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Dividend Calculator
Project your dividend income for any stock or ETF. DRIP reinvestment, recurring contributions, taxes and inflation, computed month by month from live market data.
Market data updated Jul 16, 2026
| Year | Shares | Div / Share | Dividends | Cumulative | Invested | Portfolio | YOC |
|---|
Hypothetical projection with constant growth rates. Dividends shown net of the tax setting. Not a prediction.
How the projection is computed
The simulation walks forward one month at a time, the same way your brokerage account would experience it:
- Dividends land on schedule: weekly, monthly, quarterly, semi-annual or annual, using each ticker’s real payment frequency.
- DRIP buys shares with every net payout when reinvestment is on, including fractional shares.
- Contributions buy shares at the current modeled price, with an optional yearly step-up.
- Growth compounds: the dividend per share rises once a year at your growth rate, the price appreciates monthly.
The chart compares the same plan with and without reinvestment, so the DRIP advantage is always visible in dollars.
The formulas underneath
Everything else, from the DRIP snowball to the inflation adjustment, is these four operations repeated a few hundred times.
Frequently asked questions
How does this dividend calculator work?
Enter an initial investment, pick a stock or ETF, and the calculator projects your portfolio month by month: every dividend payment is reinvested (if DRIP is on), recurring contributions buy more shares, and both the dividend and the share price grow at the annual rates you set. Prices and dividend amounts are pre-filled from live market data.
What is DRIP (dividend reinvestment)?
A Dividend Reinvestment Plan automatically uses each dividend payment to buy more shares. Those new shares generate their own dividends, which buy more shares again. This compounding is what investors call the dividend snowball, and it is the single biggest driver of long-term income growth.
Which dividend growth rate should I use?
A good starting point is the historical compound annual growth rate of the dividend. When you pick a ticker, the calculator pre-fills the growth field with its real 5-year dividend CAGR from our database. Conservative investors often model 1 to 2 points below the historical rate.
Does the calculator include taxes?
Yes. Enable the tax toggle and set a flat rate on each payout. Most US investors pay 0%, 15% or 20% on qualified dividends depending on taxable income. Dividends held in a Roth IRA are generally tax-free, so leave the toggle off for tax-advantaged accounts.
How accurate are the projections?
The math is exact, but the future is not: real dividends get raised and cut, and prices do not grow in straight lines. Treat results as a scenario model, not a forecast. Data on this site refreshes daily from market feeds.
How much do I need to make $1,000 a month in dividends?
Divide your annual goal by the yield: $12,000 a year at a 4% yield needs about $300,000 invested. At a 3.2% yield like SCHD, roughly $375,000. The calculator shows how DRIP and monthly contributions shorten the path considerably.