Analyse › Dividend Yield Calculator
// NGX Dividend Tool · Free · No Login Required

Dividend Yield
Calculator

Is the dividend actually sustainable? Model current yield, yield on cost, and payout ratio for any NGX stock. Built specifically for the GTCO, Zenith, UBA investor who wants more than just the headline number.

Current Yield Yield on Cost Payout Ratio Dividend Growth 5-Year Projection
Inputs
Stock Ticker / Name e.g. GTCO, ZENITHBANK, UBA
Current Share Price (₦) Today's market price
Annual DPS — Dividend Per Share (₦) Total dividends paid last 12 months
EPS — Earnings Per Share (₦) From latest annual report
Your Entry Price (₦) What you paid or plan to pay
Expected Annual Dividend Growth Conservative estimate
8%

All calculations run in your browser · Nothing is sent or stored

Results
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Enter your inputs and
calculate to see results
GTCO
Dividend Analysis · Yield & Sustainability
₦0.00
Share Price
Current Yield
0.00%
₦0.00 DPS
Payout Ratio
0%
of earnings
Yield on Cost
0.00%
at ₦0.00 entry
🔒 Pro feature
Dividend Sustainability
—
Sustainability is based on the payout ratio — the proportion of earnings paid as dividends. A lower ratio means more headroom for dividend growth.
// Pro Feature

Yield: —. Unlock the 5-year projection.

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// 5-Year Yield on Cost Projection
Year Projected DPS Yield on Cost Cumulative Income
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// How This Calculator Works

Three numbers that tell you everything about a dividend stock.

Step 01 · Current Yield
Yield =
Annual DPS ÷ Share Price
The headline number. How much annual income you earn relative to today's price. For NGX banks, 5–10% is typical. Above 12% can signal risk — not reward.
Step 02 · Payout Ratio
Payout =
DPS ÷ EPS × 100
The sustainability check. Below 60% = room to grow. 60–80% = watch carefully. Above 80% = the dividend is eating into retained earnings — danger zone for NGX companies with growth ambitions.
Step 03 · Yield on Cost
YoC =
Current DPS ÷ Entry Price
The compounder's metric. The yield you earn on what you originally paid — not today's price. This is why buying Zenith at ₦15 years ago prints 30%+ yield on cost today even if the current yield looks modest.

Disclaimer: This calculator is for educational and research purposes only. ConvictionLog does not provide financial advice. Past dividend payments do not guarantee future distributions. Companies can and do cut dividends. Always verify DPS and EPS from official NGX filings or company annual reports before making investment decisions.

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