Ticker: CVX โข Yield: 3.8% โข Growth (5yr): 6.0%
๐ฐ Net: approx. $846 /mo after tax.
Currently, you need $315,789.47. But if CVX grows its dividend by 6.0% 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 | $327,789 | +$1,038/mo |
| Year 3 | $353,175 | +$1,118/mo |
| Year 5 | $380,526 | +$1,205/mo |
| Year 10 | $458,534 | +$1,452/mo |
๐ Student loans? Dividends are paying them off for you.
Looking to cover $1000.00 in monthly bills with dividends? With Chevron Corporation (CVX), a capital allocation of roughly $315,789.47 could get you there. This calculation utilizes the current trailing yield of 3.80%.
Investors in the Energy sector often watch Chevron Corporation (CVX). Stability is the key trait associated with this ticker.
From an investment angle, committing $315,789.47 requires conviction in CVX's future.
Disclaimer: Informational only. Not financial advice. Yields vary. Past performance does not guarantee future results.