Dividend growth & DRIP calculator
Project how a dividend-paying investment grows over time — dividend income, share count, and portfolio value — with dividend reinvestment (DRIP) on or off.
Final portfolio value
$37,878.03
Final shares owned
167.5349
Final year's dividend income
$1,280.90
Total dividends received
$10,867.92
| Year | Shares | Share price | Dividend income | Portfolio value |
|---|---|---|---|---|
| 1 | 103.5 | $100.00 | $350.00 | $10,350.00 |
| 2 | 107.1225 | $106.00 | $383.99 | $11,354.99 |
| 3 | 110.8718 | $112.36 | $421.27 | $12,457.55 |
| 4 | 114.7523 | $119.10 | $462.18 | $13,667.18 |
| 5 | 118.7686 | $126.25 | $507.05 | $14,994.27 |
| 6 | 122.9255 | $133.82 | $556.29 | $16,450.21 |
| 7 | 127.2279 | $141.85 | $610.30 | $18,047.52 |
| 8 | 131.6809 | $150.36 | $669.56 | $19,799.94 |
| 9 | 136.2897 | $159.38 | $734.58 | $21,722.51 |
| 10 | 141.0599 | $168.95 | $805.91 | $23,831.77 |
| 11 | 145.997 | $179.08 | $884.16 | $26,145.83 |
| 12 | 151.1069 | $189.83 | $970.01 | $28,684.59 |
| 13 | 156.3956 | $201.22 | $1,064.20 | $31,469.87 |
| 14 | 161.8695 | $213.29 | $1,167.53 | $34,525.59 |
| 15 | 167.5349 | $226.09 | $1,280.90 | $37,878.03 |
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How this is calculated
Each year, dividend income is your share count times the current dividend per share. With DRIP on, that income buys more shares at the current price instead of being paid out as cash; any additional yearly investment always buys new shares, regardless of the DRIP setting. The dividend per share and the share price grow independently each year at their own rate — in real markets a company's dividend growth and its stock price don't always move together. This is a projection based on the growth rates you enter, not a guarantee: real dividends can be cut and real share prices can fall.
This is an educational estimate, not financial advice.