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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.

FLMIFranklin Dynamic Municipal Bond ETF
Price$23.31
Annual dividend$1.09
Yield4.66%
PaysMonthly
Growth streak—
5-yr dividend growth11.97%/yr

$10,000 in FLMI buys 429 shares and pays about $466 a year today ($38.85 a month).

Reinvesting dividends

Yearly income in year 10
$2,306
Dividends received in total
$11,541
Value after 10 years
$49,462
Shares owned
683.2
Yield on money invested
23.06%

Taking dividends as cash

Yearly income in year 10
$1,448
Dividends received in total
$8,704
Value after 10 years (shares + cash received)
$39,763
Shares owned
429
Yield on money invested
14.48%

Dividend income per year

ReinvestingAs cash
YearIncome (reinvesting)Income (cash)Value (reinvesting)Value (cash)
1$507$496$11,733$11,696
2$595$556$13,767$13,596
3$698$622$16,154$15,723
4$819$697$18,954$18,106
5$961$780$22,240$20,775
6$1,128$874$26,095$23,764
7$1,323$979$30,619$27,111
8$1,552$1,097$35,927$30,861
9$1,821$1,228$42,155$35,060
10$2,137$1,375$49,462$39,763

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.