Ticker: HON โข Yield: 2.0% โข Growth (5yr): 5.0%
๐ฐ Net: approx. $2,538 /mo after tax.
Currently, you need $1,800,000. But if HON 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 | $1,836,000 | +$3,060/mo |
| Year 3 | $1,910,174 | +$3,184/mo |
| Year 5 | $1,987,345 | +$3,312/mo |
| Year 10 | $2,194,190 | +$3,657/mo |
๐ You are your own boss now. This replaces an average salary.
Dreaming of an extra $3000.00 in monthly cash flow? Using Honeywell International (HON), you'd need approximately $1,800,000.00 invested today. This calculation utilizes the current trailing yield of 2.00%.
Investors in the Industrials sector often watch Honeywell International (HON). Many portfolios hold it for consistency.
Deploying $1,800,000.00 is a serious step. Ensure HON aligns with your risk tolerance.
Disclaimer: Informational only. Not financial advice. Yields vary. Past performance does not guarantee future results.