Ticker: FAST โข Yield: 2.2% โข Growth (5yr): 12.0%
๐ฐ Net: approx. $846 /mo after tax.
Currently, you need $545,454.55. But if FAST grows its dividend by 12.0% 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 | $557,455 | +$1,022/mo |
| Year 3 | $582,252 | +$1,067/mo |
| Year 5 | $608,153 | +$1,115/mo |
| Year 10 | $678,059 | +$1,243/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 Fastenal Company (FAST), your target portfolio size is around $545,454.55. Note that this math relies on a 2.20% yield.
Fastenal Company (FAST) is a key player in the Industrials sector. Many portfolios hold it for consistency.
Why FAST? Because at $545,454.55 capital, yield stability becomes your best friend.
Disclaimer: Informational only. Not financial advice. Yields vary. Past performance does not guarantee future results.