You need to distinguish income relative to current price, income relative to purchase cost, or a fixed-rate bond's scheduled cash-flow yield.
Stock Dividend and Bond Yield Calculator
Calculate stock dividend yield, yield on cost, bond coupon rate, current yield, and a simplified yield-to-maturity estimate.
Start here
Choose stock or bond mode.
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Your price, dividend, coupon, and maturity inputs are calculated locally in your browser and are not uploaded to a server.
Useful for
Calculate dividend yield from annual dividends and share price
Dividend yield4.00%Annual dividend ÷ current price
Yield on cost5.00%Annual dividend ÷ entered cost
Annual dividend$2.00Per share
Yield is not guaranteed return. The bond model excludes semiannual coupons, accrued interest, calls, defaults, fees, taxes, and reinvestment assumptions.
Quick answer
Calculate the yield measure that matches the asset
Use stock mode for dividend yield or yield on cost, and bond mode for coupon rate, current yield, or a simplified yield-to-maturity estimate.
These measures are not directly interchangeable and exclude changing dividends, default, calls, taxes, fees, foreign exchange, and many bond-market conventions.
Dividend Return: Estimate dividend income, dividend yield, price return, and total return from shares held, prices, and dividends per share.
About this tool
Calculate stock dividend yield, yield on cost, bond coupon rate, current yield, and a simplified yield-to-maturity estimate.
Your price, dividend, coupon, and maturity inputs are calculated locally in your browser and are not uploaded to a server.
Reminder
Yield is not guaranteed return or investment advice. The simplified bond YTM assumes annual coupons held to maturity and does not model accrued interest, calls, defaults, reinvestment rates, taxes, fees, or price changes before maturity.
How to use it
- Choose stock or bond mode.
- Enter annual cash flow and price inputs using the definitions shown in the form.
- Calculate the yield measures and read the differences and limitations before comparing investments.
Common use cases
- Calculate dividend yield from annual dividends and share price
- Compare current yield with yield on cost
- Estimate a bond's coupon rate and current yield
- Use a simplified annual-coupon YTM estimate for education
Stock Yield and Bond Yield Are Different Measures
Dividend yield divides annual dividends by a share price. A bond's current yield divides annual coupon cash flow by market price. Neither measure by itself captures every source of return or risk.
| Measure | Basic relationship | Important omission |
|---|---|---|
| Dividend yield | annual dividend per share ÷ share price | Dividend changes and price return |
| Yield on cost | annual dividend per share ÷ purchase cost | Current market valuation |
| Bond current yield | annual coupon ÷ market price | Gain or loss to face value at maturity |
| Yield to maturity | discount rate for scheduled cash flows | Default, call, tax, fee, and reinvestment uncertainty |
Simplified Bond YTM Example
For a bond quoted at 95 per 100 of face value with a 5% annual coupon and five years remaining, current yield is 5 ÷ 95 = 5.26%. The YTM estimate also considers receiving 100 at maturity, so it differs from current yield.
- Enter market price per 100 of face value, not a brokerage account's total position value.
- The calculator assumes one coupon payment per year and scheduled payment at maturity.
- Use a bond's official yield and disclosure documents when semiannual coupons, calls, accrued interest, or day-count conventions matter.
FAQ
What is dividend yield?
Annual dividend per share divided by the selected share price, expressed as a percentage. A trailing, indicated, or forward dividend can produce different results.
What is a bond's current yield?
Annual coupon cash flow divided by the bond's current market price. It does not include the gain or loss between price and face value at maturity.
How is yield to maturity different?
YTM is the discount rate that equates future coupon and principal payments with price, under assumptions such as holding to maturity and receiving scheduled payments.
Why is the calculated YTM only simplified?
The calculator uses annual coupon periods and a price per 100 of face value. Real bonds may pay semiannually, be callable, include accrued interest, or use market-specific day-count rules.