 4. Example: $0.65 per quarter × 4 = $2.60 forward annual dividend. The Forward Dividend tab does this automatically — just enter the payment amount and select the frequency.

Is this forward dividend calculator free?

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

Forward Dividend Calculator Pro — Forward Yield, Income, vs Trailing, Growth & YOC

Most Recent Dividend Payment

Dividend per Payment

Amount per share in most recent payment

Payment Frequency

Position Details

Current Stock Price

Shares Owned opt

Tax optional

Tax Rate

Forward Annual Dividend

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Enter dividend per payment and frequency

Forward Yield

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Monthly Equivalent

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Annual Income (Position)

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Net Income (After Tax)

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Net Forward Yield

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Position Value

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Forward Annual Income by Share Count

Forward Dividend Portfolio

Stock	Shares	Price ($)	Fwd Div/sh ($)	Frequency	Fwd Yield	Fwd Annual Income	% of Total

Forward Annual Income

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Portfolio Value

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Blended Fwd Yield

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Top Contributor

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Holdings

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Forward Income by Holding

What each tab calculates

Forward Dividend

Annualize the most recent dividend payment to get the forward annual dividend per share. Calculates forward yield, monthly equivalent income, total position income from any share count, net income after tax, and a table of shares needed for common monthly income targets.

Forward vs Trailing

Compare the annualized forward dividend against the actual trailing twelve-month (TTM) sum. Shows forward yield vs trailing yield, dividend change, yield difference, income change on your position, and a signal indicating whether the dividend is growing, stable, or shrinking.

Growth Projection

Project the forward dividend under up to three growth rate scenarios over any period. Shows projected dividend per share, projected annual income, and forward yield at each scenario. A multi-line comparison chart shows all scenarios diverging over the projection horizon.

Portfolio

Build a multi-stock forward dividend portfolio with per-stock frequency. Each row calculates forward annual dividend, forward yield, annual income, and income share of total. Summary shows total forward income, blended yield, and a doughnut chart by holding.

Yield on Cost

Calculate yield on cost from any entry price vs the current forward dividend. Shows YOC premium over current yield, capital gain/loss, total return, and a projection of YOC over time at a given dividend growth rate.