Ticker: DIVO โข Yield: 4.6% โข Growth (5yr): 5.5%
๐ฐ Net: approx. $2,538 /mo after tax.
Currently, you need $782,608.7. But if DIVO grows its dividend by 5.5% 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 | $818,609 | +$3,138/mo |
| Year 3 | $895,653 | +$3,433/mo |
| Year 5 | $979,948 | +$3,756/mo |
| Year 10 | $1,227,048 | +$4,704/mo |
๐ Financial Freedom approaching! You can quit the rat race.
Looking to cover $3000.00 in monthly bills with dividends? By investing about $782,608.70 in Amplify CWP Enhanced Dividend Income (DIVO), you could theoretically hit that mark. We base this on its recent trailing yield of 4.60%.
Investors in the Covered Call ETF sector often watch Amplify CWP Enhanced Dividend Income (DIVO). Stability is the key trait associated with this ticker.
From an investment angle, committing $782,608.70 requires conviction in DIVO's future.
Disclaimer: Informational only. Not financial advice. Yields vary. Past performance does not guarantee future results.