Dividend & Yield Calculator
How much will you receive in dividends and what is the yield on your shares? Enter the number of shares, the annual dividend per share and the prices, and the calculator shows the gross and net income (after the 28% withholding), the monthly average, the dividend yield and the yield on cost.
Enter the current price to get the yield, and the purchase price for the yield on cost. Leave at zero to skip them.
Your dividend income
The net figure deducts the 28% Portuguese withholding on dividends paid to residents (Art. 71/72 CIRS). You can opt for aggregation at the progressive rates instead; foreign dividends may carry a withholding at source with a tax credit.
Yield
Dividend yield measures the dividend against the current share price; yield on cost measures it against the price you paid. When the share has risen since you bought it, yield on cost is higher than the dividend yield.
Educational estimate, not financial or tax advice. The dividend per share is not guaranteed and can be cut; the net figure assumes the 28% withholding for residents.
Video: how to use the calculator
What this calculator does
It multiplies the number of shares by the annual dividend per share to get the gross income, computes the net amount after the 28% withholding and shows the monthly average. If you enter the current price, it works out the dividend yield (dividend divided by price); if you enter the purchase price, it works out the yield on cost.
Yield and yield on cost
Dividend yield measures the annual dividend against the current share price: the return a new investor would get today. Yield on cost measures the same dividend against the price you paid: if the share has risen since you bought it, your yield on cost is higher than the market dividend yield, because you are earning the dividend on a lower entry price.
The 28% withholding
Dividends paid to a Portuguese resident are subject to a 28% withholding at source (final flat rate, Art. 71 CIRS), normally the final tax. You can opt for aggregation and tax dividends at the progressive IRS rates, useful for low incomes. Dividends from foreign companies may be withheld in the source country, with a double-taxation credit; those cases are not computed here.
Worked example
With 100 shares paying €1.50 a year, at a current price of €30 and bought at €25, you receive €150 gross a year (€108 net after the 28%), or about €9 net a month. The dividend yield is 5% (1.50 ÷ 30) and the yield on cost is 6% (1.50 ÷ 25).
Frequently asked questions
What is dividend yield?
What is the difference between yield and yield on cost?
How much tax do I pay on dividends?
Are dividends guaranteed?
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Sources
- Código do IRS, Art. 71.º e 72.º (rendimentos de capitais, taxas) — Autoridade Tributária e Aduaneira
- Todos Contam: Portal de educação financeira — Banco de Portugal
Author: Thorben Rasmus Idel · Reviewed by: Nahar Geva · Last reviewed: 2026-06-11