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.

May 30th, 2008 at 7:04 pm
http://www.dripcalculator.com/ is another option. However, in my experience the days stock price is inaccurate.