Ticker: LTC โข Yield: 6.2% โข Growth (5yr): 1.0%
๐ฐ Net: approx. $846 /mo after tax.
Currently, you need $193,548.39. But if LTC 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 | $205,548 | +$1,062/mo |
| Year 3 | $231,827 | +$1,198/mo |
| Year 5 | $261,464 | +$1,351/mo |
| Year 10 | $353,211 | +$1,825/mo |
๐ Student loans? Dividends are paying them off for you.
Wondering how much capital you need for $1000.00/month? By investing about $193,548.39 in LTC Properties (LTC), you could theoretically hit that mark. This calculation utilizes the current trailing yield of 6.20%.
LTC Properties (LTC) is a key player in the Healthcare REIT sector. Many portfolios hold it for consistency.
Deploying $193,548.39 is a serious step. Ensure LTC aligns with your risk tolerance.
Disclaimer: Informational only. Not financial advice. Yields vary. Past performance does not guarantee future results.