Ticker: JNJ โข Yield: 2.9% โข Growth (5yr): 5.5%
๐ฐ Net: approx. $846 /mo after tax.
Currently, you need $413,793.1. But if JNJ grows its dividend by 5.5% 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 | $425,793 | +$1,029/mo |
| Year 3 | $450,847 | +$1,090/mo |
| Year 5 | $477,375 | +$1,154/mo |
| Year 10 | $550,728 | +$1,331/mo |
๐ Rent is FREE! Living cost-free is a superpower.
Looking to cover $1000.00 in monthly bills with dividends? Using Johnson & Johnson (JNJ), you'd need approximately $413,793.10 invested today. Note that this math relies on a 2.90% yield.
Johnson & Johnson (JNJ) is a key player in the Healthcare sector. Stability is the key trait associated with this ticker.
From an investment angle, committing $413,793.10 requires conviction in JNJ's future.
Disclaimer: Informational only. Not financial advice. Yields vary. Past performance does not guarantee future results.