Ticker: T โข Yield: 6.6% โข Growth (5yr): 1.0%
๐ฐ Net: approx. $846 /mo after tax.
Currently, you need $181,818.18. But if T 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 | $193,818 | +$1,066/mo |
| Year 3 | $220,246 | +$1,211/mo |
| Year 5 | $250,278 | +$1,377/mo |
| Year 10 | $344,516 | +$1,895/mo |
๐ Rent is FREE! Living cost-free is a superpower.
Looking to cover $1000.00 in monthly bills with dividends? Based on the yield of AT&T Inc. (T), your target portfolio size is around $181,818.18. This calculation utilizes the current trailing yield of 6.60%.
Traded as T, AT&T Inc. operates within the Telecommunications space. Many portfolios hold it for consistency.
From an investment angle, committing $181,818.18 requires conviction in T's future.
Disclaimer: Informational only. Not financial advice. Yields vary. Past performance does not guarantee future results.