Ticker: SPHD โข Yield: 4.8% โข Growth (5yr): 2.5%
๐ฐ Net: approx. $2,538 /mo after tax.
Currently, you need $750,000. But if SPHD grows its dividend by 2.5% 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 | $786,000 | +$3,144/mo |
| Year 3 | $863,267 | +$3,453/mo |
| Year 5 | $948,130 | +$3,793/mo |
| Year 10 | $1,198,599 | +$4,794/mo |
โณ You just bought 'Time'. The 9-to-5 grind is now optional.
Dreaming of an extra $3000.00 in monthly cash flow? With Invesco S&P 500 High Dividend Low Volatility (SPHD), a capital allocation of roughly $750,000.00 could get you there. Note that this math relies on a 4.80% yield.
Investors in the Dividend Equity ETF sector often watch Invesco S&P 500 High Dividend Low Volatility (SPHD). It is generally viewed as a stable income generator.
From an investment angle, committing $750,000.00 requires conviction in SPHD's future.
Disclaimer: Informational only. Not financial advice. Yields vary. Past performance does not guarantee future results.