Ticker: AAPL โข Yield: 0.6% โข Growth (5yr): 5.0%
๐ฐ Net: approx. $2,538 /mo after tax.
Currently, you need $6,000,000. But if AAPL 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 | $6,036,000 | +$3,018/mo |
| Year 3 | $6,108,649 | +$3,054/mo |
| Year 5 | $6,182,173 | +$3,091/mo |
| Year 10 | $6,369,877 | +$3,185/mo |
๐ You are your own boss now. This replaces an average salary.
Planning for a reliable $3000.00 monthly income stream? With Apple Inc. (AAPL), a capital allocation of roughly $6,000,000.00 could get you there. This calculation utilizes the current trailing yield of 0.60%.
Traded as AAPL, Apple Inc. operates within the Technology space. It is often looked at for a blend of growth and income.
Why AAPL? Because at $6,000,000.00 capital, yield stability becomes your best friend.
Disclaimer: Informational only. Not financial advice. Yields vary. Past performance does not guarantee future results.