NOBL Dividend Calculator
See the power of dividend reinvestment with ProShares S&P 500® Dividend Aristocrats ETF (NOBL)
The NOBL Dividend Calculator helps you estimate your dividend income, project growth with reinvestment, and understand the potential long-term returns from your NOBL ETF investment. Set your custom parameters that include tax implications and growth projections.
Investment Details
The amount you plan to initially invest in NOBL
Additional amount you plan to invest each month
How long you plan to hold this investment
Latest NOBL share price (updated as of May 2025)
Calculated based on investment amount and share price
Dividend Settings
NOBL’s current dividend yield (approximately 2.13%)
Annual dividend amount per share
NOBL’s 5-year average dividend growth rate is 6.73%
Estimated annual growth of NOBL’s share price
How often dividends are paid
Your applicable tax rate on dividend income
Expected annual inflation rate
Automatically reinvest dividends to buy more shares
NOBL Dividend Calculator Results
Enter your investment details and click “Calculate NOBL Returns” to see results.
Total Invested
$0
Final Portfolio Value
$0
Total Dividends Received
$0
Total Return
0%
Annual Dividend in Final Year (After Tax)
$0
Final Year Yield on Cost
0%
With DRIP
$0
Final Portfolio Value
Without DRIP
$0
Final Portfolio Value
DRIP Advantage
0%
Additional Return
Live NOBL Market Data
Understanding NOBL Dividend Reinvestment
NOBL’s Dividend Growth History
NOBL or the ProShares S&P 500® Dividend Aristocrats ETF is an exchange-traded fund that invests in S&P 500 companies that have increased their dividends for at least 25 consecutive years. These companies are known as “Dividend Aristocrats” and represent a select group of stable, high-quality businesses with a proven track record of returning value to shareholders.
NOBL’s dividend growth history is robust, reflecting the consistent performance of its underlying holdings. The ETF has delivered a stable dividend yield, and more importantly, a reliable history of dividend increases, making it a cornerstone for income-focused investors prioritizing stability and growth.
The NOBL fund’s focus on companies with strong fundamentals ensures their ability to pay and grow dividends. In recent years, NOBL has achieved a 5-year average dividend growth rate of about 6.73% per year, making it a compelling option for investors seeking consistent income growth.
How to Use the NOBL Dividend Calculator: A Step-by-Step Guide
Follow this comprehensive guide to maximize your dividend projections and investment returns with the S&P 500 Dividend Aristocrats ETF (NOBL):
Enter your Initial Investment
Input the amount you plan to invest in NOBL (for example, $10,000). This serves as the foundation for all future calculations. The calculator will determine how many shares can be purchased at the current market price.
Input Current Share Price
Our calculator automatically displays the most recent NOBL share price (updated as of May 2025). You can adjust this value if you have more current pricing information. The price determines your initial share count and serves as the baseline for future growth calculations.
Set Monthly Contributions
Enter any additional monthly contributions you plan to make to your NOBL investment (optional). Regular small additions can significantly impact long-term returns and reduce the impact of market volatility through dollar-cost averaging.
Configure Dividend Settings
The calculator pre-fills with NOBL’s current dividend yield (approximately 2.13%), but you can adjust based on latest performance data for the S&P 500 Dividend Aristocrats ETF. Set your own research-based dividend growth projections if desired.
Adjust Investment Duration
Set how long you plan to hold your investment (in years). Dividend reinvestment becomes more powerful over longer time periods (10+ years). Showing the compounding effect of dividend growth over time is one of the most valuable features of this calculator.
Enable/Disable DRIP
Choose whether to enable or disable Automatic Dividend Reinvestment Plan (DRIP). Enabling DRIP automatically reinvests your dividend payments, significantly amplifying returns by purchasing additional shares with each dividend payment.
Enter Your Tax Rate
For realistic after-tax dividend projections, enter your applicable tax rate (%). This can range from 0% for tax-advantaged accounts to 20-37% for regular taxable accounts, allowing you to see the real income potential of your investment.
Click Calculate
Press the “Calculate Results” button to generate your personalized dividend income projection. The results include detailed portfolio growth, annual dividend income, and yield on cost. You can download a PDF report or print your results for future reference.
Understanding the Core Calculation Formulas
The foundation of dividend calculations is based on a few simple formulas:
Annual Dividend Income Formula:
This basic formula determines how much dividend income you receive each year based on:
- Initial Shares: $10,000 ÷ $99.50 = 100.5 shares
- Annual Dividends: 100.5 shares × $2.14 = $214.94
- Annual Dividend Per Share: $99.50 × 0.0215 = $2.14
These calculations help determine the multiple effects accounting for dividend growth, price appreciation, and reinvestment over time.
Calculating with Dividend Growth:
Example for 5 years with 6.73% annual dividend growth:
- Current Dividend Per Share: $2.14
- Year 5 Dividend Per Share: $2.14 × (1 + 0.0673)5 = $2.96
- Year 5 Dividend Income: 100.50 shares × $2.96 = $297.48
DRIP Impact (Compounding):
This creates a powerful compounding effect as your share count grows over time.
Understanding the Key Features of the NOBL Dividend Calculator
Learn how key parameters can be projected and tailored for your NOBL ETF Dividend Analysis:
Dividend Yield
The percentage return on your investment based on its current price. NOBL’s current yield is approximately 2.13%, which means for every $100 invested, you can expect $2.15 in annual dividends. While a modest starting point compared to some high-yield offerings, NOBL’s strength lies in the consistency and growth of these payments over time, not just the initial yield.
Dividend Growth Rate
NOBL has achieved a 5-year average dividend growth rate of about 6.73% and the 10 years dividend growth rate of approximately 7.41%. This metric measures how the dividend payment increases each year. The compound effect of this growth is powerful – even a modest 6.73% annual growth rate means your dividend income nearly doubles every decade. This growth rate directly impacts your income potential, significantly over time, even without adding capital.
Dividend Reinvestment (DRIP)
When enabled, your dividend payments act as automatic additional investments, purchasing additional shares of NOBL. Instead of taking paid dividends as cash, they generate more shares for your portfolio. This creates a compounding effect where each new dividend generates even more future dividends. Over long time periods, the compounding becomes your most powerful growth engine in dividend investing.
Tax Rate
Your actual profit depends upon your personal dividend taxation rate. For qualified dividends (like NOBL), tax rates may range from 0% (income up to $41,675) to 20% (income above $459,750). The calculator lets you set these taxes to see real-world dividend income after taxes. For tax-free accounts like Roth IRAs, you can set the tax rate to 0% to see maximum growth potential.
Total Return
The comprehensive measure combining both dividend income and capital appreciation (share price growth). While you make money through NOBL’s dividend payments, the ETF has historically provided solid total return when combining share growth. This ETF has historically provided competitive total returns compared to the broader market, especially during market downturns, where quality dividend-paying companies often show greater resilience.
Inflation Rate
The expected annual inflation rate. This helps in understanding the real (inflation-adjusted) return on your investment, as inflation erodes purchasing power over time. While the calculator shows nominal returns, factoring in inflation provides a more complete picture of your investment’s true growth.
You can make your investment growth projections more accurate by knowing these important factors and changing each one.
Maximize Your Dividend Returns: Using the NOBL Dividend Calculator for Strategic Investments
Discover tested strategies to optimize your returns from the S&P 500 Dividend Aristocrats ETF with these expert approaches:
Leverage Dividend Reinvestment
Enabling DRIP (Dividend Reinvestment Plan) is one of the most powerful wealth-building mechanisms available to dividend investors. With NOBL’s historical dividend growth rate of 6.73% per year, reinvesting creates a powerful compounding effect where your investment grows approximately 30% faster compared to taking dividends as cash. The calculator clearly demonstrates how reinvestment dramatically increases your long-term portfolio growth.
Implement Dollar-Cost Averaging with Regular Contributions
Adding consistent monthly contributions to your NOBL investment creates two distinct advantages. First, it helps you accumulate shares at various price points, reducing the impact of market volatility and downturns. Second, it accelerates your dividend income growth by continuously increasing your share count. Our calculator shows that even modest monthly contributions of $200-300 can dramatically increase your long-term dividend income and overall portfolio value.
Optimize with Tax-Efficient Accounts
Holding NOBL in tax-advantaged accounts like Traditional IRAs, Roth IRAs, or 401(k) plans can significantly enhance your long-term returns by eliminating or deferring taxes on dividend payments. At a 15-20% qualified dividend tax rate, this tax drag can substantially reduce compounding efficiency in taxable accounts. The calculator allows you to compare scenarios with different tax rates, demonstrating how tax-advantaged accounts can potentially save tens of thousands of dollars in your final portfolio value over several decades.
Commit to Long-Term Growth
The power of NOBL’s dividend growth becomes more apparent over extended time horizons. Companies in the S&P 500 Dividend Aristocrats Index have increased dividends for at least 25 consecutive years, demonstrating exceptional financial discipline and shareholder commitment. This long-term perspective is reflected in NOBL’s historical performance during market downturns, where quality dividend-paying companies often demonstrate greater resilience and stability compared to the broader market.
Recommended Strategy Example:
Financial advisors frequently recommend this powerful approach for retirement planning with NOBL:
- Initial investment: $10,000 to establish your position
- Monthly contributions: $300 for consistent portfolio building
- DRIP setting: Enabled to maximize compounding effects
- Investment account: Roth IRA for tax-free growth (0% dividend tax)
- Time horizon: 20+ years to fully leverage compounding
Using the calculator’s projections, this strategy could potentially generate a substantial portfolio providing significant tax-free passive income in retirement, with final annual dividend income often exceeding the original investment amount.
NOBL vs Other Dividend ETFs Comparison
NOBL vs SCHD (Schwab U.S. Dividend Equity ETF)
| Metric | NOBL | SCHD |
|---|---|---|
| Current Yield | 2.13% | 3.05% |
| 5-Year Growth Rate | 6.73% | 7.94% |
| Expense Ratio | 0.35% | 0.06% |
| Focus | 25+ years dividend growth | High yield and strong growth |
When comparing NOBL with SCHD, you’ll see SCHD typically provides higher current yields but NOBL emphasizes companies with extremely long dividend growth streaks, focusing on stability during market downturns.
NOBL vs VIG (Vanguard Dividend Appreciation ETF)
| Metric | NOBL | VIG |
|---|---|---|
| Current Yield | 2.13% | 1.90% |
| 5-Year Growth Rate | 6.73% | 9.12% |
| Expense Ratio | 0.35% | 0.06% |
| Focus | S&P Dividend Aristocrats | 10+ years of dividend growth |
VIG has a lower barrier for entry requiring only 10+ years of dividend growth (vs NOBL’s 25+ years), which allows for including newer growth-oriented companies. While NOBL focuses on the most established dividend growers, VIG brings in more companies still in their higher dividend growth phases.