DRIP Calculator

Reinvesting dividends buys more shares, which then pay their own dividends — compounding that can significantly outpace taking the cash. Real returns vary year to year, and dividends and growth are not guaranteed. The projection ignores taxes and fees, which reduce real-world results, so treat it as an estimate.

Each year the value grows by the share-price growth, the dividend (value × yield) is reinvested, and any contribution is added. Compounded over the years, this gives the final value.

This projection assumes a steady yield and price growth every year, which real markets do not deliver, and it excludes taxes and fees that reduce actual results. Dividends can be cut and prices can fall, so the outcome is not guaranteed. Treat the final value as an educational illustration, not a forecast or investment advice.

$10,000 at a 3% yield and 5% annual price growth, reinvested for 10 years, grows to about $21,891 — roughly double, before tax.

1. Enter your initial investment.
2. Enter the dividend yield and expected price growth.
3. Set the number of years and any annual contribution.
4. Read the projected value with dividends reinvested.

• Assuming a fixed yield and growth every year — markets vary.
• Ignoring taxes on dividends, which can reduce compounding.
• Confusing dividend yield with total return.

The DRIP Calculator projects how an investment grows when dividends are reinvested, accounting for share-price growth and optional yearly contributions. It also compares reinvesting dividends with taking them as cash.

Dividend investors, retirement savers and anyone comparing reinvestment strategies.

• Projects compounded growth with dividends reinvested.
• Includes price growth and yearly contributions.
• Compares reinvesting versus taking dividends as cash.
• Private — your figures stay in your browser.

• Estimating a dividend portfolio's long-term value.
• Seeing the power of reinvesting versus spending dividends.
• Planning regular contributions to a DRIP.