Dividend Reinvestment Calculator

See how dividend reinvestment compounds your wealth over time. Enter any stock, initial investment, and time period to project your DRIP returns.

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Search for a stock and enter your investment to see DRIP projections.

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What Is Dividend Reinvestment (DRIP)?

What is a DRIP?

A Dividend Reinvestment Plan (DRIP) automatically uses your dividend payments to purchase additional shares of the same stock, instead of paying them out as cash. Over time, this compounds your position and accelerates wealth building.

Why reinvest dividends?

Reinvesting dividends harnesses the power of compounding. Each additional share you acquire generates its own dividends, which buy even more shares. This snowball effect means your portfolio grows exponentially over long periods — often doubling returns compared to taking dividends as cash.

DRIP in practice

Imagine investing $10,000 in Coca-Cola at a 3% yield. With quarterly DRIP over 20 years, your position could grow to over $18,000 — without adding a single dollar. The shares acquired through reinvestment generate their own dividends, creating a self-reinforcing cycle of growth.

Top DRIP Stocks

Stocks with Consistent Dividends

SymbolCompanySectorPriceAnnual Div/ShareYield
AAPLApple Inc.Technology$180.25$0.960.53%
MSFTMicrosoft CorporationTechnology$375.50$3.000.80%
JNJJohnson & JohnsonHealthcare$158.90$4.763.00%
KOCoca-Cola CompanyConsumer Staples$61.20$1.943.17%
PGProcter & GambleConsumer Staples$152.30$3.762.47%
XOMExxonMobil CorporationEnergy$104.50$3.803.64%
CVXChevron CorporationEnergy$152.80$6.524.27%
PFEPfizer Inc.Healthcare$28.50$1.645.75%
MRKMerck & Co.Healthcare$103.40$2.922.82%
ABBVAbbVie Inc.Healthcare$165.30$6.203.75%

Automate DRIP tracking with Zune.Money

Connect your portfolio and Zune.Money will automatically track your reinvested dividends, share count growth, and compound returns over time.

Frequently Asked Questions

DRIP investing, explained.

Monthly DRIP

Monthly Dividend Reinvestment Calculator

Monthly DRIP compounding supercharges the snowball effect. Instead of waiting for a quarterly payout, reinvesting dividends every month means your fresh shares start earning immediately — giving you 12 compounding events per year instead of 4. Select 'Monthly' in the frequency dropdown above to model this scenario.

The table below shows what a €10,000 investment grows to under full monthly reinvestment at different yields. The longer the horizon, the more dramatic the gap.

Annual Yield10 Years20 Years30 Years
2% yield€12,209€14,920€18,221
4% yield€14,908€22,224€33,115
6% yield€18,194€33,102€60,226

Based on €10,000 initial investment with full monthly reinvestment. Illustrative only — does not account for taxes or price changes.

DRIP vs No DRIP

Dividend Reinvestment vs Taking Cash: The Real Numbers

Every dividend you take as cash breaks the compounding chain. Every dividend you reinvest adds shares that earn their own dividends next cycle. The table below shows the real difference in final portfolio value for common scenarios, using quarterly reinvestment.

ScenarioCash DividendsDividends ReinvestedDRIP Advantage
€10k · 3% yield · 10 years€13,000€13,439+€439
€10k · 3% yield · 20 years€16,000€18,061+€2,061
€10k · 5% yield · 20 years€20,000€26,533+€6,533
€10k · 5% yield · 30 years€25,000€43,219+€18,219

Based on quarterly reinvestment. Cash dividends scenario assumes no reinvestment. Illustrative only.

By Country

DRIP Calculator for Canada, UK & Australia

DRIP Calculator Canada (CAD)

Canadian investors can select CAD and model DRIP returns for TSX-listed dividend stocks. US dividend withholding tax is typically 15% under the Canada-US tax treaty for non-registered accounts — enter the after-tax yield for a realistic projection.

Dividend Reinvestment Calculator UK (GBP)

UK investors can select GBP to model returns in pounds. Within a Stocks & Shares ISA, reinvested dividends are free of UK dividend tax — making ISA-sheltered DRIP the most efficient compounding route available to UK investors.

DRIP Calculator Australia (AUD)

Australian investors can select AUD to model DRIP returns in local currency. Australia's franking credit system means dividends from Australian companies often carry imputation credits that reduce dividend tax. Superannuation accounts in accumulation phase tax dividends at 15%, making them well-suited to long-horizon DRIP strategies.

FAQ

Dividend reinvestment questions, answered

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