Ticker: ACN โข Yield: 1.5% โข Growth (5yr): 12.0%
๐ฐ Net: approx. $846 /mo after tax.
Currently, you need $800,000. But if ACN 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 | $812,000 | +$1,015/mo |
| Year 3 | $836,543 | +$1,046/mo |
| Year 5 | $861,827 | +$1,077/mo |
| Year 10 | $928,433 | +$1,161/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 Accenture plc (ACN), your target portfolio size is around $800,000.00. Note that this math relies on a 1.50% yield.
Accenture plc (ACN) is a key player in the Technology sector. Tech dividends like this are prized for potential appreciation.
From an investment angle, committing $800,000.00 requires conviction in ACN's future.
Disclaimer: Informational only. Not financial advice. Yields vary. Past performance does not guarantee future results.