Ticker: QCOM โข Yield: 2.4% โข Growth (5yr): 8.0%
๐ฐ Net: approx. $2,538 /mo after tax.
Currently, you need $1,500,000. But if QCOM grows its dividend by 8.0% 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 | $1,536,000 | +$3,072/mo |
| Year 3 | $1,610,613 | +$3,221/mo |
| Year 5 | $1,688,850 | +$3,378/mo |
| Year 10 | $1,901,476 | +$3,803/mo |
๐ You are your own boss now. This replaces an average salary.
Planning for a reliable $3000.00 monthly income stream? By investing about $1,500,000.00 in Qualcomm (QCOM), you could theoretically hit that mark. Note that this math relies on a 2.40% yield.
Investors in the Technology sector often watch Qualcomm (QCOM). It combines modern tech growth with shareholder payouts.
Deploying $1,500,000.00 is a serious step. Ensure QCOM aligns with your risk tolerance.
Disclaimer: Informational only. Not financial advice. Yields vary. Past performance does not guarantee future results.