Ticker: CSCO โข Yield: 3.1% โข Growth (5yr): 3.0%
๐ฐ Net: approx. $2,538 /mo after tax.
Currently, you need $1,161,290.32. But if CSCO grows its dividend by 3.0% 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 | $1,197,290 | +$3,093/mo |
| Year 3 | $1,272,673 | +$3,288/mo |
| Year 5 | $1,352,802 | +$3,495/mo |
| Year 10 | $1,575,896 | +$4,071/mo |
๐ Market crash? Who cares! The cash keeps flowing in.
Wondering how much capital you need for $3000.00/month? By investing about $1,161,290.32 in Cisco Systems (CSCO), you could theoretically hit that mark. This figure assumes the yield holds steady at 3.10%.
Cisco Systems (CSCO) is a key player in the Technology sector. It is often looked at for a blend of growth and income.
From an investment angle, committing $1,161,290.32 requires conviction in CSCO's future.
Disclaimer: Informational only. Not financial advice. Yields vary. Past performance does not guarantee future results.