Dividend Yield Calculator
Calculate annual gross cash dividend yield using a supplied trailing total or forward assumption. Understand the annual per-share units, current-price denominator and limitations.
Annual cash per share in one major currency, before fees and tax. No capital gains, reinvestment, guaranteed payout or personalized investment advice.
Gross dividend yield
Enter both values and confirm the annual basis, or load the verified worked example.
Inputs stay in browser memory. Up to 12 fractional places; price 0.000000000001–1000000000000, dividend 0–1000000000000. Isolated 120-digit decimal arithmetic; half-even display rounding. Tiny yields remain visible; valid yields above 100% are not capped. Educational use, not personalized investment advice.
Understand trailing and forward dividend yield
Learn which annual dividend amount to enter, why a lower price can raise yield, and how special payouts, yield on cost and total return differ.
Read the complete Dividend Yield guideFormula and methodology
Y = 100 × D / P.
D = annual gross cash dividend per share.
P = positive current price per share.
Gross dividend yield percent Y = 100 × D / P. The denominator is current price, not purchase cost or face value. D is already an annual per-share total; no share quantity or payment-frequency multiplication occurs. This is an income-to-price ratio, not an effective annual growth rate, compounding model or total return. No dates, leap-year accrual or recurring contribution timing applies.
Definitions
P is the positive current price of one share. D is the entire annual gross cash dividend for that same share, before withholding. Trailing uses your supplied cash paid in the preceding twelve months, including special cash payouts consistently; forward uses your supplied next-year assumption. Neither basis is verified against issuer records. Both amounts must use the same share units and major currency.
Verified worked examples
With annual cash dividend per share 2.40 and current price 80, 100 × 2.40 / 80 = 3%. At price 40 with the same dividend, yield is 6%: cash per share has not increased. At price 0.50 and annual dividend 1, the mathematical yield is 200%; that can reflect an exceptional distribution or a distressed price and is not evidence of a sustainable payout.
Interpretation
Trailing yield describes a supplied historical cash total relative to today’s supplied price. Forward yield expresses an assumed annual payout relative to that price. A high number alone cannot establish safety, valuation or expected total return. The share price can fall by more than dividends received; dividend payments can be reduced or stopped.
Inputs and interpretation
Choose formatting, select trailing or forward, then enter a positive current per-share price and an already annual gross cash dividend per share. Explicitly enter 0 if no dividend. Confirm consistent units and calculate. A basis change clears the dividend and confirmation, so you must supply a new amount. Check issuer disclosures and reconcile your annual total; a quarterly payment alone is not an annual total.
Assumptions and limitations
One security, consistent share units and major currency. Annual gross cash per share, no reinvestment, no price gain, no transaction costs or tax/withholding calculation. No tax credits, franking credits, FX, live quotes, entitlement dates or corporate-action processing. A forward assumption is not a guaranteed dividend; trailing special payouts may not recur. Country choice changes formatting only.
Supported domain and common mistakes
Trimmed ungrouped decimal strings have at most 48 characters and 12 fractional places. Price is 1e-12 through 1e12; dividend is 0 through 1e12. Yield is bounded by 0 and 1e26 percent, without a 100% cap. Isolated 120-digit half-even arithmetic is checked against independent exact rational references at absolute plus relative 1e-100 tolerances. Display uses six decimal places with tiny scientific notation and eight-significant-figure detail; monetary displays round to two places with tiny-value markers. No unsupported value is silently clipped.
Do not enter a quoted dividend percentage as cash, use original cost or face value as current price, mix pence and pounds, or enter total dividends across your entire holding. Do not automatically multiply an irregular or special payment by four. Net cash after withholding is not gross cash before tax. A franking credit or tax credit is not an additional cash dividend here.
Frequently asked questions
How is dividend yield calculated?
Should I enter a quarterly dividend or an annual total?
What changes when I select forward yield?
Can a dividend yield exceed 100%?
Can I enter zero dividend or zero price?
Does choosing a country calculate my net yield?
Does this show total return or reinvested growth?
Sources and educational scope
Educational calculator, not personalized investment advice, an investment recommendation, a forecast or tax reporting. Dividend yield excludes capital gains/losses, reinvestment, fees, withholding and taxes. The calculator cannot establish the safety or continuation of payouts. Use issuer records and appropriate professional guidance for decisions outside this narrow cash-yield model.
Reviewed . AI-assisted content under operator editorial responsibility; no independent expert financial review is claimed.
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