🌱 Dividend Growth Calculator
See how dividend growth compounds your income over time — with or without DRIP reinvestment. Watch your shares, annual income, and total value build year by year.
Compare with our Dividend Income Calculator for a different angle on dividend modeling.
Model portfolios with monthly contributions and preset stocks.
📈 Dividend Income Growth Over Time
Annual dividend income year by year (bars) vs total portfolio value (line)
📋 Year-by-Year Breakdown
| Year | Shares Owned | Div / Share | Annual Dividend | Total Value |
|---|---|---|---|---|
| 1 | 66.35 | $2.87 | $184 | $5.4K |
| 2 | 68.67 | $3.01 | $200 | $5.9K |
| 3 | 71.07 | $3.16 | $217 | $6.4K |
| 4 | 73.56 | $3.32 | $236 | $7.0K |
| 5 | 76.13 | $3.48 | $256 | $7.6K |
| 6 | 78.80 | $3.66 | $279 | $8.2K |
| 7 | 81.56 | $3.84 | $303 | $9.0K |
| 8 | 84.41 | $4.03 | $329 | $9.7K |
| 9 | 87.37 | $4.24 | $357 | $10.6K |
| 10 | 90.42 | $4.45 | $389 | $11.5K |
| 11 | 93.59 | $4.67 | $422 | $12.5K |
| 12 | 96.86 | $4.90 | $459 | $13.6K |
| 13 | 100.25 | $5.15 | $499 | $14.7K |
| 14 | 103.76 | $5.41 | $542 | $16.0K |
| 15 | 107.39 | $5.68 | $589 | $17.4K |
| 16 | 111.15 | $5.96 | $640 | $18.9K |
| 17 | 115.04 | $6.26 | $696 | $20.6K |
| 18 | 119.07 | $6.57 | $756 | $22.4K |
| 19 | 123.24 | $6.90 | $821 | $24.3K |
| 20 | 127.55 | $7.24 | $893 | $26.4K |
🌱 What Is Dividend Growth Investing?
Dividend growth investing focuses on companies that consistently raise their dividend every year. Instead of chasing the highest yield today, you buy companies with moderate yields and strong dividend growth rates. Over time, your income can double or triple — and you paid for it at yesterday's price. That's the power of yield on cost.
💧 DRIP: The Compounding Accelerator
A DRIP (Dividend Reinvestment Plan) turns cash dividends into more shares automatically. More shares earn more dividends. Those dividends buy more shares. The compounding effect is exponential — especially powerful with growing dividends. Toggle DRIP off above to see exactly how much it's worth over your time horizon.
📊 How This Calculator Works
- Your investment buys an initial number of shares at the share price you set.
- Each year, the dividend per share grows at your specified dividend growth rate.
- If DRIP is on, dividends are used to buy additional shares at that year's share price.
- Share price grows independently at the price growth rate you set.
- Total value = shares owned × current share price (+ uninvested dividends if DRIP is off).