Dividend Reinvestment Calculator (DRIP)

Dividend Reinvestment Calculator

Estimate how reinvesting dividends could affect share count, portfolio value and annual dividend income over time using your own assumptions.

Interactive tool

Dividend reinvestment calculator

Model how reinvesting dividends could change share count, portfolio value and dividend income under your assumptions.

Starting investment ($)Starting share price ($)Annual dividend per share ($)Annual dividend growth (%)Annual share-price growth (%)Years

Starting shares200

Ending shares291.3236

Ending portfolio value$22,596.93

Final-year dividend income$799.93

Year-by-year reinvestment scenario
Year	Shares after reinvestment	Share price	Dividend/share	Dividend received	Portfolio value
1	208	$50.00	$2.00	$400.00	$10,400.00
2	216.2408	$52.50	$2.08	$432.64	$11,352.64
3	224.7264	$55.13	$2.16	$467.77	$12,388.04
4	233.4611	$57.88	$2.25	$505.57	$13,513.02
5	242.4488	$60.78	$2.34	$546.23	$14,734.90
6	251.6937	$63.81	$2.43	$589.95	$16,061.60
7	261.1997	$67.00	$2.53	$636.95	$17,501.63
8	270.9707	$70.36	$2.63	$687.44	$19,064.15
9	281.0107	$73.87	$2.74	$741.68	$20,759.04
10	291.3236	$77.57	$2.85	$799.93	$22,596.93

The model assumes annual reinvestment at the displayed annual share price and ignores taxes, fees, intrayear price changes and changes outside the inputs. Dividends and prices are not guaranteed.

What this DRIP model assumes

The model reinvests each year's dividend at that year's displayed share price and then applies the user-entered dividend-growth and share-price-growth assumptions for the next year. It does not model taxes, brokerage fees, intrayear volatility or the exact timing of individual dividend payments.

Why reinvestment compounds

Reinvested dividends purchase additional shares. If the company continues paying a dividend, those additional shares can generate future dividends of their own. That can increase the compounding effect over long periods, but it also increases exposure to the same investment.

Read before projecting

See What Is Dividend Reinvestment?, Dividend Growth Rate Explained and Dividend Payout Ratio Explained. For a simple income estimate without compounding, use the Dividend Calculator.

Methodology and sources

Investor.gov describes dividend reinvestment plans as arrangements that use dividend payments to purchase additional shares. Actual plan rules, fees and tax treatment vary by company, broker, jurisdiction and account type.