Dividend Reinvestment Growth
Calculator

Inputs

Final balance
$226,185.61

Results

Final balance
$226,185.61
Total dividends
$87,296.56
Gain from reinvesting dividends
$58,764.04
Value from price growth alone
$109,556.16

Portfolio value over time

056,546113,093169,639226,18615.7510.515.320.0
  • Portfolio balance
  • Value from price growth alone

Projection schedule

153,750.001,750.001,750.0052,000.00
257,799.341,899.343,649.3454,080.00
362,173.382,062.075,711.4156,243.20
466,899.762,239.447,950.8558,492.93
572,008.612,432.8610,383.7160,832.65
677,532.772,643.8213,027.5363,265.95
783,508.102,874.0215,901.5565,796.59
889,973.703,125.2819,026.8268,428.45
996,972.273,399.6322,426.4571,165.59
10104,550.463,699.3026,125.7574,012.21
11112,759.224,026.7430,152.4976,972.70
12121,654.254,384.6634,537.1480,051.61
13131,296.454,776.0339,313.1783,253.68
14141,752.445,204.1344,517.3186,583.82
15153,095.135,672.6050,189.9090,047.18
16165,404.356,185.4156,375.3293,649.06
17178,767.526,746.9963,122.3197,395.02
18193,280.437,362.2170,484.52101,290.83
19209,048.088,036.4378,520.95105,342.46
20226,185.618,775.6187,296.56109,556.16

Comparison

ScenarioFinal balanceTotal dividends
Doing nothing167,421.5857,865.42
Your plan226,185.6187,296.56

Formula

V(t) = V(t−1)(1+g) + V(t−1)·y(t), y(t) = y₀(1+gd)^(t−1)/(1+g)^(t−1)

= 226185.61

Note

Returns are not guaranteed and this is not investment advice. This projection applies the displayed standard formula to the rates you entered and assumes they repeat, unchanged, every single period. Real markets do not behave that way: returns vary year to year, can be negative, and past or projected performance never guarantees future results. The model ignores taxes, trading costs, currency effects and any fee you did not enter. Treat the figures as an illustration of the arithmetic, not a forecast, and consult a licensed adviser before acting on any of them.

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Frequently asked questions

What does reinvesting dividends actually add to total growth compared to taking them as cash?+

Reinvested dividends buy additional shares, which then themselves generate further dividends and price appreciation — this compounding effect can account for a very large share of total long-run equity returns, historically often more than half of total return over multi-decade periods for broad stock indices.

Why does the gap between reinvesting and taking dividends as cash widen so much over time?+

Each reinvested dividend adds a small number of extra shares, and those shares then earn their own dividends in future years, which get reinvested again — this is compounding applied specifically to the dividend stream, and like all compounding, the gap grows faster in later years than in early ones.

Does the dividend yield assumption need to stay constant for this to work?+

The calculator likely assumes a constant yield and reinvestment rate for simplicity, but real dividend yields and payout amounts change with company performance and share price, so actual results will deviate from a smooth constant-yield projection, sometimes significantly.

Are dividends taxed differently depending on whether they're reinvested?+

In most jurisdictions, dividends are taxable in the year received whether or not you reinvest them, unless held in a tax-advantaged account — reinvesting doesn't defer the tax, it just means you're using after-tax dividend cash to buy more shares immediately rather than spending it.

Does a high dividend yield always mean a better total return?+

Not necessarily — total return combines dividend income and price appreciation, and companies paying out more in dividends sometimes reinvest less in growth, potentially reducing capital appreciation. A lower-yield but faster-growing holding can sometimes produce a comparable or better total return than a high-yield one.