Dividend growth calculator
See how income from shares you already own grows when the payment rises each year. No reinvesting and no new money here, so the growth you see is entirely from raises.
Yearly income goes from $1,000 to $3,870 in 20 years.
| Year | Per share | Income | Yield on cost |
|---|---|---|---|
| 0 | $2.00 | $1,000 | 4.00% |
| 1 | $2.14 | $1,070 | 4.28% |
| 2 | $2.29 | $1,145 | 4.58% |
| 3 | $2.45 | $1,225 | 4.90% |
| 4 | $2.62 | $1,311 | 5.24% |
| 5 | $2.81 | $1,403 | 5.61% |
| 6 | $3.00 | $1,501 | 6.00% |
| 7 | $3.21 | $1,606 | 6.42% |
| 8 | $3.44 | $1,718 | 6.87% |
| 9 | $3.68 | $1,838 | 7.35% |
| 10 | $3.93 | $1,967 | 7.87% |
| 11 | $4.21 | $2,105 | 8.42% |
| 12 | $4.50 | $2,252 | 9.01% |
| 13 | $4.82 | $2,410 | 9.64% |
| 14 | $5.16 | $2,579 | 10.31% |
| 15 | $5.52 | $2,759 | 11.04% |
| 16 | $5.90 | $2,952 | 11.81% |
| 17 | $6.32 | $3,159 | 12.64% |
| 18 | $6.76 | $3,380 | 13.52% |
| 19 | $7.23 | $3,617 | 14.47% |
| 20 | $7.74 | $3,870 | 15.48% |
How fast a growing dividend compounds
A payment that grows 7% a year doubles in about 10 years, because 1.07 multiplied by itself 10 times is 1.97. So $2.00 a share becomes about $3.93 in year 10 and $7.74 in year 20. On 500 shares, that takes yearly income from $1,000 to about $3,870 without buying another share.
What real raises have looked like
Growth rates vary widely. On our payment records, Coca-Cola's regular payments grew 4.7% a year over five years and Broadcom's grew 12.5% a year. Past raises don't promise future ones, and payments can fall as well, so try a low rate as well as a high one.
Every ticker page lists its own payment changes. To include reinvestment and new money, use the dividend income calculator.
Other dividend calculators
Results are estimates from the numbers you enter, not forecasts or advice. Written by Editorial Staff. See the methodology and the disclaimer.