Dividend Calculator
See what your dividend income could look like — and how much reinvesting changes it. Free, no sign-up, plain English.
Compounded annually from the rates you enter. Dividend yield is modelled as drifting with share price growth, so a rising price gradually lowers the quoted yield — as it does in reality.
What this is actually showing
Two things drive dividend income over time: how much you keep adding, and whether you reinvest the payments. Toggle the DRIP box off and watch the final-year income and portfolio value change — that gap is compounding doing its work.
Worth remembering: a very high yield is frequently a distressed business rather than a generous one, because yield rises automatically when a share price falls. Learn the mechanics in what a dividend is, how dividend yield works and what a DRIP is. You can also browse upcoming ex-dividend dates.
Frequently asked
How does a dividend calculator work?
You enter what you invest, the dividend yield you expect, how fast that dividend grows, and how long you hold. The tool compounds it year by year to estimate the income the position could pay and what it could be worth. It is a hypothetical model built from your numbers, not a forecast.
What is dividend yield?
Yield is the annual dividend divided by the share price, expressed as a percentage. A $100 stock paying $3 a year yields 3%. Because price is the denominator, yield rises when the price falls and falls when the price rises — a very high yield is often a warning sign rather than a bargain.
What does reinvesting dividends (DRIP) do?
A dividend reinvestment plan uses each payment to buy more shares, which then pay dividends of their own. Over long periods that compounding is responsible for a large share of total return. Turn the reinvest toggle off to see the difference between taking the cash and reinvesting it.
What is yield on cost?
Yield on cost compares the dividend you are receiving now against what you originally paid, rather than against today's price. If a dividend grows for years, yield on cost can end up well above the yield a new buyer would get today.
Are dividends guaranteed?
No. Dividends are declared at a company's discretion and can be cut or suspended at any time, which often happens exactly when a business is struggling. This calculator assumes the rates you type in continue, which real companies do not promise.
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