Ticker: ABT โข Yield: 1.8% โข Growth (5yr): 12.0%
๐ฐ Net: approx. $423 /mo after tax.
Currently, you need $333,333.33. But if ABT grows its dividend by 12.0% 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 | $339,333 | +$509/mo |
| Year 3 | $351,659 | +$527/mo |
| Year 5 | $364,433 | +$547/mo |
| Year 10 | $398,434 | +$598/mo |
โ๏ธ Weekend getaway! You can fly somewhere nice every quarter.
Looking to cover $500.00 in monthly bills with dividends? With Abbott Laboratories (ABT), a capital allocation of roughly $333,333.33 could get you there. We base this on its recent trailing yield of 1.80%.
Traded as ABT, Abbott Laboratories operates within the Healthcare space. Many portfolios hold it for consistency.
From an investment angle, committing $333,333.33 requires conviction in ABT's future.
Disclaimer: Informational only. Not financial advice. Yields vary. Past performance does not guarantee future results.