Free dividend calculator from Fynvorax. Project DRIP reinvestment, dividend growth, yield on cost, and future passive income.
Model dividend reinvestment (DRIP): $10,000 at 4% yield growing 5%/year with reinvestment can produce far more income in year 20 than year 1. See yield on cost and projected annual dividends.
Yield on cost divides future annual dividend income by your total invested capital. It shows how dividend income has grown relative to what you originally paid in.
At a 4% starting yield, about $4,000/year before growth or taxes. With 6% dividend growth and reinvestment, income can rise substantially over a decade — run your symbols and rates here.
Reinvesting suits long horizons and tax-advantaged accounts; cash payouts suit income needs today. Reinvesting buys more shares, which raises future dividends (compound income).
Yield = annual dividend / current price. Yield on cost = annual dividend / what you paid. A stock yielding 2% today might pay 8% on your original cost after years of dividend raises.