PREFERRED INCOME
Preferred income calculator.
Model STRC, SATA, or a combined portfolio. Start with an investment, your shares, or a monthly income goal.
Build your scenario
Prices and amounts are examples. Enter your own purchase assumptions.
100 shares$0.00 left over
Dividend assumptions Reported default$12.00 / share / year
Applied to the stated amount, not the purchase price.
STRC default: 12.00% on $100.00. Rate effective since 2026-07-16.
View rate disclosure ↗Uncheck whole shares to model fractional quantities. Broker availability varies.
STRC · YOUR SCENARIO
Estimated monthly income
$100.00Monthly equivalent · before taxes and fees
Make it shareable
1200 × 675Shared links include your amounts and assumptions. Use an example if you prefer to keep holdings private.
Assumes constant dividends, a full year held, and all modeled payments made in cash. Monthly amounts are averages, not a payment calendar. Dividends may change or go unpaid.
Same dividend. Different yield.
A $12 annual dividend produces a 12% yield at a $100 purchase price, or 12.63% at $95. Your purchase price changes the yield on cost.
Explore the examples →Calculation notes & limitations
Annual dividend per share = stated amount × annual rate ÷ 100. Annual income = shares × annual dividend per share. Combined yield on cost = total annual income ÷ total purchase cost × 100.
Investment mode buys the modeled shares and leaves any remainder as uninvested cash. Target mode solves each position’s income target separately, rounding up when whole shares are selected. It does not optimize the allocation between securities.
Income estimates exclude taxes, fees, reinvestment, price changes, accrued dividends, and partial-year payment eligibility. Yield on cost is not total return or yield to call.