Ticker: RTX โข Yield: 2.4% โข Growth (5yr): 5.0%
๐ฐ Net: approx. $846 /mo after tax.
Currently, you need $500,000. But if RTX grows its dividend by 5.0% 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 | $512,000 | +$1,024/mo |
| Year 3 | $536,871 | +$1,074/mo |
| Year 5 | $562,950 | +$1,126/mo |
| Year 10 | $633,825 | +$1,268/mo |
๐งฑ Mortgage crusher! Your house is basically paying for itself.
Wondering how much capital you need for $1000.00/month? Using RTX Corporation (RTX), you'd need approximately $500,000.00 invested today. This calculation utilizes the current trailing yield of 2.40%.
Traded as RTX, RTX Corporation operates within the Industrials space. Stability is the key trait associated with this ticker.
Why RTX? Because at $500,000.00 capital, yield stability becomes your best friend.
Disclaimer: Informational only. Not financial advice. Yields vary. Past performance does not guarantee future results.