Dividend Income Calculator

Calculate total dividend income from your entire portfolio.

Portfolio Income Calculator

Your Holdings

SymbolSharesPriceYield
Total Annual Dividend Income$0
Monthly Income$0
Portfolio Value$0
Blended Yield0%

Income Breakdown by Holding

Symbol Value Yield Annual Income % of Total

Estimated Monthly Income

Most stocks pay quarterly. Monthly payers like O and MAIN provide consistent cash flow.

Phin Smith
CREATED BY Phin Smith UPDATED
Based on 3 sources
Reviewed by Expert
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Table of Contents

Building Dividend Income

Create a sustainable income stream by diversifying across different dividend-paying stocks and sectors.

  1. Diversify by sector - Don't put all holdings in one industry. Mix utilities, REITs, consumer staples, and financials.
  2. Balance yield and safety - Combine lower-yield blue chips with higher-yield stocks for optimal risk-adjusted income.
  3. Stagger payment dates - Choose stocks with different ex-dividend dates to smooth monthly income.
  4. Focus on dividend growth - Companies that consistently raise dividends help your income keep pace with inflation.

Portfolio Income Formula

Total Income = Σ (Shares × Price × Yield) for each holding

Blended yield is the weighted average:

Blended Yield = Total Annual Income ÷ Total Portfolio Value × 100

Frequently Asked Questions

How much do I need to live off dividends?

Divide your annual expenses by your expected yield. For $50,000/year income at 4% yield, you'd need $1.25M invested. At 5% yield, $1M. Consider a safety margin for dividend cuts and inflation.

What's a good blended portfolio yield?

3-5% is a reasonable target balancing income with safety. Below 3% may not generate enough income; above 6% often involves elevated risk from high-yield stocks.

Should I focus on high-yield stocks?

Not exclusively. Very high yields often signal risk. A balanced approach mixing 2-3% growers with 5-7% income stocks typically provides better long-term results than chasing the highest yields.

How do I get monthly dividend income?

Most stocks pay quarterly, but you can create monthly income by owning stocks with staggered payment schedules. Or invest in monthly payers like REITs (O, MAIN) or certain ETFs (JEPI, JEPQ).

Sources

  1. Investopedia - Dividend Income

    Overview of dividend income and portfolio construction strategies.

  2. Schwab - Building a Dividend Portfolio

    Guide to constructing a diversified dividend income portfolio.

  3. Motley Fool - Dividend Investing Guide

    Comprehensive resource for dividend stock selection and portfolio building.