Ticker: CVS โข Yield: 3.7% โข Growth (5yr): 5.0%
๐ฐ Net: approx. $423 /mo after tax.
Currently, you need $162,162.16. But if CVS grows its dividend by 5.0% 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 | $168,162 | +$518/mo |
| Year 3 | $180,836 | +$558/mo |
| Year 5 | $194,466 | +$600/mo |
| Year 10 | $233,205 | +$719/mo |
โ๏ธ Weekend getaway! You can fly somewhere nice every quarter.
Planning for a reliable $500.00 monthly income stream? Based on the yield of CVS Health Corp (CVS), your target portfolio size is around $162,162.16. We base this on its recent trailing yield of 3.70%.
Investors in the Healthcare sector often watch CVS Health Corp (CVS). Stability is the key trait associated with this ticker.
Why CVS? Because at $162,162.16 capital, yield stability becomes your best friend.
Disclaimer: Informational only. Not financial advice. Yields vary. Past performance does not guarantee future results.