Ticker: DGRO โข Yield: 2.4% โข Growth (5yr): 9.6%
๐ฐ Net: approx. $846 /mo after tax.
Currently, you need $500,000. But if DGRO grows its dividend by 9.6% 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 | $512,000 | +$1,024/mo |
| Year 3 | $536,871 | +$1,074/mo |
| Year 5 | $562,950 | +$1,126/mo |
| Year 10 | $633,825 | +$1,268/mo |
๐ Rent is FREE! Living cost-free is a superpower.
Planning for a reliable $1000.00 monthly income stream? With iShares Core Dividend Growth ETF (DGRO), a capital allocation of roughly $500,000.00 could get you there. This figure assumes the yield holds steady at 2.40%.
Investors in the Dividend Growth ETF sector often watch iShares Core Dividend Growth ETF (DGRO). Stability is the key trait associated with this ticker.
Why DGRO? Because at $500,000.00 capital, yield stability becomes your best friend.
Disclaimer: Informational only. Not financial advice. Yields vary. Past performance does not guarantee future results.