Ticker: ADM โข Yield: 2.3% โข Growth (5yr): 6.0%
๐ฐ Net: approx. $423 /mo after tax.
Currently, you need $260,869.57. But if ADM grows its dividend by 6.0% 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 | $266,870 | +$512/mo |
| Year 3 | $279,287 | +$535/mo |
| Year 5 | $292,282 | +$560/mo |
| Year 10 | $327,476 | +$628/mo |
๐ฅ Health Insurance premiums covered. Peace of mind secured.
Planning for a reliable $500.00 monthly income stream? Based on the yield of Archer-Daniels-Midland (ADM), your target portfolio size is around $260,869.57. Note that this math relies on a 2.30% yield.
Archer-Daniels-Midland (ADM) is a key player in the Consumer Staples sector. Stability is the key trait associated with this ticker.
Why ADM? Because at $260,869.57 capital, yield stability becomes your best friend.
Disclaimer: Informational only. Not financial advice. Yields vary. Past performance does not guarantee future results.