⚡ Free Tool

Dividend Yield Calculator

Enter a stock price and dividend amount to instantly calculate the yield percentage.

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Dividend Yield
Annual Dividend
Monthly Income / Share
Annual Income on $10K
Annual Income on $100K

Is this dividend sustainable? Check payout ratios and free cash flow trends.

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What Is a Good Dividend Yield?

Not all yields are created equal. Here's how to interpret the number you just calculated.

Yield Range Rating What It Means
0% – 2% Low Yield Common for growth stocks that reinvest profits. Think Apple or Microsoft.
2% – 4% Moderate The sweet spot. Strong companies with sustainable, growing dividends.
4% – 6% High Yield Attractive income, but check the payout ratio. Utilities and REITs often land here.
6% – 8% Very High Proceed with caution. High yields can signal declining stock prices or unsustainable payouts.
8%+ Yield Trap? Often too good to be true. The dividend may be cut soon. Always check free cash flow.
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How to Calculate Dividend Yield

Dividend yield measures how much cash income you receive for every dollar invested in a stock. It's one of the most fundamental metrics for income-focused investors.

Yield = (Annual Dividend ÷ Stock Price) × 100

For example, if a stock trades at $150 and pays an annual dividend of $6 per share, the dividend yield is 4%. That means for every $1,000 you invest, you'd receive roughly $40 per year in dividend income.

Dividend Yield vs. Dividend Growth

A high yield today isn't always better than a lower yield that grows. A stock yielding 2% but increasing its dividend by 10% annually will out-earn a flat 5% yielder within a few years. The best dividend investments combine a reasonable starting yield with consistent growth — these are the companies that build real wealth over time through compounding.

Why Yield Alone Isn't Enough

Yield is a starting point, not the full picture. A stock's yield can spike simply because the share price crashed — that's a yield trap, not an opportunity. Always check the payout ratio (what percentage of earnings goes to dividends) and free cash flow (whether the company generates enough actual cash to cover the payout). A sustainable dividend backed by strong cash flow is worth far more than an unsustainably high yield.

How to Verify a Dividend Is Sustainable

Pull the company's financial statements and look at three things: the payout ratio should be below 60% for most companies (below 80% for REITs), free cash flow should comfortably cover the dividend payment, and the company should have a multi-year history of maintaining or increasing the payout. You can export 10 years of this data into Excel with tikr2xl.ai and see the trend instantly.

Go Beyond Yield

Export 10 years of income statements, balance sheets, and cash flow data for any US public company — and see if the dividend is really sustainable.

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