Ticker: XLE โข Yield: 3.6% โข Growth (5yr): 4.5%
๐ฐ Net: approx. $846 /mo after tax.
Currently, you need $333,333.33. But if XLE grows its dividend by 4.5% 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 | $345,333 | +$1,036/mo |
| Year 3 | $370,645 | +$1,112/mo |
| Year 5 | $397,812 | +$1,193/mo |
| Year 10 | $474,762 | +$1,424/mo |
๐งฑ Mortgage crusher! Your house is basically paying for itself.
Looking to cover $1000.00 in monthly bills with dividends? Using Energy Select Sector SPDR Fund (XLE), you'd need approximately $333,333.33 invested today. We base this on its recent trailing yield of 3.60%.
Investors in the Energy ETF sector often watch Energy Select Sector SPDR Fund (XLE). Many portfolios hold it for consistency.
Why XLE? Because at $333,333.33 capital, yield stability becomes your best friend.
Disclaimer: Informational only. Not financial advice. Yields vary. Past performance does not guarantee future results.