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Dividend Income Calculator

How much a stock or ETF pays you, now and in the future, with and without reinvesting the dividends.

MBWMMercantile Bank Corp
Price$58.83
Annual dividend$1.60
Yield2.72%
PaysQuarterly
Growth streak6 yrs
5-yr dividend growth6.02%/yr

$10,000 in MBWM buys 169.98 shares and pays about $272 a year today ($67.99 a quarter).

Reinvesting dividends

Yearly income in year 10
$639
Dividends received in total
$4,312
Value after 10 years
$23,484
Shares owned
222.9
Yield on money invested
6.39%

Taking dividends as cash

Yearly income in year 10
$487
Dividends received in total
$3,718
Value after 10 years (shares + cash received)
$21,627
Shares owned
169.98
Yield on money invested
4.87%

Dividend income per year

ReinvestingAs cash
YearIncome (reinvesting)Income (cash)Value (reinvesting)Value (cash)
1$285$282$10,891$10,882
2$310$299$11,862$11,817
3$338$317$12,919$12,808
4$368$336$14,071$13,859
5$401$356$15,325$14,972
6$437$378$16,690$16,153
7$476$400$18,178$17,404
8$518$424$19,798$18,731
9$564$450$21,562$20,136
10$615$477$23,484$21,627

Future income assumes the dividend and share price grow at the rates above, every year; actual dividends can be cut or raised. Past results use real daily closing prices and every cash dividend paid (adjusted for stock splits), with dividends reinvested at the closing price on the pay date. Taxes and trading costs are not included.