Ticker: GIS โข Yield: 3.1% โข Growth (5yr): 4.0%
๐ฐ Net: approx. $846 /mo after tax.
Currently, you need $387,096.77. But if GIS grows its dividend by 4.0% 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 | $399,097 | +$1,031/mo |
| Year 3 | $424,224 | +$1,096/mo |
| Year 5 | $450,934 | +$1,165/mo |
| Year 10 | $525,299 | +$1,357/mo |
๐ Rent is FREE! Living cost-free is a superpower.
Dreaming of an extra $1000.00 in monthly cash flow? By investing about $387,096.77 in General Mills (GIS), you could theoretically hit that mark. This calculation utilizes the current trailing yield of 3.10%.
General Mills (GIS) is a key player in the Consumer Staples sector. It is generally viewed as a stable income generator.
Why GIS? Because at $387,096.77 capital, yield stability becomes your best friend.
Disclaimer: Informational only. Not financial advice. Yields vary. Past performance does not guarantee future results.