Ticker: SPG โข Yield: 6.0% โข Growth (5yr): 4.0%
๐ฐ Net: approx. $2,538 /mo after tax.
This SPG dividend could also pay for your Samsung S24 Ultra (Monthly) bill! See Plan →
Currently, you need $600,000. But if SPG grows its dividend by 4.0% 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 | $636,000 | +$3,180/mo |
| Year 3 | $714,610 | +$3,573/mo |
| Year 5 | $802,935 | +$4,015/mo |
| Year 10 | $1,074,509 | +$5,373/mo |
๐ Financial Freedom approaching! You can quit the rat race.
Is your goal to generate $3000.00 every month passively? By investing about $600,000.00 in Simon Property Group (SPG), you could theoretically hit that mark. This figure assumes the yield holds steady at 6.00%.
Simon Property Group (SPG) is a key player in the Retail REIT sector. It is generally viewed as a stable income generator.
Why SPG? Because at $600,000.00 capital, yield stability becomes your best friend.
Disclaimer: Informational only. Not financial advice. Yields vary. Past performance does not guarantee future results.