RDVY Dividend Calculator
Project dividend-reinvestment (DRIP) growth, income, and yield on cost for First Trust Rising Dividend Achievers ETF (RDVY). Pre-filled with illustrative figures — edit them with current numbers.
About RDVY
RDVY tracks the NASDAQ US Rising Dividend Achievers Index, screening for companies with a record of raising dividends plus healthy payout ratios, cash, and earnings growth. It targets firms positioned to keep increasing their payout rather than the highest current yielders.
RDVY is a dividend-growth etf from First Trust that distributes quarterly. Because dividend investing is about both income and the growth of that income, the calculator above lets you model three things independently for RDVY: the starting yield, how fast the dividend grows each year, and how fast the share price appreciates. That separation matters most for high-yield versus dividend-growth choices, where a lower starting yield that grows quickly can overtake a higher static yield over time.
How to use the RDVY calculator
- Replace the pre-filled yield with RDVY’s current dividend yield from your broker or the fund’s page.
- Set your initial investment and monthly contribution.
- Estimate the dividend growth rate and price growth rate. For a dividend-growth etf these can differ a lot — be realistic rather than optimistic.
- Choose your dividend tax rate and whether to reinvest (DRIP), then read the projected value, dividends received, and yield on cost.
The full math, including how the money-weighted return is computed, is on the methodology page.
RDVY dividend calculator FAQ
- How does this RDVY dividend calculator work?
- It runs a month-by-month projection: each month it adds your contribution, pays a dividend based on the yield you enter, optionally reinvests it (DRIP), then applies price growth. The page loads with illustrative figures for First Trust Rising Dividend Achievers ETF; replace them with the current yield and your own assumptions for an accurate projection.
- What yield should I use for RDVY?
- Use RDVY's current dividend yield from your broker or the fund page, not the example value pre-filled here — yields move with the share price and the distribution. Enter the trailing or forward yield, whichever you prefer to model.
- Does RDVY pay monthly or quarterly?
- First Trust Rising Dividend Achievers ETF pays quarterly. This calculator projects annual totals and compounds monthly, so it works the same regardless of the actual payment schedule — the quarterly cadence just affects when cash actually lands in your account.
- Is the RDVY projection a guarantee?
- No. It is an educational projection based on the assumptions you enter, held constant. Real dividends can rise, be cut, or stop, and prices fluctuate. Use it to compare scenarios, not to predict returns, and never rely on a single calculator for an investment decision.