Ticker: AVGO โข Yield: 1.7% โข Growth (5yr): 15.0%
๐ฐ Net: approx. $846 /mo after tax.
Currently, you need $705,882.35. But if AVGO grows its dividend by 15.0% 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๏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? Based on the yield of Broadcom Inc. (AVGO), your target portfolio size is around $705,882.35. We base this on its recent trailing yield of 1.70%.
Traded as AVGO, Broadcom Inc. operates within the Technology space. It is often looked at for a blend of growth and income.
From an investment angle, committing $705,882.35 requires conviction in AVGO's future.
Disclaimer: Informational only. Not financial advice. Yields vary. Past performance does not guarantee future results.