Ticker: DVY โข Yield: 3.9% โข Growth (5yr): 5.0%
๐ฐ Net: approx. $423 /mo after tax.
Currently, you need $153,846.15. But if DVY 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 | $159,846 | +$520/mo |
| Year 3 | $172,557 | +$561/mo |
| Year 5 | $186,279 | +$605/mo |
| Year 10 | $225,550 | +$733/mo |
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Dreaming of an extra $500.00 in monthly cash flow? Using iShares Select Dividend ETF (DVY), you'd need approximately $153,846.15 invested today. This calculation utilizes the current trailing yield of 3.90%.
iShares Select Dividend ETF (DVY) is a key player in the Dividend Equity ETF sector. It is generally viewed as a stable income generator.
Deploying $153,846.15 is a serious step. Ensure DVY aligns with your risk tolerance.
Disclaimer: Informational only. Not financial advice. Yields vary. Past performance does not guarantee future results.