Monthly Dividend DRIP Calculator
Reinvest dividends every month — the most common DRIP setting — and see the compounded result.
Runs locally in your browser — your numbers never leave this pageTry: Starting amount=10000, Monthly contribution=0, Annual dividend yield=3.5, Annual dividend growth=0, Reinvest frequency=monthly, Years=20, Annual price growth=0, Starting share price=100 → $20,117.02, $10,000.00, $10,117.02, $704.10, 201.17
How to use
A DRIP (Dividend Reinvestment Plan) uses each dividend to buy more shares instead of paying you cash. Those new shares pay their own dividends, so the position compounds. Enter your starting amount, any monthly contribution, the yield, and how often dividends reinvest. The calculator models it month by month and reports the final value, total contributed, dividends reinvested, and the last-year income.
FAQ
What is a DRIP?
A Dividend Reinvestment Plan buys more shares with each dividend rather than paying cash. Over decades the extra shares compound, which is why DRIPs beat taking the cash for long horizons.
Why does the final value exceed what I contributed?
Two effects stack: monthly contributions buy shares, and reinvested dividends buy even more. With price growth and rising payouts the portfolio compounds.
Are these results investment advice?
No. Figures use the yield and growth you enter as historical illustrations only. Real returns vary and are not guaranteed. Consult a licensed adviser before investing.