Ticker: PPL โข Yield: 3.7% โข Growth (5yr): 2.0%
๐ฐ Net: approx. $846 /mo after tax.
Currently, you need $324,324.32. But if PPL grows its dividend by 2.0% 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 | $336,324 | +$1,037/mo |
| Year 3 | $361,673 | +$1,115/mo |
| Year 5 | $388,932 | +$1,199/mo |
| Year 10 | $466,409 | +$1,438/mo |
๐งฑ Mortgage crusher! Your house is basically paying for itself.
Wondering how much capital you need for $1000.00/month? Using PPL Corporation (PPL), you'd need approximately $324,324.32 invested today. This figure assumes the yield holds steady at 3.70%.
Traded as PPL, PPL Corporation operates within the Utilities space. Many portfolios hold it for consistency.
Why PPL? Because at $324,324.32 capital, yield stability becomes your best friend.
Disclaimer: Informational only. Not financial advice. Yields vary. Past performance does not guarantee future results.