Sources and calculation methods

About My Dividends and its calculations

My Dividends is an independent tool for self-directed investors who want to understand their Canadian and U.S. dividend income in CAD.

Updated:

Free to useNo subscription required
CAD & USDPortfolio displayed in CAD
Local storageHoldings stay in your browser

An independent project

The site is developed and maintained as an independent dividend-tracking project. It is not a brokerage, does not execute trades and does not connect to your investment accounts.

Examples explain how the tools work. They do not recommend an investment or imply a professional financial qualification.

How the calculator works

Annual gross income = number of shares × distribution per share per payment × payments per year. USD estimates are multiplied by the entered USD/CAD rate. The monthly average is annual income divided by twelve.

Required capital = target monthly income × 12 ÷ assumed annual dividend yield. A zero yield cannot produce a positive income target. Yield is an editable assumption, not a forecast of total return.

What portfolio estimates mean

The portfolio combines the annual income estimate supplied for each holding with the share count and exchange rate. Financial-data providers may annualize recent dividends differently from a trailing twelve-month total.

Future portfolio payments can include projections based on the available schedule. Demo positions are illustrative. The public calendar only shows future payments retrieved as declarations by the available sources.

Financial sources and freshness

The market service can use Financial Modeling Prep and Yahoo Finance. The declared-payment lookup uses Stock Analysis and DividendHistory.org, with issuer announcements where supported.

The public calendar shows a selected set of TSX tickers. Its content is generated on the server and may be cached for up to fifteen minutes, with a further refresh window. Its retrieval timestamp is not the issuer’s announcement time. A missing announcement does not mean there is no dividend.

Check important amounts, currencies and dates with the issuer. Exchange-rate source and freshness are shown in the tracker; your broker’s actual conversion can differ.

Privacy and useful-action measurement

Holdings and share quantities stay in your browser. Symbols are sent to the market service to retrieve data. Backups are transferred manually with Export and Import.

Usage events measure action names and interface language. Portfolio amounts and quantities are not included. Campaign labels can identify a referring publication. You can disable Google Analytics for this browsing session with ?analytics=off.

Limits

All results are gross estimates before taxes, withholding and conversion fees. Dividends, prices and exchange rates can change. Income is not guaranteed, and the tools do not assess investment suitability or calculate personal tax.

See your estimated dividend income

Start with three examples, then add your own Canadian and U.S. positions.

Open the tracker