Ticker: ABT โข Yield: 1.8% โข Growth (5yr): 12.0%
๐ฐ Net: approx. $846 /mo after tax.
Currently, you need $666,666.67. But if ABT grows its dividend by 12.0% 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 | $678,667 | +$1,018/mo |
| Year 3 | $703,319 | +$1,055/mo |
| Year 5 | $728,866 | +$1,093/mo |
| Year 10 | $796,868 | +$1,195/mo |
๐๏ธ You could live like a king in Bali or Thailand with this cash flow.
Looking to cover $1000.00 in monthly bills with dividends? With Abbott Laboratories (ABT), a capital allocation of roughly $666,666.67 could get you there. We base this on its recent trailing yield of 1.80%.
Traded as ABT, Abbott Laboratories operates within the Healthcare space. Many portfolios hold it for consistency.
From an investment angle, committing $666,666.67 requires conviction in ABT's future.
Disclaimer: Informational only. Not financial advice. Yields vary. Past performance does not guarantee future results.