Ticker: XYLD โข Yield: 10.1% โข Growth (5yr): 0.5%
๐ฐ Net: approx. $846 /mo after tax.
Currently, you need $118,811.88. But if XYLD grows its dividend by 0.5% 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 | $130,812 | +$1,101/mo |
| Year 3 | $158,570 | +$1,335/mo |
| Year 5 | $192,219 | +$1,618/mo |
| Year 10 | $310,980 | +$2,617/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 Global X S&P 500 Covered Call (XYLD), your target portfolio size is around $118,811.88. Note that this math relies on a 10.10% yield.
Investors in the Covered Call ETF sector often watch Global X S&P 500 Covered Call (XYLD). Note that the market prices this with a risk premium.
Why XYLD? Because at $118,811.88 capital, yield stability becomes your best friend.
Disclaimer: Informational only. Not financial advice. Yields vary. Past performance does not guarantee future results.