Ticker: BEN โข Yield: 5.2% โข Growth (5yr): 4.0%
๐ฐ Net: approx. $423 /mo after tax.
Currently, you need $115,384.62. But if BEN grows its dividend by 4.0% 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 | $121,385 | +$526/mo |
| Year 3 | $134,337 | +$582/mo |
| Year 5 | $148,671 | +$644/mo |
| Year 10 | $191,560 | +$830/mo |
๐ Car payment? Gone. You're effectively driving for free.
Dreaming of an extra $500.00 in monthly cash flow? Using Franklin Resources (BEN), you'd need approximately $115,384.62 invested today. We base this on its recent trailing yield of 5.20%.
Investors in the Financials sector often watch Franklin Resources (BEN). Stability is the key trait associated with this ticker.
Why BEN? Because at $115,384.62 capital, yield stability becomes your best friend.
Disclaimer: Informational only. Not financial advice. Yields vary. Past performance does not guarantee future results.