Ticker: ADM โข Yield: 2.3% โข Growth (5yr): 6.0%
๐ฐ Net: approx. $2,538 /mo after tax.
Currently, you need $1,565,217.39. But if ADM grows its dividend by 6.0% 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 | $1,601,217 | +$3,069/mo |
| Year 3 | $1,675,720 | +$3,212/mo |
| Year 5 | $1,753,690 | +$3,361/mo |
| Year 10 | $1,964,857 | +$3,766/mo |
๐ Financial Freedom approaching! You can quit the rat race.
Planning for a reliable $3000.00 monthly income stream? Based on the yield of Archer-Daniels-Midland (ADM), your target portfolio size is around $1,565,217.39. Note that this math relies on a 2.30% yield.
Archer-Daniels-Midland (ADM) is a key player in the Consumer Staples sector. Stability is the key trait associated with this ticker.
Why ADM? Because at $1,565,217.39 capital, yield stability becomes your best friend.
Disclaimer: Informational only. Not financial advice. Yields vary. Past performance does not guarantee future results.