Online Tool Store
DRIP Calculator
Project dividend reinvestment plan (DRIP) growth year by year from an initial investment, dividend yield, and growth assumptions, in your browser.
🔒 This tool runs entirely in your browser. Your files are never uploaded to a server.
Final portfolio value
Final shares held
Total dividends reinvested
| Year | Shares | Share price | Portfolio value |
|---|
How the DRIP calculator works
- Enter your initial investment, the share price, and the stock's current dividend yield.
- Enter estimated annual growth rates for both the dividend and the share price, and how many years to project.
- The calculator simulates each year: dividends are paid based on shares held, immediately reinvested to buy more shares at that year's price, then both the dividend and share price grow for the next year.
The method
Each year, the dividend paid equals shares held times the per-share dividend; that amount is divided by the (grown) share price to get additional shares purchased. This compounds two ways at once — the share count grows from reinvestment, and the per-share dividend grows on top of that:
new shares = (shares held × dividend per share) ÷ new share price
FAQ
What does DRIP stand for?
Dividend Reinvestment Plan — instead of taking dividend payments as cash, they’re automatically used to buy more shares, which then earn their own dividends. That compounding effect is what this calculator projects.
Does this account for taxes on dividends?
No — this is a pre-tax projection. Depending on your account type (e.g. a taxable brokerage account vs. a tax-advantaged retirement account) and jurisdiction, dividends may be taxable even when reinvested rather than taken as cash.
Are the growth rates guaranteed?
No. Dividend growth and share price growth are both estimates you provide — real markets don’t grow in a smooth, constant line like this projection assumes. Use conservative assumptions and treat the result as a rough guide, not a promise.
Is my investment data sent anywhere?
No. Every projection is calculated instantly in your browser as you type — nothing is sent to Online Tool Store or any other server.
How we compare
| Feature | Online Tool Store | DividendChannel | A spreadsheet model |
|---|---|---|---|
| Year-by-year breakdown table | ✓ | ✓ | Manual setup required |
| No sign-up or account | ✓ | ✓ | ✓ |
| Updates instantly as you type | ✓ | Calculate button | Formula recalculation |
For a quick, no-spreadsheet way to see how dividend reinvestment compounds over time, the Online Tool Store DRIP Calculator shows the full year-by-year path.