Ticker: ACN โข Yield: 1.5% โข Growth (5yr): 12.0%
๐ฐ Net: approx. $2,538 /mo after tax.
Currently, you need $2,400,000. But if ACN grows its dividend by 12.0% 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 | $2,436,000 | +$3,045/mo |
| Year 3 | $2,509,628 | +$3,137/mo |
| Year 5 | $2,585,482 | +$3,232/mo |
| Year 10 | $2,785,298 | +$3,482/mo |
๐ Market crash? Who cares! The cash keeps flowing in.
Is your goal to generate $3000.00 every month passively? Based on the yield of Accenture plc (ACN), your target portfolio size is around $2,400,000.00. Note that this math relies on a 1.50% yield.
Accenture plc (ACN) is a key player in the Technology sector. Tech dividends like this are prized for potential appreciation.
From an investment angle, committing $2,400,000.00 requires conviction in ACN's future.
Disclaimer: Informational only. Not financial advice. Yields vary. Past performance does not guarantee future results.