Use our Monthly Dividend Calculator to estimate passive income from NSE stocks, SACCOs, and MMFs. It includes Withholding Tax (WHT) adjustments for accurate financial planning.
Monthly Dividend Calculator
Plan your path to financial independence
Why Use a Monthly Dividend Calculator?
Many investors make the mistake of only looking at the “Annual Yield.” However, the real magic happens through Monthly Compounding. By reinvesting your dividends and adding a small monthly contribution, a modest portfolio can grow into a significant wealth fund over 5 to 10 years.
Also see: Investment Calculator
Frequently Asked Questions
1. What is the tax on dividends in Kenya for 2026?
Currently, dividends from listed companies on the NSE and most SACCO interest are subject to a 5% Withholding Tax (WHT) for residents. Our calculator allows you to adjust this percentage to ensure your results are net of tax.
2. Can I use this for SACCO interest calculations?
Yes! While SACCOs usually pay out once a year, you can use the “Annual Yield” field (e.g., 11% or 12%) to estimate how your capital grows. If you reinvest those dividends, the compounding effect remains the same.
4. What is a “Good” dividend yield?
In the 2026 market, a dividend yield of 7% to 10% is considered very healthy for stocks. Many Kenyan Money Market Funds (MMFs) and SACCOs currently offer between 11% and 15%, making them excellent vehicles for dividend seekers.
5. How often should I reinvest my dividends?
For maximum growth, you should reinvest immediately. This calculator assumes monthly reinvestment, which is the most effective way to accelerate the “Snowball Effect” of your wealth.
Also see: Loan Repayment Calculator
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