A dividend reinvestment plan automatically uses each dividend to buy more shares, so future dividends are paid on a growing number of shares.

How are dividends modeled?

Each period, dividend = shares × current price × yield ÷ payments per year. The yield is held constant, so the dividend per share grows with the share price.

No. In taxable accounts, reinvested dividends are usually still taxable in the year they are paid.

What does “value without DRIP” mean?

The value of shares bought only with contributions, plus all dividends kept as cash (without interest).

Yes. Everything is calculated in your browser.

Dividend Reinvestment (DRIP) Calculator

Project portfolio growth with automatic dividend reinvestment (DRIP), share price growth and regular contributions, compared with taking dividends as cash.

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Initial investment ($)

Current share price ($)

Annual dividend yield (%)

Annual share price growth (%)

Additional investment per year ($)

Years

Dividend frequency

Ending value with DRIP

$133,664.20

Ending shares

833.543

Dividends reinvested

$37,570.02

Annual dividend income at end

$4,678.25

Total contributed

$34,000.00

Value without DRIP (incl. cash dividends)

$103,330.44

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About Dividend Reinvestment (DRIP) Calculator

See how reinvested dividends compound. Enter your starting investment, share price, dividend yield, price growth, yearly contributions and time horizon to see the ending value, share count and dividend income — with and without reinvestment.

How to use Dividend Reinvestment (DRIP) Calculator

Enter your initial investment, the share price and the dividend yield.
Set expected share price growth, yearly contributions and the number of years.
Pick the dividend frequency and compare results with and without reinvestment.

Key features

Dividends reinvested at the current share price
Monthly, quarterly or annual dividends
Regular yearly contributions
DRIP vs cash-dividend comparison
Private in-browser calculation

Frequently asked questions

What is a DRIP?: A dividend reinvestment plan automatically uses each dividend to buy more shares, so future dividends are paid on a growing number of shares.
How are dividends modeled?: Each period, dividend = shares × current price × yield ÷ payments per year. The yield is held constant, so the dividend per share grows with the share price.
Are taxes included?: No. In taxable accounts, reinvested dividends are usually still taxable in the year they are paid.
What does “value without DRIP” mean?: The value of shares bought only with contributions, plus all dividends kept as cash (without interest).
Is my data private?: Yes. Everything is calculated in your browser.

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