DRIP Engine Simulator
Simulate your dividend reinvestment plan cycle by cycle. See share growth, buffer levels, and price creep risk — with predictive alerts before your DRIP breaks.
Your Holding
Current market price per share
Yield: 6.65%
Higher price growth = faster price creep risk
Dividend growth offsets price creep
DRIP Status
DRIP ActiveEarning 1 new share per quarterly cycle
Buffer
$36.50
66.4% above DRIP threshold
Dividend per Cycle
$91.50
100 shares × $0.92/share (quarterly)
DRIP is sustainable for the full 10-year projection
Your dividend growth outpaces price creep. Your DRIP compounds uninterrupted across all 40 cycles.
Shares Gained via DRIP
40
100 → 140
Final Annual Income
$683.55
Started at $366.00
Income Growth
+86.8%
Over 10 years
Final Share Price
$88.50
From $55.00
Year-by-Year Projection
Shows your position at the end of each year. Share growth comes entirely from DRIP reinvestment — no additional purchases modeled.
| Year | Shares | Price | Buffer | Annual Income | Status |
|---|---|---|---|---|---|
| Now | 100 | $55.00 | $36.50 | $366.00 | Active |
| Yr 1 | 104 | $57.05 | $39.31 | $389.17 | Active |
| Yr 2 | 108 | $59.90 | $43.20 | $416.27 | Active |
| Yr 3 | 112 | $62.90 | $47.27 | $444.63 | Active |
| Yr 4 | 116 | $66.04 | $51.52 | $474.33 | Active |
| Yr 5 | 120 | $69.34 | $55.95 | $505.40 | Active |
| Yr 6 | 124 | $72.81 | $60.58 | $537.92 | Active |
| Yr 7 | 128 | $76.45 | $65.41 | $571.93 | Active |
| Yr 8 | 132 | $80.27 | $70.45 | $607.50 | Active |
| Yr 9 | 136 | $84.29 | $75.70 | $644.68 | Active |
| Yr 10 | 140 | $88.50 | $81.16 | $683.55 | Active |
How DRIP & Price Creep Work
A Dividend Reinvestment Plan (DRIP)automatically uses your dividend payments to buy more shares of the same stock. With most Canadian brokerages (synthetic DRIPs), your total dividend per payment cycle must be enough to buy at least one whole share. No fractional shares — if you're short by even a penny, the DRIP doesn't fire and you get cash instead.
Bufferis the cushion between your total dividend per cycle and the share price. A healthy buffer means your DRIP is safe even if the price rises a bit. A thin buffer means you're close to losing your DRIP.
Price creep is the gradual erosion of your buffer as share prices rise over time. If the stock price grows faster than the dividend, your buffer shrinks cycle by cycle until the DRIP breaks. This simulator detects exactly when that happens and tells you how many shares to add to prevent it.
The compounding power of DRIP is significant: each new share earned through reinvestment generates its own dividends in the next cycle, creating a snowball effect. This is why protecting your DRIP from price creep is critical for long-term income growth.
Important
This simulator is for informational and educational purposes only. It is not licensed financial, tax, or legal advice. Projections assume constant growth rates and do not account for market volatility, dividend cuts, stock splits, or changes in DRIP eligibility. Actual results will vary. Some brokerages may offer fractional share DRIPs (e.g., Wealthsimple) which change the dynamics — this simulator models whole-share synthetic DRIPs as used by most major Canadian brokerages. Consult a qualified financial advisor for personalized guidance.