Dividend Yield Calculator — Calculadora Online Grátis
Dividend yield, annual income, payout ratio and dividend growth rate projection
Sobre Esta Calculadora
Dividend yield is the annual dividend per share divided by the current share price — a simple measure of the income return on a stock investment. A stock trading at $50 paying $2.00/year in dividends has a 4% yield; the same dividend payment after the stock rises to $60 yields only 3.33%.
Payout ratio — annual dividends divided by earnings per share — is the key metric for dividend sustainability. A company paying $2.00/year while earning $2.50/share has an 80% payout ratio: sustainable but leaving little room for earnings declines. A ratio above 100% means the company is paying out more than it earns — typically unsustainable without dividend cuts or debt.
Dividend growth rate matters as much as current yield for long-term income investors. A stock with a 2% yield growing dividends at 8%/year doubles its income in 9 years. A stock with a 5% yield growing at 2%/year takes 35 years to double. This calculator's growth projection shows the yield-on-cost you'll receive in future years — a metric "dividend growth" investors optimise for.
Tax treatment: qualified dividends (from US corporations held >60 days) are taxed at 0%, 15%, or 20% based on income. Ordinary dividends are taxed as regular income. Foreign dividends may have withholding taxes. REITs and MLPs have distinct tax treatment — dividends may be non-qualified, increasing the effective tax rate.
A yield above 6% should prompt scrutiny: either the stock price has fallen (potential value or distress), or the company is maintaining an unsustainable payout. Check the payout ratio and dividend history before assuming a high yield is attractive.
Fórmula
Dividend Yield = Annual Dividend per Share / Share Price × 100
Dicas
- A high yield (>6%) may signal a dividend cut risk — always check the payout ratio (should be below 80%).