DRIP Calculator
How many stocks do I need for the Dividend Re-investment Program to get enough dividends to get 1 full share?
Provide Calculator FeedbackIf you have a dividend-paying stock that costs
and this dividend-paying stock has an annual yield of
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 shareswhich costs a total of
$14,150to receive monthly dividends enough to buy another share.
Common Examples
As of October 2024, values rounded
Disclaimer
This tool is provided for informational and estimation purposes only. While we strive for accuracy, we do not guarantee that the results are free from errors, omissions, or miscalculations. The tool's outputs should not be considered official financial, tax, legal, or investment advice.
Use of this tool is at your own risk. We are not responsible for any decisions, losses, or damages resulting from reliance on the tool's calculations. For precise and up-to-date information, always refer to official sources or consult a qualified professional.
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