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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.

MBINLMerchants Bancorp Depositary Shares, Each Representing a 1/40thInterest in a Share of 7.25% Fixed Rate Series E Non-CumulativePerpetual Preferred Stock, without par value
Price$23.25
Annual dividend$1.91
Yield8.20%
PaysQuarterly
Growth streak1 yr
5-yr dividend growth—

$10,000 in MBINL buys 430.11 shares and pays about $820 a year today ($204.95 a quarter).

Reinvesting dividends

Yearly income in year 10
$1,846
Dividends received in total
$12,513
Value after 10 years
$22,513
Shares owned
968.29
Yield on money invested
18.46%

Taking dividends as cash

Yearly income in year 10
$820
Dividends received in total
$8,198
Value after 10 years (shares + cash received)
$18,198
Shares owned
430.11
Yield on money invested
8.20%

Dividend income per year

ReinvestingAs cash
YearIncome (reinvesting)Income (cash)Value (reinvesting)Value (cash)
1$845$820$10,845$10,820
2$917$820$11,762$11,640
3$994$820$12,756$12,459
4$1,078$820$13,835$13,279
5$1,169$820$15,004$14,099
6$1,268$820$16,273$14,919
7$1,376$820$17,648$15,738
8$1,492$820$19,140$16,558
9$1,618$820$20,758$17,378
10$1,755$820$22,513$18,198

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.