Ticker: BST โข Yield: 8.2% โข Growth (5yr): 4.0%
๐ฐ Net: approx. $846 /mo after tax.
Currently, you need $146,341.46. But if BST grows its dividend by 4.0% 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 | $158,341 | +$1,082/mo |
| Year 3 | $185,374 | +$1,267/mo |
| Year 5 | $217,022 | +$1,483/mo |
| Year 10 | $321,840 | +$2,199/mo |
๐งฑ Mortgage crusher! Your house is basically paying for itself.
Wondering how much capital you need for $1000.00/month? By investing about $146,341.46 in BlackRock Science & Tech Trust (BST), you could theoretically hit that mark. This calculation utilizes the current trailing yield of 8.20%.
BlackRock Science & Tech Trust (BST) is a key player in the CEF (Technology) sector. However, its high yield suggests higher volatility.
Why BST? Because at $146,341.46 capital, yield stability becomes your best friend.
Disclaimer: Informational only. Not financial advice. Yields vary. Past performance does not guarantee future results.