Price growth and yield
Price and dividends change independently. The same dividend at a higher price produces a lower current yield. Price changes affect portfolio value separately from dividend income.
Investing
Dividend Calculator
Calculate dividend yield, annual income and portfolio growth with dividend reinvestment, recurring contributions and your own growth assumptions.
Initial annual income before new purchases
$200.00
Initial dividend yield
4%
Initial monthly average
$16.67
Initial payout before withholding
$50.00
Total net dividends
$5,208.00
Total withheld
$0.00
Ending portfolio value
$22,208.00
Cash dividends received
$0.00
Total value including cash payouts
$22,208.00
Initial value plus contributions
$17,000.00
Gain after withholding
$5,208.00
Ending shares
444.16
Portfolio value by year
Year 1: $6,429.26Year 1 · $6,429.26
Year 2: $7,916.56Year 2 · $7,916.56
Year 3: $9,464.24Year 3 · $9,464.24
Year 4: $11,074.77Year 4 · $11,074.77
Year 5: $12,750.69Year 5 · $12,750.69
Year 6: $14,494.66Year 6 · $14,494.66
Year 7: $16,309.44Year 7 · $16,309.44
Year 8: $18,197.91Year 8 · $18,197.91
Year 9: $20,163.06Year 9 · $20,163.06
Year 10: $22,208.00Year 10 · $22,208.00
Year 1Year 10
Hover, tap or focus a column to see its exact value.
Dividends and reinvestment
Detailed values use the same assumptions as the summary above.
| Year | Gross dividends | Withheld | Net dividends | Shares | Portfolio value |
|---|---|---|---|---|---|
| 1 | $229.26 | $0.00 | $229.26 | 128.585 | $6,429.26 |
| 2 | $287.29 | $0.00 | $287.29 | 158.331 | $7,916.56 |
| 3 | $347.69 | $0.00 | $347.69 | 189.285 | $9,464.24 |
| 4 | $410.53 | $0.00 | $410.53 | 221.495 | $11,074.77 |
| 5 | $475.92 | $0.00 | $475.92 | 255.014 | $12,750.69 |
| 6 | $543.97 | $0.00 | $543.97 | 289.893 | $14,494.66 |
| 7 | $614.78 | $0.00 | $614.78 | 326.189 | $16,309.44 |
| 8 | $688.47 | $0.00 | $688.47 | 363.958 | $18,197.91 |
| 9 | $765.15 | $0.00 | $765.15 | 403.261 | $20,163.06 |
| 10 | $844.94 | $0.00 | $844.94 | 444.16 | $22,208.00 |
Prices, dividends and growth are user assumptions. Fees and tax rules are not modeled. The optional flat withholding rate is user-defined and does not determine your legal tax liability.
Calculation method
Dividend yield and DRIP formulas
For example, a $50 share paying $2 annually has a 4% yield. One hundred shares generate $200 per year before withholding. Four equal quarterly payouts are $50 each; the $16.67 monthly average is not a monthly payout schedule.
Detailed guide
Dividend yield and income
Dividend yield relates a full year’s dividend to the current share price. Portfolio income also depends on how many shares you hold. Enter announced or assumed annual dividends; if using a quarterly amount, annualize it only when you expect equal payouts.
The projection compares cash payouts with buying additional shares using dividends. Enter your own dividend and price growth assumptions. The yearly table reports payouts, withholding, share count and portfolio value.
Dividend yield and DRIP formulas
Yield = annual dividend / share price × 100%; income = shares × dividend; DRIP shares = net payout / reinvestment price
For example, a $50 share paying $2 annually has a 4% yield. One hundred shares generate $200 per year before withholding. Four equal quarterly payouts are $50 each; the $16.67 monthly average is not a monthly payout schedule.
When reinvesting, the net payout buys additional shares at the modeled month-end price. Those shares participate in later payouts. Withholding is applied before reinvestment. The per-share dividend changes at the start of each subsequent year.
With cash payouts, total value includes the ending portfolio and accumulated net dividends. With reinvestment, dividends are already included in the portfolio and are not added twice. Gain is measured against initial value plus contributions.
What affects the projection
Contributions and fractional shares
Contributions buy shares at each month-end. The model permits fractional shares. Whole-share or lot-size restrictions change the actual share count and idle cash.
Payout assumptions
Future dividends are uncertain. Compare the base case with lower payouts or falling prices. Eligibility dates, fees and your actual tax calculation require separate consideration.
Dividend questions
How do I calculate annual dividend income?
Multiply the share count by the annual dividend per share. Apply actual withholding, if known, to estimate the net payout.
Is average monthly income paid every month?
No. It is annual income divided by 12. The actual payout schedule follows the selected frequency and company decisions.
What is dividend reinvestment?
It means buying additional shares with dividend payouts. The calculator reinvests the net amount after the entered withholding and allows fractional shares.
Are prices and tax rates loaded automatically?
No. All parameters are entered manually. Withholding is a simple percentage assumption; calculating tax under local rules requires a separate method.
Data sources
These sources explain the concepts used in the calculation. Check the applicable contract or issuer documents for your actual parameters.
Updated: October 1, 2026
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