Ticker: GD โข Yield: 1.9% โข Growth (5yr): 8.0%
๐ฐ Net: approx. $846 /mo after tax.
Currently, you need $631,578.95. But if GD grows its dividend by 8.0% 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 | $643,579 | +$1,019/mo |
| Year 3 | $668,267 | +$1,058/mo |
| Year 5 | $693,903 | +$1,099/mo |
| Year 10 | $762,376 | +$1,207/mo |
๐งฑ Mortgage crusher! Your house is basically paying for itself.
Is your goal to generate $1000.00 every month passively? Based on the yield of General Dynamics (GD), your target portfolio size is around $631,578.95. This figure assumes the yield holds steady at 1.90%.
Investors in the Industrials sector often watch General Dynamics (GD). Stability is the key trait associated with this ticker.
Why GD? Because at $631,578.95 capital, yield stability becomes your best friend.
Disclaimer: Informational only. Not financial advice. Yields vary. Past performance does not guarantee future results.