Skip to content
Wealth.cat

Dividend calculator with withholding tax

Work out yearly and monthly dividend income after withholding tax, and what reinvesting the dividends adds over the years.

The rate depends on where the company is based and on your tax residence; check the tax form your broker uses.

Net dividends per year
280
Net per month (average)
23.33
Dividends per year before tax
400
Tax withheld per year
120
Value after 10 years
13,180.48
Net dividends received in total
3,180.48
YearNet dividendsValue at year end
128010,280
2287.8410,567.84
3295.910,863.74
4304.1811,167.92
5312.711,480.63
6321.4611,802.08
7330.4612,132.54
8339.7112,472.25
9349.2212,821.48
1035913,180.48

Assumes that prices and the dividend yield do not change. Companies can cut or stop dividends at any time.

How it works

Gross dividends for a year are the amount invested × the dividend yield. Withholding tax is then taken at the rate you enter, so the net dividend is gross × (1 − tax rate). With “reinvest” on, each year’s net dividends buy more of the same investment, so the next year’s dividends are paid on a larger amount.

Example: 10,000 with a 4% yield pays 400 a year before tax; with 30% withheld you receive 280, about 23 a month.

The withholding rate

Countries tax dividends paid to foreign investors at source. The rate depends on where the company is based, on your country of tax residence and on any tax treaty between them, and your broker applies it based on the tax form you filed with it. Check the rate on your broker’s statements or tax documents and enter it here. Tax you owe at home is not included.

Limits

The calculator assumes that share prices and the yield stay the same. In reality prices move every day and companies can cut or stop their dividends, so treat the result as arithmetic, not a forecast.

Updated October 18, 2026