Ticker: AOS โข Yield: 1.7% โข Growth (5yr): 10.0%
๐ฐ Net: approx. $846 /mo after tax.
Currently, you need $705,882.35. But if AOS grows its dividend by 10.0% 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 | $717,882 | +$1,017/mo |
| Year 3 | $742,498 | +$1,052/mo |
| Year 5 | $767,957 | +$1,088/mo |
| Year 10 | $835,491 | +$1,184/mo |
๐ Rent is FREE! Living cost-free is a superpower.
Is your goal to generate $1000.00 every month passively? By investing about $705,882.35 in A.O. Smith Corp (AOS), you could theoretically hit that mark. This figure assumes the yield holds steady at 1.70%.
A.O. Smith Corp (AOS) is a key player in the Industrials sector. It is generally viewed as a stable income generator.
Deploying $705,882.35 is a serious step. Ensure AOS aligns with your risk tolerance.
Disclaimer: Informational only. Not financial advice. Yields vary. Past performance does not guarantee future results.