Ticker: XYLD โข Yield: 10.1% โข Growth (5yr): 0.5%
๐ฐ Net: approx. $2,538 /mo after tax.
Currently, you need $356,435.64. But if XYLD grows its dividend by 0.5% 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 | $392,436 | +$3,303/mo |
| Year 3 | $475,711 | +$4,004/mo |
| Year 5 | $576,657 | +$4,854/mo |
| Year 10 | $932,941 | +$7,852/mo |
๐ Financial Freedom approaching! You can quit the rat race.
Looking to cover $3000.00 in monthly bills with dividends? Based on the yield of Global X S&P 500 Covered Call (XYLD), your target portfolio size is around $356,435.64. Note that this math relies on a 10.10% yield.
Investors in the Covered Call ETF sector often watch Global X S&P 500 Covered Call (XYLD). Note that the market prices this with a risk premium.
Why XYLD? Because at $356,435.64 capital, yield stability becomes your best friend.
Disclaimer: Informational only. Not financial advice. Yields vary. Past performance does not guarantee future results.