Dividend Yield Calculator
Dividend yield is the annual dividend divided by the share price. Enter both, or pick a ticker to load live numbers, and you get the yield, the income on any amount you invest and the price that would give you a target yield. Example: KO pays $2.12 a year and trades at $96.03, so it yields 2.21% (as of Nov 10, 2026).
KO The Coca-Cola Company
$96.03 · $2.12/yr dividend · 2.21% yield · quarterly
Dividend yield (forward)
2.21%
$2.12 a year ÷ $96.03
Trailing 12-month yield
2.19%
$2.10 paid over the last 4 payments
Annual income on $10,000
$220.76
$55.19 per payment
Monthly income (average)
$18.40
Before tax
What a yield of 2.21% means
Typical yieldWhere most established dividend payers and broad dividend ETFs sit. The median U.S. dividend stock worth $500 million or more yields 2.50% (grey line), so this yield is 12% below the median. What is a good yield?
Reverse it: the price for a yield of 4%
With a $2.12 annual dividend, KO yields 4% at $53.00, which is 44.8% below today's $96.03. Price for yield = annual dividend ÷ target yield.
Yield if the price moves
| Price change | Share price | Yield | Income on $10,000 |
|---|---|---|---|
| -30% | $67.22 | 3.15% | $315 |
| -20% | $76.82 | 2.76% | $276 |
| -10% | $86.43 | 2.45% | $245 |
| Today | $96.03 | 2.21% | $221 |
| +10% | $105.63 | 2.01% | $201 |
| +20% | $115.24 | 1.84% | $184 |
| +30% | $124.84 | 1.70% | $170 |
Same dividend at every price. A falling price raises the yield on new money, not on shares you already own.
Worked example: The Coca-Cola Company (KO) dividend yield
As of Nov 10, 2026, KO trades at $96.03 and pays $0.53 per share quarterly, a current annual rate of $2.12. Its forward dividend yield is $2.12 ÷ $96.03 = 2.21%. Over the last 12 months it paid $2.10 in regular dividends, a trailing yield of 2.19%.
$10,000 in KO at that yield pays about $221 a year, or $18.40 a month, before tax. For a 4% yield on the same dividend, the price would have to fall to $53.00, which is 45% below today. The median U.S. dividend stock worth $500 million or more yields 2.50%, so KO is below the middle of the market.
Dividend yield formula
Dividend yield = annual dividend per share ÷ share price × 100
Annual dividend = dividend per payment × payments per year
Price for a target yield = annual dividend ÷ target yield
Annual income = amount invested × dividend yield
Use the current annual rate for a forward yield (what most quote pages show) or the last 12 months of payments for a trailing yield. They differ when the company has just raised or cut. Leave out one-time special dividends, which won't repeat.
KO dividend yield at different prices
The dividend stays at $2.12 a year; only the price changes. This is why yields rise in a sell-off.
| Price change | Share price | Dividend yield | Income on $10,000 |
|---|---|---|---|
| -30% | $67.22 | 3.15% | $315 |
| -20% | $76.82 | 2.76% | $276 |
| -10% | $86.43 | 2.45% | $245 |
| Today (Nov 10, 2026) | $96.03 | 2.21% | $221 |
| +10% | $105.63 | 2.01% | $201 |
| +20% | $115.24 | 1.84% | $184 |
| +30% | $124.84 | 1.70% | $170 |
Dividend yields of well-known payers today
Live yields as of Nov 10, 2026. Trailing yield counts regular dividends with ex-dates in the last 12 months.
| Ticker | Price | Annual dividend | Forward yield | Trailing yield | Income on $10,000 |
|---|---|---|---|---|---|
| KO | $96.03 | $2.12 | 2.21% | 2.19% | $221 |
| PEP | $141.88 | $5.92 | 4.17% | 4.09% | $417 |
| JNJ | $282.11 | $5.36 | 1.90% | 1.87% | $190 |
| VZ | $46.06 | $2.83 | 6.14% | 6.11% | $614 |
| O | $59.50 | $3.26 | 5.48% | 5.46% | $548 |
| SCHD | $35.65 | $1.0550 | 2.96% | 2.96% | $296 |
When a high yield is a warning
A yield climbs when the price falls, and prices often fall because investors expect trouble. If a stock yields twice what its peers do, ask why. Check whether earnings or free cash flow cover the dividend (a payout ratio under about 75% for most companies), whether debt is rising, and whether the company has cut before. Every ticker page shows an A to F dividend safety grade built from those checks, and the safe high-yield list keeps only the higher yields that pass them.
Next steps
- Bought years ago? Your yield on cost uses the price you paid, not today's.
- See income per payment, per month and after tax in the dividend calculator.
- Is the yield backed by value? Test the price with the dividend discount model calculator.
- Browse the highest dividend yield stocks, with safety grades.
Dividend yield facts
Data as of · Source: SmarterDividends data
- As of Nov 10, 2026, the median forward dividend yield among U.S.-listed dividend-paying stocks with a market value of at least $500 million is 2.50%.
- As of Nov 10, 2026, SmarterDividends tracks 3,069 U.S.-listed stocks, ETFs and funds that pay a dividend.
- In the 30 days to Nov 10, 2026, 150 U.S.-listed companies raised their regular dividend and 3 cut it, by ex-dividend date. That is 50.0 increases for every cut.
Cite this page
SmarterDividends, "Dividend Yield Calculator," updated Nov 10, 2026, https://smarterdividends.com/calculators/dividend-yield-calculator
Frequently asked questions
How do you calculate dividend yield?
Divide the annual dividend per share by the share price, then multiply by 100. A stock at $50 that pays $2 a year yields $2 ÷ $50 = 4%. If you only know one payment, multiply it by the number of payments a year first: $0.50 a quarter is $2.00 a year.
What is the difference between forward and trailing dividend yield?
Forward yield uses the current dividend rate projected over the next 12 months. Trailing yield uses what the company actually paid over the last 12 months. After a raise, forward yield is higher than trailing; after a cut, it is lower. Example: a stock paying $0.51 for three quarters and then $0.53 has paid $2.06 trailing but is at a $2.12 forward rate.
What is a good dividend yield?
For U.S. stocks, 2% to 4% is typical for established payers and 4% to 6% is high. As of Nov 10, 2026, the median forward yield of U.S.-listed dividend stocks worth at least $500 million is 2.50%. Yields above 7% to 8% often mean the market expects a cut, so check the payout before buying for the income.
Why does dividend yield go up when the stock price falls?
The dividend stays the same while the price changes, so yield moves the other way. A $2 dividend is a 4% yield at $50, 5% at $40 and 3.33% at $60. A high yield after a price drop can be a bargain or a warning that the dividend is about to be cut.
How much income does a 4% yield pay?
Multiply the amount invested by the yield. $10,000 at 4% pays $400 a year, about $33 a month. $100,000 pays $4,000 a year, about $333 a month. $300,000 at 4% pays $12,000 a year, or $1,000 a month, before tax.
How do I find the price that gives a certain yield?
Divide the annual dividend by the yield you want. To buy a stock paying $2.12 a year at a 3% yield, you would need a price of $2.12 ÷ 0.03 = $70.67 or lower. The reverse section of the calculator does this for any target.
Is dividend yield the same as return?
No. Yield is only the income part of your return. Total return adds the change in share price. A stock yielding 3% whose price rises 5% returned about 8% that year; a 9% yielder whose price fell 15% lost money.
Is a monthly dividend yield calculated differently?
No. Add up the 12 monthly payments to get the annual dividend, then divide by the price. A REIT paying $0.27 a month pays $3.24 a year, which is a 5.4% yield at $60. Yield is always quoted as an annual figure, whatever the payment schedule.
For education and planning only, not investment, tax or legal advice. Projections assume constant growth rates; real dividends, prices and tax rules change.