OnlyDividends Logo
OnlyDividends
OnlyDividends Logo
OnlyDividends
OnlyDividends dividend calendar illustration

How to calculate after-tax dividend income

How to Calculate After-Tax Dividend Income

To calculate after-tax dividend income, take your gross dividend and multiply it by (1 minus your tax rate). For example, a $1,000 gross dividend at a 15% tax rate gives $1,000 x (1 - 0.15) = $850 net. Do this for every holding and add the results for your total net income. OnlyDividends does the math for you: set one withholding-tax rate and the app shows every dividend, your annual total, and your monthly average after tax, without linking a bank or brokerage account.

Download on the App Store
Try the free dividend calculator

Free for your first 3 stocks. No account, no bank linking.

Available Stock Exchanges

ASX LogoBCBA LogoBET LogoBME LogoBMV LogoCSE LogoEuronext LogoHKEX LogoJPX LogoKRX LogoLSE LogoMIL LogoNASDAQ LogoNYSE LogoPRA LogoSGX LogoSIX LogoTadawul LogoTSX Logo
ASX LogoBCBA LogoBET LogoBME LogoBMV LogoCSE LogoEuronext LogoHKEX LogoJPX LogoKRX LogoLSE LogoMIL LogoNASDAQ LogoNYSE LogoPRA LogoSGX LogoSIX LogoTadawul LogoTSX Logo
01

Why the after-tax number is the one that matters

Headline dividend figures are gross. What actually reaches your account is lower, because dividends are taxed, and for foreign holdings a withholding tax is often deducted at the source before you ever see the cash.

Working that out by hand means applying a rate to every payment, tracking different rates for different holdings, and redoing it whenever you buy more shares or a payout changes. Most people skip it and plan around gross numbers that overstate their income.

The question worth answering is simple: after tax, how much dividend income do I actually keep?

02

Set one tax rate, see every figure net

OnlyDividends turns the after-tax calculation into a single setting. You enter your withholding-tax rate once, and the app applies it across every dividend, your annual income total, and your monthly average.

Instead of maintaining tax columns in a spreadsheet, you get net figures everywhere, including in pay-day notifications, so you always plan around real take-home income.

  • A single withholding-tax setting applied across the whole portfolio
  • Every dividend shown net, not just the gross headline
  • Net annual income total and net monthly average
  • Net amounts carried into pay-day notifications
  • Works across 70+ exchanges and six currencies
  • No bank login and no brokerage credentials, ever
03

How OnlyDividends handles the after-tax math

  • 01

    One rate, applied everywhere

    Set your withholding-tax rate once and it adjusts every figure in the app, replacing per-payment tax math.

  • 02

    Net annual and monthly figures

    Your yearly total and monthly average are both shown after tax, so the income you plan around is the income you keep.

  • 03

    Net pay-day notifications

    Each pay-day reminder shows the net amount landing, not the gross, so reality always matches your plan.

  • 04

    Foreign withholding, handled

    Apply your effective rate to international holdings so foreign-paying dividends read net alongside domestic ones.

  • 05

    Ticker + shares setup

    Add a holding with two fields and it inherits your tax setting instantly. No formulas, no recalculation by hand.

  • 06

    No bank or brokerage linking

    The math runs on public market data and your share counts, never on a connection to your accounts.

How OnlyDividends handles the after-tax math
04

After-tax dividend income, gross vs net

OnlyDividendsSpreadsheetBrokerage app
Net per-dividend figuresAutomaticManualRarely
Net annual totalYesManualRarely
Net monthly averageYesManualNo
One tax setting (no per-row math)YesNoN/A
Net pay-day notificationsYesNoNo
Bank / brokerage login requiredNoNoYes
Best forNet income planningPower usersBuying & selling
05

Who this is for

  • Dividend investors who want their real take-home income, not gross
  • Investors with foreign holdings subject to withholding tax
  • Income and FIRE planners budgeting around net cash flow
  • Spreadsheet users tired of maintaining tax columns by hand
  • Privacy-focused investors who refuse to link a bank or brokerage

How to Calculate After-Tax Dividend Income

Free for your first 3 stocks. No account, no bank linking.

Download on the App Store

Frequently asked questions

Multiply your gross dividend by (1 minus your tax rate). A $1,000 dividend at a 15% rate is $1,000 x 0.85 = $850 net. Repeat for each holding and add the results for your total net income. OnlyDividends performs this calculation automatically once you set a single withholding-tax rate.

Net dividend income = gross dividend x (1 - tax rate). For a portfolio, calculate the net amount for each holding and sum them. Dividing the annual net total by twelve gives your average net monthly income.

Withholding tax is an amount deducted from a dividend at the source before it reaches you, common on foreign holdings. The rate depends on the country and any tax treaty. In OnlyDividends you enter an effective rate so your figures reflect what actually lands.

No. OnlyDividends uses a single withholding-tax setting applied across your whole portfolio, which keeps things simple. You set one effective rate that best reflects your situation, and every figure updates to net.

It is a planning estimate, not a tax filing. Real tax depends on your jurisdiction, account type, treaties, and personal circumstances. The app gives you a realistic net view to plan around, not official tax advice.

Yes. OnlyDividends never connects to a bank or brokerage. You add holdings with a ticker and share count, set your tax rate, and the app calculates net income from public dividend data.

Yes. The free plan shows net figures for up to 3 stocks. Premium raises the limit to 50 stocks for about $6.99 per month or $49.99 per year. You can also try the free dividend calculator first.