Ticker: CAT โข Yield: 1.8% โข Growth (5yr): 8.5%
๐ฐ Net: approx. $2,538 /mo after tax.
Currently, you need $2,000,000. But if CAT grows its dividend by 8.5% 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 | $2,036,000 | +$3,054/mo |
| Year 3 | $2,109,956 | +$3,165/mo |
| Year 5 | $2,186,598 | +$3,280/mo |
| Year 10 | $2,390,605 | +$3,586/mo |
๐ Market crash? Who cares! The cash keeps flowing in.
Planning for a reliable $3000.00 monthly income stream? Based on the yield of Caterpillar Inc. (CAT), your target portfolio size is around $2,000,000.00. This figure assumes the yield holds steady at 1.80%.
Investors in the Industrials sector often watch Caterpillar Inc. (CAT). It is generally viewed as a stable income generator.
From an investment angle, committing $2,000,000.00 requires conviction in CAT's future.
Disclaimer: Informational only. Not financial advice. Yields vary. Past performance does not guarantee future results.