Dividend Yield Calculator
Estimate dividend income, reinvestment growth, and total returns on stocks. Figures are illustrative only.
Initial Investment
₦1,000,000Capital Gains
₦1,809,810Dividend Value (Reinvested)
₦1,465,894An illustration using the figures you entered, for education only — not financial, investment or tax advice. Real returns depend on prices, fees and tax at the time.
How Is This Calculated?
Annual Dividend = Shares × DPS × (1 − Tax Rate)Number of shares held (increases each year with DRIP)
Dividend per share, growing at the dividend growth rate annually
Withholding tax deducted from gross dividends (default 10% in Nigeria)
Net dividends are used to buy additional shares at the current share price
Share price appreciation over the investment duration
Questions
Frequently Asked Questions
Then what
Turn the numbers into a plan
Model the outcome here, then let Shares Saver buy NGX-listed shares with the monthly amount — registered in your name, from ₦10,000 a month.
Best way to start investing with a small amount
How to begin investing consistently without waiting for a lump sum.
ReadHow to buy shares in Nigeria
A step-by-step walkthrough for first-time investors.
ReadHow dividends work in Nigerian stocks
How dividend income fits into long-term wealth building.
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