Calculate dividend yield, payout ratio, and annual income from your shareholdings. Compare against fixed deposit rates and inflation.
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Calculate Dividend Yield & Income
Dividend Yield
Annual Dividend Income
After-Tax Income
Payout Ratio
P/E Ratio
vs Fixed Deposit Rate
Real Yield (After Inflation)
5-Year Cumulative Income
Dividend Payback Period (yrs)
Frequently Asked Questions
What is a good dividend yield?
In Africa, dividend yields of 3-8% are common for blue-chip stocks. A yield above 8% may signal either a very generous company or a depressed stock price (which can indicate risk). Compare against your country's fixed deposit rate — if the dividend yield exceeds the FD rate, you're being compensated for the added equity risk.
What is the payout ratio?
The payout ratio is the percentage of earnings paid out as dividends. A ratio under 60% is generally sustainable — the company retains enough earnings for growth. A ratio over 80% may be unsustainable if earnings fall. Some mature utility and banking stocks pay out 70-90% of earnings.
Are dividends taxed in Africa?
Yes, most African countries withhold dividend tax: Nigeria: 10%, Kenya: 5% (resident shareholders), 10% (non-resident), South Africa: 20% Dividends Tax, Ghana: 8%, Egypt: 10%. These are automatically deducted before payment. Your net yield shown uses this rate.