Dividend Calculator Singapore: Yield, Income and Reinvestment
Your holdings
Enter prices and dividends in S$. Use the dividend per share paid over the last 12 months, or the amount you expect.
S$10,000 invested · yield 5.00% · S$250.00 per payment, half-yearly
S$10,000 invested · yield 6.00% · S$300.00 per payment, half-yearly
S$5,000 invested · yield 3.00% (2.10% after tax) · S$26.25 per payment, quarterly
Portfolio value
S$25k
Yield
5.00%
4.82% after withholding
Per month
S$100
Average, after tax
Reinvest and grow
A projection, not a forecast. Growth rates are your assumptions.
Assumption
Assumption
- Portfolio value
Value after 10 years
S$40k
S$25k without reinvesting
Income the year after
S$1,929
S$1,205 without reinvesting
Dividends received
S$15k
Over 10 years
Singapore does not tax individuals on one-tier dividends from Singapore companies, on REIT distributions, or on foreign dividends received here (unless earned through a partnership or a trade). Tax withheld abroad is not refunded: US dividends lose 30%, as Singapore has no tax treaty with the US.
Dividend income a year
S$1,205
- Gross dividends
- S$1,250
- Tax withheld abroad
- −S$45
- Gross yield
- 5.00%
- After 10 years, reinvested
- S$1,929 a year
Yield = dividend per share ÷ price. 3 holdings, no live prices.
How this works
Dividend yield = dividends per share over a year ÷ share price. Yearly income from a holding = shares × dividend per share, less any tax withheld at source, and the income per payment is that amount ÷ the number of payouts a year. The portfolio yield is total income ÷ total value. You type in prices and dividends, so the result is only as current as your inputs; there are no live prices.
Singapore does not tax individuals on one-tier dividends from Singapore resident companies, on distributions from Singapore REITs, or on foreign dividends received in Singapore, unless the income comes through a partnership or from a trade (IRAS, checked October 2026). Tax withheld abroad is a real cost, though: the United States withholds 30% on dividends paid to Singapore residents because there is no US-Singapore income tax treaty.
The reinvestment projection assumes each year's dividends buy more shares at that year's price, with price growth and dividend growth as your own assumptions (0% by default, so the yield stays the same). It is a projection, not a forecast: dividends can be cut, and prices fall as well as rise.
FAQs
How do I calculate dividend yield?
Divide the dividends paid per share over the last 12 months by the share price. A share priced at S$10.00 that paid S$0.50 in dividends over the year yields 5%. A S$2.00 REIT unit paying S$0.12 yields 6%.
How much do I need to invest to earn S$1,000 a month in dividends?
Divide the yearly income you want by the yield. S$12,000 a year at a 5% yield needs S$240,000; at 6% it needs S$200,000. With no withholding tax on Singapore dividends, that is also the amount you keep.
Are dividends taxed in Singapore?
No, for individuals. One-tier dividends from Singapore companies and Singapore REIT distributions are not taxable, and foreign dividends received in Singapore are not taxed either, unless earned through a partnership or a trade. Foreign withholding tax still applies, such as 30% on US dividends.
How much does reinvesting dividends add?
At a steady 5% yield after tax with no price change, S$100,000 reinvested grows to about S$162,889 after 10 years and then pays about S$8,144 a year, against S$5,000 a year if you take the dividends as cash.