Ticker: AOS โข Yield: 1.7% โข Growth (5yr): 10.0%
๐ฐ Net: approx. $2,538 /mo after tax.
Currently, you need $2,117,647.06. But if AOS grows its dividend by 10.0% 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 | $2,153,647 | +$3,051/mo |
| Year 3 | $2,227,493 | +$3,156/mo |
| Year 5 | $2,303,872 | +$3,264/mo |
| Year 10 | $2,506,473 | +$3,551/mo |
๐ You are your own boss now. This replaces an average salary.
Is your goal to generate $3000.00 every month passively? By investing about $2,117,647.06 in A.O. Smith Corp (AOS), you could theoretically hit that mark. This figure assumes the yield holds steady at 1.70%.
A.O. Smith Corp (AOS) is a key player in the Industrials sector. It is generally viewed as a stable income generator.
Deploying $2,117,647.06 is a serious step. Ensure AOS aligns with your risk tolerance.
Disclaimer: Informational only. Not financial advice. Yields vary. Past performance does not guarantee future results.