Dividend Calculator 📊

Simulate your dividend income from the Casablanca Stock Exchange. See how reinvesting dividends can grow your wealth over time.

Your Inputs

Average MASI yield: ~3.5% – 5%
Tax Rate: 12.5% (2025 Moroccan dividend withholding tax)

Results after 10 years

Portfolio Value
14 714 DH
Total Dividends Earned
4 714 DH
Growth
+47.1%
YearPortfolio ValueGross DividendNet DividendTotal Earned
110 394 DH450 DH394 DH394 DH
210 803 DH468 DH409 DH803 DH
311 228 DH486 DH425 DH1 228 DH
411 670 DH505 DH442 DH1 670 DH
512 130 DH525 DH460 DH2 130 DH
612 608 DH546 DH478 DH2 608 DH
713 104 DH567 DH496 DH3 104 DH
813 620 DH590 DH516 DH3 620 DH
914 156 DH613 DH536 DH4 156 DH
1014 714 DH637 DH557 DH4 714 DH

How Dividends Work on the Casablanca Stock Exchange

Many companies listed on the Bourse de Casablanca distribute a portion of their profits to shareholders as dividends. Morocco is known for relatively generous dividend yields compared to international markets, often ranging between 3% and 6%.

When you receive dividends in Morocco, a withholding tax (Retenue à la Source) is automatically deducted. As of 2025, this rate is 12.50%, progressively decreasing to 10% by 2027 under the Finance Law reform.

Reinvesting dividends — also called a DRIP (Dividend Reinvestment Plan) — is a powerful strategy for long-term wealth building. By purchasing additional shares with your dividend income, you benefit from compound growth, where your dividends generate their own dividends over time.