💵Dividend Calculator

About this tool

Enter the number of shares you own, the share price, the annual dividend per share, the years to project, and the yearly growth you expect in the dividend and in the share price. You get the dividend yield, today's annual and monthly income, the income and value at the end of the period, the yield on your original cost and a year-by-year table. Untick reinvestment to see the same holding with dividends taken as cash.

How dividend income grows

Dividend yield is the annual dividend per share divided by the share price: 1.80 a year on a 50 share is a 3.6% yield, so 200 shares pay 360 a year, about 30 a month. Two forces grow that income. Companies with a record of raising dividends lift the payout each year, and reinvesting the dividends buys more shares, which pay dividends of their own. With 5% dividend growth, 4% price growth and every dividend reinvested, those 200 shares become about 421 shares paying roughly 1,840 in year 20, and the holding is worth about 46,166. Without reinvestment the year-20 income is about 910 and you hold 33,815 in shares and collected cash. Yield on cost compares the later income with what you first paid, which is why long-term dividend investors quote it. Honest limits: dividends are never guaranteed and can be cut, an unusually high yield often means the market expects a cut, and withholding and income taxes are not deducted. General information, not investment advice. The stock average calculator tracks several purchases, the CAGR calculator measures growth and the FIRE calculator turns income into a retirement target. Compound interest, explained with real numbers covers the maths of reinvesting.

Frequently asked questions