Monthly Dividend Income Calculator

How much capital do you need for your target monthly dividend income?

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Dividend Income

Enter your target monthly income or current investment.

Capital needed
$0
Current monthly income: $0
Capital needed for target
$0
Current monthly income
$0
Annual dividend income
$0
Additional capital needed
$0
Months to target (DCA $500/mo)
0
Yield on cost
0%

Worked example

With the default inputs shown below, this calculator returns the following results:

InputValue
Target monthly income ($)$1,000
Dividend yield (%)3%
Current investment ($)$100,000
ResultValue
Capital needed$400,000
Capital needed for target$400,000
Current monthly income$250/mo
Annual dividend income$3,000/yr
Additional capital needed$300,000
Months to target (DCA $500/mo)278 mo

Values shown are produced by this page in your browser; change any input to update them.

How to use the Dividend Income

  1. Target monthly income ($) — default $1,000
  2. Dividend yield (%) — default 3%
  3. Current investment ($) — default $100,000
  4. Press Calculate to update the results instantly.

Frequently asked questions

Divide your target income by the yield. For $1,000 a month at a 4% yield you need $300,000 invested, or $375,000 at 3.2%.
Monthly-dividend funds, some REITs, and bonds with monthly coupons. Others pay quarterly, which you can smooth by holding three staggered payers.
Not always. Chasing 8% yields often means dividend cuts. A 4% yield that grows 6% a year usually beats a static 7% within a decade.

Sources & references