DRIP calculator
See how reinvesting every dividend into more shares compounds over the years, compared with taking dividends as cash.
Your starting point
Change any number and the projection updates.
Starting yield 4.00%. Assumes every dividend is reinvested once a year at that year's price, with no tax or fees.
Income, year 20
$1,363
$114 a month with DRIP
Income, no DRIP
$531
Year 20, dividends taken as cash
Value, year 20
$23k
256.9 shares · +364%
Value without DRIP
$9,031
Plus $6,613 taken as cash
Reinvesting leaves you $832 more income a year by year 20, from 156.9 extra shares.
$1,000 a month isn't reached within 20 years with these numbers.
Value of your shares
Without DRIP, dividends taken as cash are not included.
Dividend income each year
What your shares pay in that year.
Year by year
| Year | Shares | Value | Income | Value, no DRIP | Income, no DRIP |
|---|---|---|---|---|---|
| 0 | 100.0 | $5,000 | $200 | $5,000 | $200 |
| 1 | 104.0 | $5,356 | $218 | $5,150 | $210 |
| 2 | 108.2 | $5,742 | $239 | $5,305 | $221 |
| 3 | 112.7 | $6,160 | $261 | $5,464 | $232 |
| 4 | 117.5 | $6,613 | $286 | $5,628 | $243 |
| 5 | 122.6 | $7,106 | $313 | $5,796 | $255 |
| 6 | 128.0 | $7,642 | $343 | $5,970 | $268 |
| 7 | 133.7 | $8,224 | $376 | $6,149 | $281 |
| 8 | 139.9 | $8,858 | $413 | $6,334 | $295 |
| 9 | 146.4 | $9,550 | $454 | $6,524 | $310 |
| 10 | 153.4 | $10,304 | $500 | $6,720 | $326 |
| 11 | 160.8 | $11,128 | $550 | $6,921 | $342 |
| 12 | 168.7 | $12,028 | $606 | $7,129 | $359 |
| 13 | 177.2 | $13,013 | $668 | $7,343 | $377 |
| 14 | 186.3 | $14,092 | $738 | $7,563 | $396 |
| 15 | 196.1 | $15,275 | $815 | $7,790 | $416 |
| 16 | 206.6 | $16,573 | $902 | $8,024 | $437 |
| 17 | 217.8 | $17,999 | $998 | $8,264 | $458 |
| 18 | 229.9 | $19,567 | $1,106 | $8,512 | $481 |
| 19 | 242.9 | $21,294 | $1,227 | $8,768 | $505 |
| 20 | 256.9 | $23,197 | $1,363 | $9,031 | $531 |