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Dividend Reinvestment Plan Calculator

Dividend reinvestment plan calculator works out Dividend for this payment and After tax from Number of shares, Dividend per share, per payment and Payment frequency. The default figures on this page give value of the holding at the end of 28,718.63; change any entry and the result, the working and the sources update together.

Value of the holding at the end
28,718.63
Dividend Calculator
Dividend for this payment
50.00
After tax
50.00
Annual dividend per share
2.0000 currency/share
Annual dividend income
200.00
Dividend yield
4.0000 %
Shares after reinvestment
216.474964
Dividends received in total
10,540.74
Annual income in the final year
1,094.04
Yield on the original cost
21.8809 %
Worked out from Dividend income: dividend = shares x dividend per share and 2 other sources.
A projection on the growth rates you entered, not a forecast. Dividends are assumed to be declared and paid on schedule and reinvested in full at the price implied by the price growth rate; brokerage commissions, plan discounts, share buy-back timing, currency conversion and any tax beyond the single rate supplied are not modelled.

Your figures

Updates as you type
Fractional shares are allowed.
The declared cash dividend for one payment, not the annual total.
Optional for income, required to reinvest. Enter the price from your broker - no price is looked up.
Applied to each dividend before it is paid out or reinvested.
Reinvestment mode only.
How much the declared dividend per share rises each year.
Reinvested dividends buy fewer shares as the price rises.

How this is worked out

8 steps
  1. Dividend for this payment = 100 shares x 0.5 = 50
  2. Annual dividend per share = 0.5 x 4 payments = 2
  3. Annual income = 100 x 2 = 200
  4. Yield = 100 x 2 / 50 = 4%
  5. Starting holding: 100 shares at 50 = 5000
  6. Each of the 80 payments buys (net dividend / share price on that date) further shares
  7. After 20 years: 216.47496381732412 shares at 132.6648852572211 = 28718.626235886393
  8. Dividends received over the whole period: 10540.744614660476
Year-by-year reinvestmenttable
yearsharesdividendssharePricevalue
1103.937049202.9652.55,456.7
2108.029102221.555.1255,955.1
3112.282262241.7357.88136,499.04
4116.70287263.8160.77537,092.65
5121.297519287.963.81417,740.49
6126.073063314.267.00488,447.5
7131.036621342.970.3559,219.08
8136.195598374.2273.872810,061.15
9141.557686408.477.566410,980.12
10147.130882445.781.444711,983.04
11152.923497486.4185.51713,077.55
12158.944171530.8489.792814,272.04
13165.201881579.3394.282515,575.64
14171.705961632.2498.996616,998.3
15178.46611689.99103.946418,550.91
16185.492409753.01109.143720,245.33
17192.795336821.79114.600922,094.52
18200.385784896.86120.33124,112.61
19208.275071978.77126.347526,315.04
20216.4749641,068.17132.664928,718.63

Its 5 worked examples are re-run on every release, last on 15 September 2026. What changed

Sources and references

3 sources
Dividend income: dividend = shares x dividend per share
Dividend yield: annual dividend per share divided by the share price
US SEC investor glossary: the yield is the annual dividend per share expressed as a percentage of the share price.
US SEC, Dividend reinvestment plans (DRIPs)
A DRIP uses each dividend to buy further shares, including fractional shares, at the price ruling on the payment date.

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What the dividend reinvestment plan calculator calculates

Computes dividend income from a share count and dividend per share, the annual income and yield on the price paid, and projects a dividend reinvestment plan payment by payment with dividend growth, price growth and tax.

How to use this dividend reinvestment plan calculator

Enter Number of shares, Dividend per share, per payment, Payment frequency and Share price. Dividend for this payment updates as you type. Change one figure at a time to see what drives the result.

How the result is worked out

Open “How this is worked out” beside the result for the step-by-step calculation behind Dividend for this payment, After tax and Annual dividend per share.

The method follows Dividend income: dividend = shares x dividend per share, Dividend yield: annual dividend per share divided by the share price and US SEC, Dividend reinvestment plans (DRIPs).

What you can compare

Change one input at a time to see how it affects Dividend for this payment, After tax and Annual dividend per share. The inputs you can vary are Number of shares, Dividend per share, per payment, Payment frequency, Share price, Tax withheld on dividends and Years to project.

Results are general information, not financial, tax, legal, medical or engineering advice. Check any decision that matters with a qualified professional.

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Copy this code into any page. The calculator appears with the figures currently entered, sizes itself to fit, and a small credit line links back here. Free, no account, no ads inside it, no tracking of your readers. Set your own figures and fixed fields; Personal removes the credit line, sets your colour and shows you which sites use it.

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Frequently asked questions

How to calculate dividend reinvestment plan?

Computes dividend income from a share count and dividend per share, the annual income and yield on the price paid, and projects a dividend reinvestment plan payment by payment with dividend growth, price growth and tax. Open “How this is worked out” beside the result to see each step for your own figures.

Is a dividend reinvestment plan a good idea?

Computes dividend income from a share count and dividend per share, the annual income and yield on the price paid, and projects a dividend reinvestment plan payment by payment with dividend growth, price growth and tax. On the figures this page opens with — number of shares 100 and dividend per share, per payment 1 currency/share — the value of the holding at the end is 28,718.63. Put your own figures in their place and the working updates beside the result.

How much do I need to make $1000 a month in dividends?

On the figures this page opens with — number of shares 100 and dividend per share, per payment 1 currency/share — the value of the holding at the end is 28,718.63. No single number fits everyone: change any figure above and the answer updates as you type, with each step of the arithmetic beside it.

What information do I need for the dividend reinvestment plan calculator?

You need Number of shares, Dividend per share, per payment, Payment frequency, Share price, Tax withheld on dividends, Years to project, Annual dividend growth and Annual share price growth. The page opens with default figures that give value of the holding at the end of 28,718.63, so you can see the scale before entering your own.

What does this dividend reinvestment plan calculator show?

It shows Dividend for this payment, After tax, Annual dividend per share, Annual dividend income, Dividend yield, Shares after reinvestment, Value of the holding at the end and Dividends received in total, with the working and any warnings for your entries.

Can I check how the dividend reinvestment plan calculator result was calculated?

Yes. The “How this is worked out” section shows the calculation steps, and the sources section identifies the references used for the method.

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