Ticker: CMCSA โข Yield: 3.0% โข Growth (5yr): 7.5%
๐ฐ Net: approx. $423 /mo after tax.
Currently, you need $200,000. But if CMCSA grows its dividend by 7.5% 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 | $206,000 | +$515/mo |
| Year 3 | $218,545 | +$546/mo |
| Year 5 | $231,855 | +$580/mo |
| Year 10 | $268,783 | +$672/mo |
โ๏ธ Weekend getaway! You can fly somewhere nice every quarter.
Wondering how much capital you need for $500.00/month? By investing about $200,000.00 in Comcast Corp. (CMCSA), you could theoretically hit that mark. This calculation utilizes the current trailing yield of 3.00%.
Investors in the Communication Services sector often watch Comcast Corp. (CMCSA). Stability is the key trait associated with this ticker.
Deploying $200,000.00 is a serious step. Ensure CMCSA aligns with your risk tolerance.
Disclaimer: Informational only. Not financial advice. Yields vary. Past performance does not guarantee future results.