Ticker: XLU โข Yield: 3.3% โข Growth (5yr): 3.2%
๐ฐ Net: approx. $846 /mo after tax.
Currently, you need $363,636.36. But if XLU grows its dividend by 3.2% 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 | $375,636 | +$1,033/mo |
| Year 3 | $400,837 | +$1,102/mo |
| Year 5 | $427,729 | +$1,176/mo |
| Year 10 | $503,119 | +$1,384/mo |
๐ Student loans? Dividends are paying them off for you.
Planning for a reliable $1000.00 monthly income stream? Based on the yield of Utilities Select Sector SPDR Fund (XLU), your target portfolio size is around $363,636.36. We base this on its recent trailing yield of 3.30%.
Investors in the Utilities ETF sector often watch Utilities Select Sector SPDR Fund (XLU). Many portfolios hold it for consistency.
Deploying $363,636.36 is a serious step. Ensure XLU aligns with your risk tolerance.
Disclaimer: Informational only. Not financial advice. Yields vary. Past performance does not guarantee future results.