Ticker: PFE โข Yield: 6.1% โข Growth (5yr): 2.5%
๐ฐ Net: approx. $2,538 /mo after tax.
Currently, you need $590,163.93. But if PFE grows its dividend by 2.5% 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 | $626,164 | +$3,183/mo |
| Year 3 | $704,886 | +$3,583/mo |
| Year 5 | $793,505 | +$4,034/mo |
| Year 10 | $1,066,907 | +$5,423/mo |
๐ Financial Freedom approaching! You can quit the rat race.
Is your goal to generate $3000.00 every month passively? Using Pfizer Inc. (PFE), you'd need approximately $590,163.93 invested today. This figure assumes the yield holds steady at 6.10%.
Investors in the Healthcare sector often watch Pfizer Inc. (PFE). It is generally viewed as a stable income generator.
From an investment angle, committing $590,163.93 requires conviction in PFE's future.
Disclaimer: Informational only. Not financial advice. Yields vary. Past performance does not guarantee future results.