Dividend Calculator
Project your dividend income, your portfolio value with reinvestment (DRIP), and your rising yield on cost — with dividend growth and optional contributions. Instant, no sign-up, and the method is shown so you can trust every figure.
Price growth & contributions
Portfolio value: reinvesting vs taking the cash
Green = dividends reinvested (DRIP), grey = dividends taken as cash. The gap is the power of compounding.
DRIP vs cash — the long-run difference
Same stock, same years. Reinvesting turns dividends into more dividend-paying shares.
| Strategy | Portfolio value | Total dividends | Final income |
|---|
The method — with your numbers
Each year: collect dividends, (optionally) reinvest them into new shares, then grow the dividend and price.
Dividend per share grows at your dividend-growth rate; share price grows at the price-growth rate. Yield on cost = current dividend per share ÷ original price.
How to use this dividend calculator
- Investment & yield. Enter how much you invest and the current dividend yield of the stock or fund.
- Dividend growth. Set how fast the dividend rises each year — this is what makes yield on cost climb.
- Years, price growth & contributions. Open the panel to add share-price growth and yearly contributions for a full projection.
What your result actually means
Two forces compound here: reinvestment (each dividend buys shares that pay their own dividends) and dividend growth (the payout per share rises over time). Together they push your yield on cost — the yield on the money you originally invested — far above the headline yield, which is why long-term dividend-growth investors focus on it.
Frequently asked questions
Is DRIP always better?
For long-term growth of both capital and income, reinvesting compounds faster. If you need the dividends as spendable income now, taking the cash is the point — this tool shows both so you can weigh the trade-off.
What yield and growth should I use?
Broad dividend indexes often yield ~1.5–4%. Dividend-growth stocks may raise payouts ~5–10% a year, but past growth is not guaranteed. Use conservative figures to stress-test.
Does this include taxes?
No — it's a pre-tax projection. Dividends may be taxed depending on your account type and jurisdiction; tax-advantaged accounts let DRIP compound untaxed.
Method & sources
- Calculation: Year-by-year share-based simulation — dividends collected, optionally reinvested at the current price, with dividend and price growth applied annually. Cross-checked against an independent recomputation.
- Concepts (DRIP, yield on cost, dividend growth) follow standard dividend-investing definitions; figures are illustrative, not forecasts.
- Reviewed: · Assumptions reviewed quarterly.
Educational estimate, not investment advice. Dividends can be cut and returns can be negative.