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New Dywidenciarz calculatorPayback & yield on cost

When will dividends repay your capital? Run the net payback

Set your dividend yield, growth, tax and reinvestment to see how quickly net dividends cover the initial stake and ongoing contributions.

Launch calculatorHow does it work?

Dividend growth

Model payout CAGR and see how it lifts yield on cost.

Tax-aware

Compare payback with Belka tax or tax-sheltered accounts.

DRIP reinvestment

Add dividends to capital to accelerate the snowball effect.

Premium: payback path + yield on cost

Calculate dividend payback

The simulation blends dividend growth, tax, monthly top-ups and reinvestment. Results refresh instantly.

The simulation blends dividend growth, tax, monthly top-ups and reinvestment. Results refresh instantly.

Calculate dividend payback

Set your dividend yield, growth, tax and reinvestment to see how quickly net dividends cover the initial stake and ongoing contributions.

Amount you invest upfront in dividend stocks.

Funds added every month to increase your share count.

Average annual gross dividend yield for the portfolio.

Expected year-over-year growth in dividend per share.

Default 19% (Belka tax). Set to 0% for IKE/IKZE.

How long you want to track dividends and reinvestment.

Reinvest dividends

We add net dividends to capital, speeding up the snowball.

Auto-updating results
Key metrics

Dividend payback

See when net dividends repay your initial funds and how yield on cost climbs.

Initial capital repaid

10 yrsnet

Year when cumulative net dividends match the upfront stake.

Including contributions

>15net

Net dividends cover the initial stake plus recurring top-ups.

Net dividend (final year)

PLN 18,737

Estimated net payout after tax and dividend growth.

Net yield on cost

7.3%

Effective dividend rate on invested capital.

Cumulative net dividends

PLN 124,823

gross PLN 154,102
Year 1PLN 2,106
Year 2PLN 4,704
Year 3PLN 7,852

Year-by-year payouts

Track gross/net dividends and yield-on-cost progression.

15-year outlook
YearGross dividendNet dividendYield on costCumulative netCapital contributed
1
PLN 2,600
PLN 2,106
4.2%
PLN 2,106
PLN 50,000
2
PLN 3,207
PLN 2,598
4.4%
PLN 4,704
PLN 57,200
3
PLN 3,887
PLN 3,148
4.6%
PLN 7,852
PLN 64,400
4
PLN 4,647
PLN 3,764
4.7%
PLN 11,616
PLN 71,600
5
PLN 5,500
PLN 4,455
4.9%
PLN 16,072
PLN 78,800
6
PLN 6,458
PLN 5,231
5.1%
PLN 21,302
PLN 86,000
7
PLN 7,534
PLN 6,102
5.3%
PLN 27,405
PLN 93,200
8
PLN 8,745
PLN 7,084
5.5%
PLN 34,489
PLN 100,400
9
PLN 10,112
PLN 8,191
5.8%
PLN 42,679
PLN 107,600
10
PLN 11,655
PLN 9,441
6.0%
PLN 52,120
PLN 114,800
11
PLN 13,402
PLN 10,856
6.2%
PLN 62,976
PLN 122,000
12
PLN 15,384
PLN 12,461
6.5%
PLN 75,437
PLN 129,200
13
PLN 17,636
PLN 14,285
6.7%
PLN 89,722
PLN 136,400
14
PLN 20,202
PLN 16,364
7.0%
PLN 106,086
PLN 143,600
15
PLN 23,132
PLN 18,737
7.3%
PLN 124,823
PLN 150,800

Quick takeaways

Dividend payback

Higher dividend growth speeds payback

A steady payout CAGR compounds yield on cost.

Belka tax slows reinvestment

Set tax to 0% for IKE/IKZE to accelerate capital recovery.

DRIP builds the trajectory

Adding net dividends to capital boosts the base for future payouts.

How to calibrate assumptions?

Calculate dividend payback

  • Use conservative dividend growth (3–6% annually) for mature companies.
  • Diversify by sector — model an average yield for the whole portfolio.
  • Add monthly DCA to see how regular cash boosts payback speed.

How to read the results?

Net payback shows when post-tax dividends equal your contributions. Yield on cost illustrates how quickly the effective payout rate rises versus invested capital.

Conservative inputs

For stable companies assume 3–6% dividend growth; leave higher values for optimistic scenarios.

Tax sheltering

Set tax to 0% for IKE/IKZE to see the impact of avoiding the Belka tax.

Reinvest vs cash out

Toggle reinvestment to compare the DRIP path with taking cashflows for expenses.