Ticker: CVX โข Yield: 3.8% โข Growth (5yr): 6.0%
๐ฐ Net: approx. $423 /mo after tax.
Currently, you need $157,894.74. But if CVX 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 | $163,895 | +$519/mo |
| Year 3 | $176,587 | +$559/mo |
| Year 5 | $190,263 | +$602/mo |
| Year 10 | $229,267 | +$726/mo |
๐ฅ Health Insurance premiums covered. Peace of mind secured.
Looking to cover $500.00 in monthly bills with dividends? With Chevron Corporation (CVX), a capital allocation of roughly $157,894.74 could get you there. This calculation utilizes the current trailing yield of 3.80%.
Investors in the Energy sector often watch Chevron Corporation (CVX). Stability is the key trait associated with this ticker.
From an investment angle, committing $157,894.74 requires conviction in CVX's future.
Disclaimer: Informational only. Not financial advice. Yields vary. Past performance does not guarantee future results.