Ticker: LMT โข Yield: 2.8% โข Growth (5yr): 7.0%
๐ฐ Net: approx. $2,538 /mo after tax.
Currently, you need $1,285,714.29. But if LMT grows its dividend by 7.0% 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 | $1,321,714 | +$3,084/mo |
| Year 3 | $1,396,767 | +$3,259/mo |
| Year 5 | $1,476,080 | +$3,444/mo |
| Year 10 | $1,694,633 | +$3,954/mo |
๐ Market crash? Who cares! The cash keeps flowing in.
Is your goal to generate $3000.00 every month passively? With Lockheed Martin (LMT), a capital allocation of roughly $1,285,714.29 could get you there. Note that this math relies on a 2.80% yield.
Lockheed Martin (LMT) is a key player in the Industrials sector. Stability is the key trait associated with this ticker.
Why LMT? Because at $1,285,714.29 capital, yield stability becomes your best friend.
Disclaimer: Informational only. Not financial advice. Yields vary. Past performance does not guarantee future results.