Ticker: IBM โข Yield: 4.0% โข Growth (5yr): 1.0%
๐ฐ Net: approx. $2,538 /mo after tax.
Currently, you need $900,000. But if IBM grows its dividend by 1.0% 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 | $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 Market crash? Who cares! The cash keeps flowing in.
Looking to cover $3000.00 in monthly bills with dividends? With International Business Machines (IBM), a capital allocation of roughly $900,000.00 could get you there. Note that this math relies on a 4.00% yield.
Investors in the Technology sector often watch International Business Machines (IBM). It combines modern tech growth with shareholder payouts.
Deploying $900,000.00 is a serious step. Ensure IBM aligns with your risk tolerance.
Disclaimer: Informational only. Not financial advice. Yields vary. Past performance does not guarantee future results.