Ticker: T โข Yield: 6.6% โข Growth (5yr): 1.0%
๐ฐ Net: approx. $2,538 /mo after tax.
Currently, you need $545,454.55. But if T grows its dividend by 1.0% 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 | $581,455 | +$3,198/mo |
| Year 3 | $660,739 | +$3,634/mo |
| Year 5 | $750,835 | +$4,130/mo |
| Year 10 | $1,033,548 | +$5,685/mo |
๐ You are your own boss now. This replaces an average salary.
Looking to cover $3000.00 in monthly bills with dividends? Based on the yield of AT&T Inc. (T), your target portfolio size is around $545,454.55. This calculation utilizes the current trailing yield of 6.60%.
Traded as T, AT&T Inc. operates within the Telecommunications space. Many portfolios hold it for consistency.
From an investment angle, committing $545,454.55 requires conviction in T's future.
Disclaimer: Informational only. Not financial advice. Yields vary. Past performance does not guarantee future results.