Ticker: MAIN โข Yield: 6.8% โข Growth (5yr): 2.8%
๐ฐ Net: approx. $846 /mo after tax.
Currently, you need $176,470.59. But if MAIN grows its dividend by 2.8% 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 | $188,471 | +$1,068/mo |
| Year 3 | $214,974 | +$1,218/mo |
| Year 5 | $245,205 | +$1,389/mo |
| Year 10 | $340,710 | +$1,931/mo |
๐ Rent is FREE! Living cost-free is a superpower.
Is your goal to generate $1000.00 every month passively? Based on the yield of Main Street Capital (MAIN), your target portfolio size is around $176,470.59. This calculation utilizes the current trailing yield of 6.80%.
Traded as MAIN, Main Street Capital operates within the Business Development Company space. Many portfolios hold it for consistency.
Deploying $176,470.59 is a serious step. Ensure MAIN aligns with your risk tolerance.
Disclaimer: Informational only. Not financial advice. Yields vary. Past performance does not guarantee future results.