Ticker: HDV โข Yield: 4.0% โข Growth (5yr): 3.5%
๐ฐ Net: approx. $2,538 /mo after tax.
Currently, you need $900,000. But if HDV grows its dividend by 3.5% 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 | $936,000 | +$3,120/mo |
| Year 3 | $1,012,378 | +$3,375/mo |
| Year 5 | $1,094,988 | +$3,650/mo |
| Year 10 | $1,332,220 | +$4,441/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 iShares Core High Dividend ETF (HDV), your target portfolio size is around $900,000.00. We base this on its recent trailing yield of 4.00%.
iShares Core High Dividend ETF (HDV) is a key player in the Dividend Equity ETF sector. It is generally viewed as a stable income generator.
Why HDV? Because at $900,000.00 capital, yield stability becomes your best friend.
Disclaimer: Informational only. Not financial advice. Yields vary. Past performance does not guarantee future results.