Ticker: GD โข Yield: 1.9% โข Growth (5yr): 8.0%
๐ฐ Net: approx. $2,538 /mo after tax.
Currently, you need $1,894,736.84. But if GD 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 | $1,930,737 | +$3,057/mo |
| Year 3 | $2,004,802 | +$3,174/mo |
| Year 5 | $2,081,708 | +$3,296/mo |
| Year 10 | $2,287,129 | +$3,621/mo |
๐ Financial Freedom approaching! You can quit the rat race.
Is your goal to generate $3000.00 every month passively? Based on the yield of General Dynamics (GD), your target portfolio size is around $1,894,736.84. This figure assumes the yield holds steady at 1.90%.
Investors in the Industrials sector often watch General Dynamics (GD). Stability is the key trait associated with this ticker.
Why GD? Because at $1,894,736.84 capital, yield stability becomes your best friend.
Disclaimer: Informational only. Not financial advice. Yields vary. Past performance does not guarantee future results.