Company Marketcap

Stock Constant Growth Calculator

Enter the dividend and rates

$
%

Expected yearly growth of the dividend, forever.

%

The yearly return you require for holding the stock. It must be above the growth rate.

More options
yrs

Length of the dividend and price projection below.

Your results

Value per share (P0)

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Next dividend (D1)

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Dividend yield (D1 / P0)

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Capital gains yield (g)

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Projected price in year 5
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The model assumes the dividend grows at the same rate every year forever. Small changes to r or g move the result a lot when they are close together.

Projected dividends and price

Under the constant-growth assumption the dividend and the share price both grow at rate g each year.

YearDividendTotal dividendsPrice at year end

Results are estimates for educational purposes and are not financial, tax or legal advice.

Value a dividend-paying stock with the Gordon (constant growth) model, or solve for the required return or the growth rate implied by a share price. Try the pivot point calculator to run your own numbers — everything is calculated in your browser and nothing you enter is stored or sent anywhere.