Dividend Reinvestment Calculator
I have been a moderate investor in Dividend Reinvestment Plans. aka (DRIPS) If you are not sure what that is, check out http://www.fool.com/school/drips.htm as they do a pretty good job explaining it.
But basically it allows investors to buy shares of a particular equity on a periodic basis (bi-weekly, monthly,quarterly etc). Dividends on that equitiy are automatically reinvested when they are distributed, thus buying fractional shares of the company.
My calculator below simulate a DRIP over time.
| Title: | DRIP Calculator |
| Description: | Click the link to see it full screen |
I have not found a tool out there that really tracks how a stock + dividend reinvestment performs over time. So I wrote this little tool to track it. You can find it at http://www.gregjessup.com/DRIP If you know of something similar, please post a comment with the link. If you think my math is wrong, also post a comment and challenge me.
If you want to see some changes made to it, send me an email. I’ll have a look and try to post a change.
Happy DRIPing!
By the way..This is by no means guaranteed to be accurate. Although I use the tool myself, and trust my work…it is not investment advice. Use it at your own risk. Persons seeking investment advice should consult a financial professional. Data not guaranteed to be accurate.
http://www.dripcalculator.com/ is another option. However, in my experience the days stock price is inaccurate.
Hi Greg,
I found this Calculator very interesting.
I’m trying to make a system in FLEX as a personal Portfolio Manager.
Could you explain me how to get the Yahoo Finance data?
If its not asking much, could you open me this source?
Thanks a lot.
Carlos
Thanks for this calculator for us non-tech types. Could you add a value for dividends received in cash when you’re not reinvesting dividends. Also, (lower priority request), could you make it easier to change the date - lots of scrolling needed if you want to go far back.
Thanks.