Ticker: ABBV โข Yield: 3.9% โข Growth (5yr): 8.0%
๐ฐ Net: approx. $846 /mo after tax.
Currently, you need $307,692.31. But if ABBV grows its dividend by 8.0% 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 | $319,692 | +$1,039/mo |
| Year 3 | $345,115 | +$1,122/mo |
| Year 5 | $372,558 | +$1,211/mo |
| Year 10 | $451,099 | +$1,466/mo |
๐งฑ Mortgage crusher! Your house is basically paying for itself.
Is your goal to generate $1000.00 every month passively? Based on the yield of AbbVie Inc. (ABBV), your target portfolio size is around $307,692.31. This calculation utilizes the current trailing yield of 3.90%.
AbbVie Inc. (ABBV) is a key player in the Healthcare sector. Stability is the key trait associated with this ticker.
From an investment angle, committing $307,692.31 requires conviction in ABBV's future.
Disclaimer: Informational only. Not financial advice. Yields vary. Past performance does not guarantee future results.