Ticker: GPC โข Yield: 2.6% โข Growth (5yr): 5.0%
๐ฐ Net: approx. $846 /mo after tax.
Currently, you need $461,538.46. But if GPC 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 | $473,538 | +$1,026/mo |
| Year 3 | $498,483 | +$1,080/mo |
| Year 5 | $524,741 | +$1,137/mo |
| Year 10 | $596,598 | +$1,293/mo |
๐๏ธ You could live like a king in Bali or Thailand with this cash flow.
Looking to cover $1000.00 in monthly bills with dividends? Using Genuine Parts Company (GPC), you'd need approximately $461,538.46 invested today. This figure assumes the yield holds steady at 2.60%.
Traded as GPC, Genuine Parts Company operates within the Consumer Discretionary space. Stability is the key trait associated with this ticker.
Why GPC? Because at $461,538.46 capital, yield stability becomes your best friend.
Disclaimer: Informational only. Not financial advice. Yields vary. Past performance does not guarantee future results.