# Dividend Calculator Singapore: Yield, Income and Reinvestment

Dividend yield and income from your Singapore stocks, REITs and foreign shares after withholding tax, with a projection for reinvested dividends.

Interactive tool: https://lookup.sg/tools/dividend-calculator

## 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.

## Sources
- [IRAS: Dividends (what is taxable, what is not)](https://www.iras.gov.sg/taxes/individual-income-tax/basics-of-individual-income-tax/what-is-taxable-what-is-not/dividends)
- [IRS: United States income tax treaties, A to Z](https://www.irs.gov/businesses/international-businesses/united-states-income-tax-treaties-a-to-z)
- [IRS: NRA withholding (30% on US-source dividends)](https://www.irs.gov/individuals/international-taxpayers/nra-withholding)

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Source: Lookup (https://lookup.sg) · Data as of October 2026 · Listings compiled from Singapore government open data (data.gov.sg), OneMap and Overture Maps places. Free listings never show contact details; contact details appear only on Lookup Verified listings.