Aha moment
Income per payment period
$312.50 per quarter
A $25,000 investment at 5.0% yield pays you $312.50 every quarter — $1,250.00/year — without selling a single share.
Annual income
$1,250.00
Monthly equivalent
$104.17
Income/yr$1,250
Per payment$312.50
Income estimate
Dividend Calculator
Estimate passive dividend income from an investment amount, yield, and payment schedule.
Use this calculator if you want to know what a dividend stock actually pays after Canadian tax and withholding.
Your inputs
Edit the values below to model your own situation.
What you'll need
- Number of shares you own
- Annual dividend per share
- Current share price (for yield calculation)
- Account type (TFSA, RRSP, or non-registered)
Optional ticker assist
Quarterly
Result explainer
What this dividend estimate means
What this means
Based on the values entered, this investment is modeled to produce $312.50 per quarter, or $1,250.00 per year.
Why this result happened
- $25,000 is modeled at a 5.0% dividend yield.
- The payment cadence is set to quarterly, which shapes the per-payment amount.
What could change this
- Dividend payments can be reduced, paused, or paid on a different schedule.
- Price and yield can move in opposite directions, so a higher yield is not automatically stronger income.
- Tax treatment, withholding tax, and account type are not included in this basic income estimate.
Next number to check
Check the DRIP thresholdUse the DRIP Engine Simulator to see whether the modeled payment can buy additional shares.
This is an informational estimate based on the values entered and optional ticker helper data.
This calculator is for informational purposes only and does not constitute financial advice.
Prospyr is free. If this calculator helped, buy me a coffee ☕
Result meaning
What your result means
Use this as a plain-English read on the output before changing assumptions.
Number that matters most
Income per payment
$312.50 per quarter
A $25,000 investment at 5.0% yield pays you $312.50 every quarter — $1,250.00/year — without selling a single share.
Annual income
$1,250.00 per year at the current yield assumption.
Manual fallback
Ticker lookup is optional. The calculator works from manual inputs only.
Be careful about
- Dividend payments can be reduced or suspended.
- Ticker data is a helper input, not a recommendation.
Test next
- Use DRIP Engine Simulator to test reinvestment durability.
- Use Time to Freedom to convert this income into a target timeline.
Next step
What to run next
Use the next calculator to test the decision your result points toward.
Related Canadian Dividend Tools
Deepen your dividend income analysis with these complementary calculators:
Dividend Income Forecast
Project your dividend income across multiple scenarios: flat market, bear case, growth case.
Explore →DRIP Buffer Calculator
Simulate dividend reinvestment growth and detect when price creep threatens your DRIP.
Explore →Time to Freedom Calculator
Calculate how long until dividend income reaches your target. Real timeline to financial freedom.
Explore →Educational context
Understanding Dividend Income and Yield
Dividend income is a core building block of income investing. Yield, yield on cost, and payout ratio help you judge both income and quality.
How is dividend income calculated?
Annual dividend income is usually shares owned multiplied by annual dividend per share.
What is yield on cost and why does it matter?
Yield on cost measures dividend yield relative to what you originally paid, not the current market price.
What is a good dividend yield for Canadian stocks?
The answer depends on the company, sector, and sustainability of the payout, not just the yield number itself.
What is the dividend payout ratio?
The payout ratio measures how much of a company's earnings are being paid out as dividends.
Are foreign dividends taxed differently in Canada?
Yes. Foreign dividends can face different tax treatment and may be subject to withholding tax depending on account type and jurisdiction.
Free Weekly Digest
The Prospyr Dividend Brief
Get a free weekly Canadian dividend income tip — no spam, unsubscribe any time.
Related tools
Keep the planning flow moving
If this calculator answered one part of the question, these tools help you test the next decision without leaving the same planning context.
Suggested next tool
Tax Bracket Calculator
Federal and provincial combined tax brackets for every province.
Open calculator →
DRIP Engine Simulator
Simulate DRIP share growth, buffer levels, and price creep risk.
Open calculator →
Portfolio Conversion Tool
See what happens when you convert growth holdings to income.
Open calculator →
Freshness and methodology
Last reviewed
April 2026 with 2026 CRA planning inputs.
Methodology
Withholding tax calculations use the 15% Canada-US tax treaty rate. TFSA withholding is non-recoverable; RRSP withholding is recoverable via foreign tax credit.
Source
Updated for 2026 CRA limits · Last verified April 2026
All calculators →