Effective yield calculator
Enter a price and a stated rate; the result updates as you type. Pick an instrument to start from the latest close and the current rate.
Effective yield16.09%15.00% × $100.00 ÷ $93.25
| Price vs par | −6.75% |
| Annual dividend per share | $15.00 |
| Annual income on 100 shares | $1,500.00 |
| Cost | $9,325.00 |
Effective yield = stated rate × par ÷ price paid. What effective yield leaves out.