Short answer: enter your shares, price, yield, and how fast you expect the dividend to grow, and this calculator projects your income year by year — with and without reinvesting. Example: 500 shares at $48 yielding 3.2% pays $768 in year 1; with 6% annual dividend growth and dividends reinvested, year 15 pays $2,914 and you collect $24,022 along the way.
| Income in year 1 | — |
| Total dividends collected over the period | — |
| Shares at the end | — |
| Position value at the end (at assumed price growth) | — |
See the full breakdown
Educational scenario only — not financial advice and not a prediction. Assumes the dividend per share grows smoothly at the rate you enter and is never cut, and that reinvestment happens at each year-end price. Real dividends are declared quarter by quarter and can be reduced or suspended; yields change as prices move. Taxes on dividends are not included.
How this calculator works
Year-1 dividend per share = price × yield. Each later year, the dividend per share grows by your dividend-growth rate. If reinvestment is on, each year’s income buys additional shares at that year-end’s (grown) price, so the share count — and every subsequent payment — compounds. Everything is shown year by year in the breakdown: dividend per share, shares held, income, and cumulative income.
Worked example
- 500 shares, $48, 3.2% yield, 6% dividend growth, 3% price growth, DRIP on, 15 years → year-1 income $768, year-15 income $2,914, cumulative $24,022, shares grow to 878.2.
- No growth, no reinvestment check: same holding at flat dividend for 10 years → $768 every year, $7,680 total — the baseline that shows what the growth assumption is doing.
- Small holder: 100 shares at $25, 4% yield, 5% growth, DRIP on, 10 years → year-10 income $239.
FAQs
Is a high yield always better? No — a very high yield often signals a falling price and a dividend at risk of being cut. Sustainable growth of the payment usually beats a fat but fragile yield. What does “yield on cost” mean? Your annual income divided by what you originally paid. With growth and reinvestment it climbs well above the starting yield — the breakdown table lets you watch it happen. Are dividends guaranteed? No. Unlike bond interest, dividends are declared by the board and can be cut. This tool models a scenario you choose; it cannot know any company’s future.
Sources: Investor.gov: dividend Figures last verified Report a wrong number