Dividend calculator
Estimate the dividend income a portfolio generates each year, and what happens when you reinvest those dividends (DRIP). Works for Canadian or U.S. stocks and ETFs — just enter the numbers.
How to use it
Grab three numbers from your portfolio or a stock you're researching: amount invested, the dividend yield (shown on most stock pages and ETF fact sheets), and the number of years you'd hold.
What DRIP actually does
When you reinvest dividends, each payment buys more shares, which then earn their own dividends. Over a decade or two that snowball is the main reason dividend investors love DRIPs. The trade-off: you receive no cash along the way, so a DRIP suits accounts you won't touch for years, like a TFSA or RRSP.
Disclaimer: Educational tool only. Yields are not guaranteed — companies can cut dividends. Nothing here is investment advice.