Free calculator for Canadian investors

Dividend income calculator for Canadian portfolios

Estimate annual dividend income, a monthly average and portfolio yield for Canadian and U.S. holdings. My Dividends presents the combined result in Canadian dollars.

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

How dividend income is calculated

Estimated annual income equals the number of shares multiplied by the annual dividend per share. When a company pays quarterly, four expected payments are used to estimate a full year.

For example, 100 shares paying $0.50 each quarter produce an estimated $200 per year. The monthly average is about $16.67, even though the actual cash payments may arrive only four times during the year.

Combine CAD and USD dividends

Canadian and U.S. holdings can be viewed together. U.S.-dollar values are converted using the USD/CAD rate displayed in the tracker, including its source and last update time.

The amount deposited by a broker can differ because of currency conversion spreads, withholding taxes, account type and changes announced by the company.

What the calculator displays

  • estimated annual dividend income;
  • average monthly dividend income;
  • estimated gross portfolio yield;
  • current position value in Canadian dollars;
  • the next three estimated payments.

Frequently asked questions

Is the dividend calculator free?

Yes. It is available free of charge and does not require a subscription.

Can it calculate U.S. dividends in Canadian dollars?

Yes. U.S. holdings and income are converted using the USD/CAD rate displayed in the app.

Are monthly income figures actual monthly payments?

Not necessarily. The monthly figure is an annual estimate divided by twelve; payment schedules can be monthly, quarterly or irregular.

Are dividend estimates guaranteed?

No. A company may increase, reduce, postpone or suspend its dividend.

See your estimated dividend income

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

Open the tracker