Ticker: PG โข Yield: 2.5% โข Growth (5yr): 5.5%
๐ฐ Net: approx. $2,538 /mo after tax.
Currently, you need $1,440,000. But if PG grows its dividend by 5.5% 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 | $1,476,000 | +$3,075/mo |
| Year 3 | $1,550,722 | +$3,231/mo |
| Year 5 | $1,629,228 | +$3,394/mo |
| Year 10 | $1,843,322 | +$3,840/mo |
๐ You are your own boss now. This replaces an average salary.
Looking to cover $3000.00 in monthly bills with dividends? Based on the yield of Procter & Gamble (PG), your target portfolio size is around $1,440,000.00. Note that this math relies on a 2.50% yield.
Investors in the Consumer Staples sector often watch Procter & Gamble (PG). Stability is the key trait associated with this ticker.
Deploying $1,440,000.00 is a serious step. Ensure PG aligns with your risk tolerance.
Disclaimer: Informational only. Not financial advice. Yields vary. Past performance does not guarantee future results.