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DRIP Calculator

Calculate the power of reinvesting dividends automatically. See how DRIP compounds your share count and income over time.

DRIP Settings

DRIP VALUE AFTER 20 YEARS

$31,287

235.8 shares × $132.66

Initial investment
$5,000
Total dividends reinvested
$12,170
Final share count
235.8
Annual income (final year)
$1,513

DRIP VS TAKING CASH DIVIDENDS

DRIP (reinvested)
$31,287
Cash dividends
$28,022

DRIP advantage: +$3,265 (11.7% more wealth)

Frequently Asked Questions

What is a DRIP?

A Dividend Reinvestment Plan (DRIP) automatically uses dividend payments to purchase additional shares instead of paying cash. Many brokers offer commission-free DRIPs.

How much more do you earn with DRIP vs cash dividends?

Over 30 years, a DRIP investor in a 4% yielding stock growing dividends at 6%/year would end up with roughly 2-3× more wealth than taking dividends in cash.

What stocks are best for DRIP?

Dividend Aristocrats — companies that have grown dividends for 25+ consecutive years — are ideal for DRIP. Examples include Johnson & Johnson, Coca-Cola, Procter & Gamble, and Realty Income.

For educational purposes only. Not financial advice. Consult a qualified advisor before making investment decisions.