Ticker: DVY โข Yield: 3.9% โข Growth (5yr): 5.0%
๐ฐ Net: approx. $846 /mo after tax.
Currently, you need $307,692.31. But if DVY 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 | $319,692 | +$1,039/mo |
| Year 3 | $345,115 | +$1,122/mo |
| Year 5 | $372,558 | +$1,211/mo |
| Year 10 | $451,099 | +$1,466/mo |
๐ Rent is FREE! Living cost-free is a superpower.
Dreaming of an extra $1000.00 in monthly cash flow? Using iShares Select Dividend ETF (DVY), you'd need approximately $307,692.31 invested today. This calculation utilizes the current trailing yield of 3.90%.
iShares Select Dividend ETF (DVY) is a key player in the Dividend Equity ETF sector. It is generally viewed as a stable income generator.
Deploying $307,692.31 is a serious step. Ensure DVY aligns with your risk tolerance.
Disclaimer: Informational only. Not financial advice. Yields vary. Past performance does not guarantee future results.