Dividend reinvestment calculator

When you reinvest dividends (a DRIP), each payout buys more shares that pay their own dividends. See the effect over time.

Amount invested

Dividend yield (%)

Price growth (%/yr)

Years

Reinvested, after 20 yrs

$96,742

$1,000First-year dividend

$31,589Vs. not reinvesting

Educational estimate — not individualized financial advice. Assumes steady rates; excludes taxes and fees unless stated.

How it works

Reinvesting compounds dividends on top of price growth; spending them instead forgoes that compounding. This is a simplified model at a steady yield and growth rate, before tax.