Ticker: ACN โข Yield: 1.5% โข Growth (5yr): 12.0%
๐ฐ Net: approx. $423 /mo after tax.
Currently, you need $400,000. But if ACN 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 | $406,000 | +$507/mo |
| Year 3 | $418,271 | +$523/mo |
| Year 5 | $430,914 | +$539/mo |
| Year 10 | $464,216 | +$580/mo |
๐ Car payment? Gone. You're effectively driving for free.
Is your goal to generate $500.00 every month passively? Based on the yield of Accenture plc (ACN), your target portfolio size is around $400,000.00. Note that this math relies on a 1.50% yield.
Accenture plc (ACN) is a key player in the Technology sector. Tech dividends like this are prized for potential appreciation.
From an investment angle, committing $400,000.00 requires conviction in ACN's future.
Disclaimer: Informational only. Not financial advice. Yields vary. Past performance does not guarantee future results.