Ticker: CVS โข Yield: 3.7% โข Growth (5yr): 5.0%
๐ฐ Net: approx. $846 /mo after tax.
Currently, you need $324,324.32. But if CVS grows its dividend by 5.0% 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 | $336,324 | +$1,037/mo |
| Year 3 | $361,673 | +$1,115/mo |
| Year 5 | $388,932 | +$1,199/mo |
| Year 10 | $466,409 | +$1,438/mo |
๐ Rent is FREE! Living cost-free is a superpower.
Planning for a reliable $1000.00 monthly income stream? Based on the yield of CVS Health Corp (CVS), your target portfolio size is around $324,324.32. We base this on its recent trailing yield of 3.70%.
Investors in the Healthcare sector often watch CVS Health Corp (CVS). Stability is the key trait associated with this ticker.
Why CVS? Because at $324,324.32 capital, yield stability becomes your best friend.
Disclaimer: Informational only. Not financial advice. Yields vary. Past performance does not guarantee future results.