About the Dividend Growth Calculator
Project dividend income growing at an annual rate, and the Gordon growth model fair value of a stock.
Also known as: dividend growth model, gordon growth model, ddm calculator, dividend projection.
How to use this calculator
- Enter current annual dividend per share, dividend growth rate, required return (for valuation), project years.
- The result updates instantly as you type — press Calculate (or Enter) at any time.
- Review the breakdown shown under the main result.
- Use Copy result or Share to save the answer or send a link with your inputs.
Formula
P = D₁ / (r − g)
Worked example
Using the values pre-filled in the calculator above:
- Current annual dividend per share = 2
- Dividend growth rate = 6 %
- Required return (for valuation) = 9 %
- Project years = 10
the calculator returns:
- Dividend in 10 years: 3.58
- Fair value (Gordon model): 70.67