Dividend Yield Calculator (VND)
Dividend yield tells you how much cash income a stock pays each year for every dong you invest at today's price. The formula is simple: divide the annual cash dividend per share by the current market price per share. In the illustrative example used throughout this page, a stock paying 3.000 VND per share per year at a market price of 50.000 VND yields 3.000 ÷ 50.000 = 6.00%.
If you are investing in Vietnamese equities (on HOSE or HNX), one local convention trips up newcomers: dividends can be paid in cash or in stock, and companies usually announce them as a percentage of the 10.000 VND par value — not of the market price. "A 30% cash dividend" therefore means 3.000 VND per share, equal to 30.00% of par. This calculator handles cash dividend yield only: a stock dividend increases your share count but puts no cash in your brokerage account, so it does not enter the cash-yield figures here.
Just as useful is yield on cost — the dividend measured against the price you actually paid, not today's price. If you bought the shares above some time ago at 40.000 VND, the same 3.000 VND dividend gives a yield on cost of 7.50%, higher than the 6.00% a new buyer gets at today's price. Every price and dividend on this page is an illustrative input, not a quote for any real listed company — enter your own numbers in the calculator above to get figures that match your portfolio.
How the calculator works
The three outputs
1. Dividend yield (%) = Annual cash dividend per share / Current price
| Symbol | Meaning |
|---|---|
| Dividend per share | Total cash dividend paid per share over one year (VND) |
| Current price | Today's market price of one share (VND) |
In the example: 3.000 ÷ 50.000 = 6.00%.
2. Annual dividend income = Shares held × Dividend per share
Holding 1.000 shares paying 3.000 VND each → 1.000 × 3.000 = 3.000.000 VND/year (before any personal income tax on dividends).
3. Yield on cost (%) = Dividend per share / Price you originally paid
Buying at 40.000 VND → 3.000 ÷ 40.000 = 7.50%. Yield on cost is fixed to your entry price; it shows the "real" return on the money you committed, whereas the market dividend yield moves every day as the share price moves.
Cash dividend vs stock dividend
- Cash dividend: paid into your brokerage cash balance — you can withdraw or reinvest it. This is the only thing that counts toward the dividend yield here.
- Stock dividend (bonus shares): you receive extra shares, your share count rises, but the reference price is adjusted down on the ex-date, so your total position value is theoretically unchanged at the moment of issue.
Price and yield move inversely
Because price sits in the denominator, a rising price lowers the yield and a falling price raises it, holding the dividend constant. An unusually high dividend yield is sometimes a warning — the price has fallen on fears about the business — rather than a bargain. Always read yield alongside the company's ability to keep paying (earnings, cash flow, payout ratio).
Model limitations
The calculator assumes the annual dividend is held constant and paid entirely in cash. It does not project a growing dividend stream over many years — for that, use FiMo's separate dividend projection tool. Figures are pre-tax: they exclude Vietnam's personal income tax on dividends and any fees.
Worked example: comparing two stocks by yield
Illustrative inputs (not real tickers): two stocks with different cash dividends and prices.
| Stock | Annual cash dividend | Current price | Dividend yield |
|---|---|---|---|
| Stock A | 3.000 VND | 50.000 VND | 6.00% |
| Stock B | 3.200 VND | 80.000 VND | 4.00% |
The counter-intuitive result: Stock B pays a higher dividend per share (3.200 VND vs 3.000 VND) yet yields less (4.00% vs 6.00%), simply because B costs more. When you ask "which stock pays more income per dong invested," compare the yield, not the absolute dividend amount.
Worked example: your portfolio's income and yield on cost
You hold 1.000 shares of Stock A, bought earlier at 40.000 VND, now trading at 50.000 VND:
| Metric | Value |
|---|---|
| Annual dividend income | 1.000 × 3.000 = 3.000.000 VND |
| Dividend yield (at current price) | 6.00% |
| Yield on cost (at 40.000 VND entry) | 7.50% |
Because you bought below the current price, your yield on cost of 7.50% beats the 6.00% a buyer gets today. That is why long-term income investors track yield on cost: the same 3.000.000 VND annual stream represents a stronger return on your capital. Note the announced 3.000 VND dividend equals 30.00% of the 10.000 VND par value — the way Vietnamese listed companies typically phrase it.
Frequently asked questions
What is dividend yield and how is it calculated?
Dividend yield = annual cash dividend per share ÷ current market price per share. Example: a 3.000 VND dividend at a 50.000 VND price gives 3.000 ÷ 50.000 = 6.00%. It tells you how much cash income you receive per year for each dong invested at today's price.
What is the difference between a cash dividend and a stock dividend?
A cash dividend is paid into your brokerage cash balance and is what dividend yield measures. A stock dividend gives you extra shares while the reference price is adjusted down on the ex-date, so no actual cash reaches your account. This calculator covers cash dividend yield only — stock dividends do not count toward the cash-income figures here.
What is yield on cost and how does it differ from dividend yield?
Yield on cost = dividend per share ÷ the price you paid, while dividend yield uses today's market price. Buying at 40.000 VND with a 3.000 VND dividend gives a yield on cost of 7.50%, above the 6.00% market yield at the current 50.000 VND price. Yield on cost is fixed to your entry and reflects the real return on capital you committed.
Why are Vietnamese dividends quoted as a percentage of par value?
Vietnamese listed companies announce dividends as a percentage of the 10.000 VND par value, not of the market price. "A 30% cash dividend" therefore equals 30% × 10.000 = 3.000 VND per share. Against a 50.000 VND market price, the actual dividend yield is only 6.00%. Do not confuse the announced percentage with the dividend yield.
How much annual dividend income do 1,000 shares generate?
Annual dividend income = shares × dividend per share. With 1.000 shares paying 3.000 VND each: 1.000 × 3.000 = 3.000.000 VND/year, before Vietnam's personal income tax on dividends and any fees. Enter your real share count in the calculator for an exact figure.
Is a high dividend yield always a good thing?
Not necessarily. Because price is in the denominator, a spiking yield can mean the price has dropped on concerns about the business, rather than a bargain. A very high dividend may also be unsustainable if earnings and cash flow do not support it. Read yield alongside the payout ratio, earnings and dividend durability instead of simply picking the highest-yielding ticker.
How is this different from FiMo's dividend projection tool?
This dividend yield calculator measures yield, income and yield on cost from a single constant annual dividend — a snapshot of today. FiMo's dividend projection tool does something different: it models a growing dividend stream over many years. Use the projection tool to estimate cumulative future dividends; use this one when you only need today's yield.