Put your dividends back to work.

Compare reinvesting every dividend with taking those payments as cash. See how new shares can create their own dividends over time.

Your assumptions

Starting shares

Fractional shares are okay.

Current share price

Used to value the investment and buy reinvested shares.

Starting annual dividend yield

Annual dividend growth

How much the dividend per share changes each year.

Years held

For a clean comparison, the share price stays constant and dividends are paid and reinvested once per year. Taxes and fees are not included.

For informational purposes only, not investment advice.

Two paths, one starting point.

Enter your assumptions to compare ending shares, investment value, and cash dividends.

Comparison

After 20 years

Starting with 100 shares worth $5,000.

Reinvesting advantage$0

Reinvest dividends

$0 ending investment value

Ending shares0

New shares0

Final-year dividend$0

Cash taken out$0

Take dividends as cash

$0 shares plus accumulated cash

Ending shares0

Share value$0

Final-year dividend$0

Cash collected$0

Reinvest

Take cash

Explain these results

How this estimate works

The starting dividend per share equals the entered share price multiplied by the starting yield. Once each year, the dividend per share changes by your growth rate. In the reinvest path, that year's dividend buys fractional shares at the entered share price; those new shares earn dividends in later years. In the cash path, the starting share count does not change and each year's dividend is added to cash. The share price itself does not grow in this estimate.

For informational and educational purposes only. This estimate does not include taxes, trading fees, dividend cuts, changing share prices, or market risk, and is not investment advice.