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  1. #1
    Stocks/Investments Moderator boneil's Avatar
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    Jul 2010
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    Aberdeen, MD
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    why are dividend calculators so different

    I'm trying different dividend calculators and they are giving me dramatically different outcomes.

    Here's my inputs

    share price $73, number of shares= 100, expected dividend yield = 3.5%, annual contribution=$5000, tax rate 15%, expected annual dividend increase 8% expected annual share price increase 8%, DRIP is on

    After 20 years:

    Tipranks: end balance of $763,900 with annual dividend income of $108K
    Forbes : end balance $732,000 with annual dividend of $83K
    Market Beat: end balance $380,000 with annual dividend of $11.8K
    Theres a few other calculators that give lower end amounts but close to market beat's calculations.

    Depending on calculator, in 20 years, I'm either gonna have $10-$12K of annual dividends or $80-$100K of annual dividends. I feel like the issue is how the "snowball affect" is being calculated. But I'm not sure.
    Thanos was the hero

  2. Stocks/Investments Moderator boneil's Avatar
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    Jul 2010
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    #2
    after entering the numbers manually on a spreadsheet, I come up closer to the market beat numbers. There's something going on with the dividend growth amounts.
    Thanos was the hero

  3. Member
    Join Date
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    Tucson, AZ
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    #3
    Maybe simple vs compounding interest? Fed and state tax? Not sure on that one...
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