A dividend calculator is a tool that helps investors estimate the future dividend payments of a particular stock or exchange-traded fund (ETF). Dividend calculators are available online and can be used to calculate the dividend yield, which is the annual dividend per share divided by the current market price of the stock or ETF. The dividend yield is expressed as a percentage.
Dividend calculators can be a useful tool for investors who are trying to decide whether to invest in a particular stock or ETF. Dividend yield is one of the key factors that investors consider when making investment decisions. A high dividend yield can be attractive to investors who are looking for income, but it is important to remember that dividend yields can change over time.