DRIP Calculator

Calculate the compound growth effect of dividend reinvestment plans (DRIPs) and see how automatically reinvesting dividends can grow your wealth over time.

Initial Investment ($) ⓘ

Initial Stock Price ($) ⓘ

Dividend Yield (%) ⓘ

Annual Stock Price Growth (%) ⓘ

Investment Period (Years) ⓘ

How DRIPs Work

Dividend Reinvestment Plans automatically use your dividend payments to purchase additional shares, creating compound growth through:

More shares earning dividends
No transaction fees (typically)
Fractional share purchases
Dollar-cost averaging effect

DRIP Benefits

Compound Growth: Accelerated wealth building
Automation: Set-and-forget investing
Cost-Effective: Usually no commission fees
Flexibility: Can opt out anytime

DRIP Investment Results