Ticker: CVS โข Yield: 3.7% โข Growth (5yr): 5.0%
๐ฐ Net: approx. $2,538 /mo after tax.
Currently, you need $972,972.97. But if CVS grows its dividend by 5.0% 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 | $1,008,973 | +$3,111/mo |
| Year 3 | $1,085,018 | +$3,345/mo |
| Year 5 | $1,166,795 | +$3,598/mo |
| Year 10 | $1,399,228 | +$4,314/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 CVS Health Corp (CVS), your target portfolio size is around $972,972.97. We base this on its recent trailing yield of 3.70%.
Investors in the Healthcare sector often watch CVS Health Corp (CVS). Stability is the key trait associated with this ticker.
Why CVS? Because at $972,972.97 capital, yield stability becomes your best friend.
Disclaimer: Informational only. Not financial advice. Yields vary. Past performance does not guarantee future results.