Ticker: CSCO โข Yield: 3.1% โข Growth (5yr): 3.0%
๐ฐ Net: approx. $846 /mo after tax.
Currently, you need $387,096.77. But if CSCO grows its dividend by 3.0% 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 | $399,097 | +$1,031/mo |
| Year 3 | $424,224 | +$1,096/mo |
| Year 5 | $450,934 | +$1,165/mo |
| Year 10 | $525,299 | +$1,357/mo |
๐ Rent is FREE! Living cost-free is a superpower.
Wondering how much capital you need for $1000.00/month? By investing about $387,096.77 in Cisco Systems (CSCO), you could theoretically hit that mark. This figure assumes the yield holds steady at 3.10%.
Cisco Systems (CSCO) is a key player in the Technology sector. It is often looked at for a blend of growth and income.
From an investment angle, committing $387,096.77 requires conviction in CSCO's future.
Disclaimer: Informational only. Not financial advice. Yields vary. Past performance does not guarantee future results.