Ticker: GIS โข Yield: 3.1% โข Growth (5yr): 4.0%
๐ฐ Net: approx. $2,538 /mo after tax.
Currently, you need $1,161,290.32. But if GIS grows its dividend by 4.0% 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 Financial Freedom approaching! You can quit the rat race.
Dreaming of an extra $3000.00 in monthly cash flow? By investing about $1,161,290.32 in General Mills (GIS), you could theoretically hit that mark. This calculation utilizes the current trailing yield of 3.10%.
General Mills (GIS) is a key player in the Consumer Staples sector. It is generally viewed as a stable income generator.
Why GIS? Because at $1,161,290.32 capital, yield stability becomes your best friend.
Disclaimer: Informational only. Not financial advice. Yields vary. Past performance does not guarantee future results.