Dividend Income Calculator
Estimate total annual dividend income from your shareholding based on units held and dividend per share, with optional franking credits.
Your results
Calculation breakdown
- Cash dividend
- units held × dividend per share
- Franking credit
- franked portion × (tax rate ÷ (1 − tax rate))
- Gross income
- cash dividend + franking credit
Worked example
You hold 500 units paying $1.20 per share, fully franked. Your cash dividend is $600, and at a 30% company tax rate the attached franking credits add about $257, for a grossed-up income of roughly $857.
Assumptions
- Franking credit estimate assumes the standard 30% company tax rate unless changed.
- Does not include your personal income tax payable on this income.
- Assumes dividend per share and franking percentage stay constant across the year.
Sources
How this calculator works
Multiply your number of units held by the dividend per share to estimate annual dividend income, then add the estimated value of franking credits if the dividend is franked. Useful for projecting passive income from an Australian share portfolio.
Rates sourced from the Australian Taxation Office for the 2026–27 financial year. Last reviewed 01/07/2026.
Frequently asked questions
What does the franking percentage mean?
It is the proportion of the dividend that carries a franking credit for company tax already paid, commonly 0% to 100% for ASX shares.
Is this after tax?
No, this is your gross dividend income plus franking credit value; your personal tax payable depends on your marginal rate.
Can I model quarterly or half-yearly dividends?
Yes, enter the total expected dividend per share for the year regardless of how many instalments it is paid in.
Results are estimates only and are not financial, tax, legal or credit advice.
Rates and thresholds are configured for the 2026–27 Australian financial year and should be reviewed when government settings change.