Ticker: IBM โข Yield: 4.0% โข Growth (5yr): 1.0%
๐ฐ Net: approx. $846 /mo after tax.
Currently, you need $300,000. But if IBM grows its dividend by 1.0% 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 | $312,000 | +$1,040/mo |
| Year 3 | $337,459 | +$1,125/mo |
| Year 5 | $364,996 | +$1,217/mo |
| Year 10 | $444,073 | +$1,480/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? With International Business Machines (IBM), a capital allocation of roughly $300,000.00 could get you there. Note that this math relies on a 4.00% yield.
Investors in the Technology sector often watch International Business Machines (IBM). It combines modern tech growth with shareholder payouts.
Deploying $300,000.00 is a serious step. Ensure IBM aligns with your risk tolerance.
Disclaimer: Informational only. Not financial advice. Yields vary. Past performance does not guarantee future results.