Ticker: MS โข Yield: 3.5% โข Growth (5yr): 10.0%
๐ฐ Net: approx. $2,538 /mo after tax.
Currently, you need $1,028,571.43. But if MS grows its dividend by 10.0% 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 | $1,064,571 | +$3,105/mo |
| Year 3 | $1,140,396 | +$3,326/mo |
| Year 5 | $1,221,620 | +$3,563/mo |
| Year 10 | $1,450,902 | +$4,232/mo |
โณ You just bought 'Time'. The 9-to-5 grind is now optional.
Is your goal to generate $3000.00 every month passively? By investing about $1,028,571.43 in Morgan Stanley (MS), you could theoretically hit that mark. This figure assumes the yield holds steady at 3.50%.
Investors in the Financials sector often watch Morgan Stanley (MS). Stability is the key trait associated with this ticker.
From an investment angle, committing $1,028,571.43 requires conviction in MS's future.
Disclaimer: Informational only. Not financial advice. Yields vary. Past performance does not guarantee future results.