Ticker: SPLV โข Yield: 2.6% โข Growth (5yr): 5.0%
๐ฐ Net: approx. $846 /mo after tax.
Currently, you need $461,538.46. But if SPLV 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 | $473,538 | +$1,026/mo |
| Year 3 | $498,483 | +$1,080/mo |
| Year 5 | $524,741 | +$1,137/mo |
| Year 10 | $596,598 | +$1,293/mo |
๐ Student loans? Dividends are paying them off for you.
Planning for a reliable $1000.00 monthly income stream? With Invesco S&P 500 Low Volatility ETF (SPLV), a capital allocation of roughly $461,538.46 could get you there. We base this on its recent trailing yield of 2.60%.
Invesco S&P 500 Low Volatility ETF (SPLV) is a key player in the Low Volatility ETF sector. Stability is the key trait associated with this ticker.
Deploying $461,538.46 is a serious step. Ensure SPLV aligns with your risk tolerance.
Disclaimer: Informational only. Not financial advice. Yields vary. Past performance does not guarantee future results.