Ticker: AAPL โข Yield: 0.6% โข Growth (5yr): 5.0%
๐ฐ Net: approx. $846 /mo after tax.
Currently, you need $2,000,000. But if AAPL grows its dividend by 5.0% annually, you can invest less today and hit your goal later.
*Assumes constant dividend reinvestment is NOT included, only dividend growth.
Reinvesting all dividends with constant yield:
| Year | Total Value | Monthly Income |
|---|---|---|
| Year 1 | $2,012,000 | +$1,006/mo |
| Year 3 | $2,036,216 | +$1,018/mo |
| Year 5 | $2,060,724 | +$1,030/mo |
| Year 10 | $2,123,292 | +$1,062/mo |
๐ Student loans? Dividends are paying them off for you.
Planning for a reliable $1000.00 monthly income stream? With Apple Inc. (AAPL), a capital allocation of roughly $2,000,000.00 could get you there. This calculation utilizes the current trailing yield of 0.60%.
Traded as AAPL, Apple Inc. operates within the Technology space. It is often looked at for a blend of growth and income.
Why AAPL? Because at $2,000,000.00 capital, yield stability becomes your best friend.
Disclaimer: Informational only. Not financial advice. Yields vary. Past performance does not guarantee future results.