Ticker: SDY โข Yield: 2.8% โข Growth (5yr): 6.0%
๐ฐ Net: approx. $2,538 /mo after tax.
Currently, you need $1,285,714.29. But if SDY grows its dividend by 6.0% 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 | $1,321,714 | +$3,084/mo |
| Year 3 | $1,396,767 | +$3,259/mo |
| Year 5 | $1,476,080 | +$3,444/mo |
| Year 10 | $1,694,633 | +$3,954/mo |
๐ You are your own boss now. This replaces an average salary.
Planning for a reliable $3000.00 monthly income stream? Using SPDR S&P Dividend ETF (SDY), you'd need approximately $1,285,714.29 invested today. This figure assumes the yield holds steady at 2.80%.
SPDR S&P Dividend ETF (SDY) is a key player in the Dividend Aristocrats ETF sector. Stability is the key trait associated with this ticker.
Deploying $1,285,714.29 is a serious step. Ensure SDY aligns with your risk tolerance.
Disclaimer: Informational only. Not financial advice. Yields vary. Past performance does not guarantee future results.