Ticker: O โข Yield: 5.4% โข Growth (5yr): 3.2%
๐ฐ Net: approx. $2,538 /mo after tax.
Currently, you need $666,666.67. But if O grows its dividend by 3.2% 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 | $702,667 | +$3,162/mo |
| Year 3 | $780,604 | +$3,513/mo |
| Year 5 | $867,185 | +$3,902/mo |
| Year 10 | $1,128,015 | +$5,076/mo |
๐ You are your own boss now. This replaces an average salary.
Is your goal to generate $3000.00 every month passively? Using Realty Income Corporation (O), you'd need approximately $666,666.67 invested today. Note that this math relies on a 5.40% yield.
Realty Income Corporation (O) is a key player in the Real Estate Investment Trust sector. It is generally viewed as a stable income generator.
Why O? Because at $666,666.67 capital, yield stability becomes your best friend.
Disclaimer: Informational only. Not financial advice. Yields vary. Past performance does not guarantee future results.