Ticker: PPL โข Yield: 3.7% โข Growth (5yr): 2.0%
๐ฐ Net: approx. $2,538 /mo after tax.
Currently, you need $972,972.97. But if PPL grows its dividend by 2.0% 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 | $1,008,973 | +$3,111/mo |
| Year 3 | $1,085,018 | +$3,345/mo |
| Year 5 | $1,166,795 | +$3,598/mo |
| Year 10 | $1,399,228 | +$4,314/mo |
๐ Market crash? Who cares! The cash keeps flowing in.
Wondering how much capital you need for $3000.00/month? Using PPL Corporation (PPL), you'd need approximately $972,972.97 invested today. This figure assumes the yield holds steady at 3.70%.
Traded as PPL, PPL Corporation operates within the Utilities space. Many portfolios hold it for consistency.
Why PPL? Because at $972,972.97 capital, yield stability becomes your best friend.
Disclaimer: Informational only. Not financial advice. Yields vary. Past performance does not guarantee future results.