Dividend Reinvestment Calculator
Project how a dividend reinvestment plan (DRP) grows your share holding and future dividend income over time.
Your results
Most recent years shown
| Year | Units | Share price | Dividend received |
|---|---|---|---|
| 1 | 519 | $42 | $800 |
| 2 | 538.4 | $44 | $855 |
| 3 | 558.2 | $46 | $914 |
| 4 | 578.3 | $49 | $976 |
| 5 | 598.7 | $51 | $1,041 |
| 6 | 619.4 | $54 | $1,110 |
| 7 | 640.4 | $56 | $1,183 |
| 8 | 661.7 | $59 | $1,260 |
| 9 | 683.3 | $62 | $1,341 |
| 10 | 705.2 | $65 | $1,427 |
Calculation breakdown
- Yearly dividend
- units held × dividend per share
- New units bought
- dividend cash ÷ share price
- Growth
- dividend and share price compound at their entered growth rates
Worked example
Starting with 500 units at $40.00, a 4% yield, 3% annual dividend growth and 5% annual price growth reinvested for 10 years grows your holding to roughly 620 units worth around $39,000.
Assumptions
- Assumes dividends are reinvested immediately at the year-end share price with no brokerage.
- Growth rates are estimates you provide, not guaranteed returns.
- Dividends reinvested remain assessable income in the year paid, per ATO rules.
How this calculator works
Simulate a dividend reinvestment plan by compounding your starting units, dividend yield and annual dividend growth rate over a chosen number of years. Each year's dividend buys additional units at the estimated share price, growing your holding faster than dividends taken as cash.
Rates sourced from the Australian Taxation Office for the 2026–27 financial year. Last reviewed 01/07/2026.
Frequently asked questions
Does this assume the share price stays flat?
It grows the assumed share price in line with your entered price growth rate each year, alongside dividend growth.
Are DRP shares taxed differently?
No, dividends reinvested through a DRP are still assessable income in the year they are paid, just like cash dividends.
What if my company doesn't offer a DRP?
You can still use this to compare the outcome of manually reinvesting cash dividends into more shares each year.
Results are estimates only and are not financial, tax, legal or credit advice.
Rates and thresholds are configured for the 2026–27 Australian financial year and should be reviewed when government settings change.