DRIP Calculator

How many stocks do I need for the Dividend Re-investment Program to get enough dividends to get 1 full share?

If you have a dividend-paying stock that costs

$50

and this dividend-paying stock has an annual yield of

4.25%

At the current stock price and annual yield, a single share produces an annual yield of $2.13 or $0.18 per month.

You need a total of

283 shares

which costs a total of

$14,150

to receive monthly dividends enough to buy another share.

Common Examples

As of October 2024, values rounded

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