This is Dividend Calculator. You can also use it through our mobile application.
How does a dividend work?
A dividend is paid per share of stock — if you own 30 shares in a company and that company pays $2 in annual cash dividends, you will receive $60 per year.
What income is a dividend?
Dividend income is defined by the IRS as any distribution of an entity’s property to its shareholders.
Are dividends free money?
In the short term, stock dividends are not free money because when a company pays a dividend, its stock price decreases by a like amount.