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Dividend yield calculator

The year’s dividend as a percentage of the share price, with your income and your yield after tax.

Dividend yield calculator

Price quoted in

London share prices are often quoted in pence (GBX): 245.6p is £2.456. Enter the price and the dividend in the same unit.

The current price, or the price you would pay.

GBX

If the payments differ (interim and final), enter their total and choose ‘Once a year’.

GBX
Payments a year

Your shares (optional)

Optional: to see the dividends you would receive.

Optional: your average purchase price per share, including dealing costs, for the yield on cost.

GBX
After tax (optional)

Optional. In 2026 to 2027, 10.75% for basic rate taxpayers on dividends above the £500 allowance, 35.75% higher rate, 39.35% additional rate; 0 in an ISA.

%

Dividend yield

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Enter the share price and the dividend to see the yield.

Recent calculations

Nothing yet: copy, export or save a calculation to find it here.

How it works

The dividend yield is a share’s yearly dividend as a percentage of its price: a share at 245.6p that pays 21.48p a year yields 8.75% before tax. Enter the price and the dividend, in pence or pounds; add the number of shares you hold, the price you paid and your tax rate if you want to see your dividends, your yield on cost and your net yield. Every step of the sum is shown.

Enter the price and the dividend

Choose the unit the share is quoted in: London prices are often in pence (GBX), US shares in dollars. Enter the price and one dividend payment per share in that unit, then the number of payments a year. If the payments differ, for example an interim and a final dividend, add them up and choose ‘Once a year’.

Add your shares (optional)

Enter how many shares you hold to see what they are worth and the dividends they pay: per payment, for the year and on average a month. Amounts in pence are turned into pounds. Add the average price you paid per share, including dealing costs, to see your yield on cost.

See the yield after tax (optional)

Enter the rate your dividends are taxed at, for example 10.75% for a basic rate taxpayer in the 2026 to 2027 tax year, or 0 in an ISA. The calculator applies the rate to the whole dividend, so when part of it falls within the £500 dividend allowance, the dividend tax calculator gives the exact tax.

Rounding and using the result

Yields are rounded to two decimal places and amounts to the nearest penny, with halves rounded up. Each payment is rounded to the penny, and the dividends for the year are the sum of the payments. Copy the workings in one click, export them as a CSV file or save them to Priostack.

Yearly dividend per share = dividend per payment × payments a year.

Dividend yield (%) = yearly dividend per share ÷ share price × 100.

Yield on cost (%) = yearly dividend per share ÷ price paid per share × 100.

Net yield (%) = yearly dividend per share × (1 − tax rate) ÷ share price × 100.

Dividends for the year = number of shares × dividend per payment, rounded to the penny, × payments a year.

Example: 2,000 shares at 245.6p paying 21.48p a year

Dividend yield = 21.48p ÷ 245.6p × 100 = 8.75%. The 2,000 shares are worth 2,000 × 245.6p = £4,912.00 and pay 2,000 × 21.48p = £429.60 a year, £35.80 a month on average. Bought at 180p each, their yield on cost is 21.48 ÷ 180 × 100 = 11.93%. If your £500 dividend allowance is already used and these dividends fall in the basic rate band, tax at 10.75% is £46.18, leaving £383.42: a net yield of 7.81%.

Frequently asked questions

How do I calculate the dividend yield of a share?

Divide the dividends paid per share over a year by the share price and multiply by 100. A share at 245.6p paying 21.48p a year yields 21.48 ÷ 245.6 × 100 = 8.75%. For a company that pays every quarter, multiply one payment by four first.

Which dividend should I use: the last one paid or the next one?

The dividends paid over the last twelve months give the historic (trailing) yield; the dividend announced for the year ahead gives the prospective (forward) yield. Leave out one-off special dividends, which would overstate the yield. The yield also rises when the price falls, so a very high yield is worth checking before you rely on it.

What is yield on cost?

It compares the yearly dividend with the price you paid rather than today’s price. If you bought at 180p a share that now pays 21.48p a year, your yield on cost is 11.93%, while a new buyer at 245.6p gets 8.75%. It tells you what your own money earns, not whether the share is worth buying today.

Is the yield before or after tax?

Before tax. In the 2026 to 2027 tax year you get a £500 dividend allowance; above it, dividends are taxed at 10.75% in the basic rate band, 35.75% in the higher rate band and 39.35% in the additional rate band. Scotland uses the same dividend rates as the rest of the UK. Dividends from shares held in an ISA are not taxed. Enter your rate under ‘After tax’ to see a net yield.

My share is priced in pence: does that matter?

Not for the yield, as long as the price and the dividend are in the same unit: 21.48p ÷ 245.6p gives the same 8.75% as £0.2148 ÷ £2.456. It matters for your income, so choose ‘p’ and the calculator turns pence into pounds. A price in pounds with a dividend in pence makes the yield 100 times too high; the calculator warns you when the year’s dividend is as high as the price.

Sources

  1. GOV.UK: Tax on dividends (the £500 dividend allowance, rates from 6 April 2026 to 5 April 2027, no tax on dividends in an ISA) (30 September 2026)
  2. HM Treasury and HMRC: Change to tax rates for property, savings and dividend income, technical note (Budget 2025): 10.75% and 35.75% from 2026 to 2027, 39.35% unchanged (26 November 2025)
  3. GOV.UK: Income Tax in Scotland (the same tax as the rest of the UK on dividends) (30 September 2026)
  4. GOV.UK: Individual Savings Accounts (no tax on income from investments in an ISA) (30 September 2026)

This calculator gives general information, not legal, tax, financial or accounting advice. Past dividends do not guarantee future ones: check before you invest, or ask a regulated financial adviser.

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