Ticker: CSCO โข Yield: 3.1% โข Growth (5yr): 3.0%
๐ฐ Net: approx. $423 /mo after tax.
Currently, you need $193,548.39. But if CSCO grows its dividend by 3.0% 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 | $199,548 | +$515/mo |
| Year 3 | $212,112 | +$548/mo |
| Year 5 | $225,467 | +$582/mo |
| Year 10 | $262,649 | +$679/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 $193,548.39 in Cisco Systems (CSCO), you could theoretically hit that mark. This figure assumes the yield holds steady at 3.10%.
Cisco Systems (CSCO) is a key player in the Technology sector. It is often looked at for a blend of growth and income.
From an investment angle, committing $193,548.39 requires conviction in CSCO's future.
Disclaimer: Informational only. Not financial advice. Yields vary. Past performance does not guarantee future results.