Ticker: APD โข Yield: 2.5% โข Growth (5yr): 8.0%
๐ฐ Net: approx. $2,538 /mo after tax.
Currently, you need $1,440,000. But if APD grows its dividend by 8.0% 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 | $1,476,000 | +$3,075/mo |
| Year 3 | $1,550,722 | +$3,231/mo |
| Year 5 | $1,629,228 | +$3,394/mo |
| Year 10 | $1,843,322 | +$3,840/mo |
๐ Market crash? Who cares! The cash keeps flowing in.
Looking to cover $3000.00 in monthly bills with dividends? With Air Products and Chemicals (APD), a capital allocation of roughly $1,440,000.00 could get you there. Note that this math relies on a 2.50% yield.
Investors in the Materials sector often watch Air Products and Chemicals (APD). Stability is the key trait associated with this ticker.
Deploying $1,440,000.00 is a serious step. Ensure APD aligns with your risk tolerance.
Disclaimer: Informational only. Not financial advice. Yields vary. Past performance does not guarantee future results.