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DRIP calculator
How many initial stocks do I need for the Dividend Re-investment Program to kick in?
I have a dividend-paying stock that costs
$
and an annual yield of
%
You need a total of
282 shares
which costs a total of
CA$14,100.00
to get enough monthly dividends to buy another share
A single share produces an annual yield of CA$2.13 or CA$0.18 per month
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