Ticker: GD โข Yield: 1.9% โข Growth (5yr): 8.0%
๐ฐ Net: approx. $423 /mo after tax.
Currently, you need $315,789.47. But if GD grows its dividend by 8.0% 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 | $321,789 | +$510/mo |
| Year 3 | $334,134 | +$529/mo |
| Year 5 | $346,951 | +$549/mo |
| Year 10 | $381,188 | +$604/mo |
๐ Car payment? Gone. You're effectively driving for free.
Is your goal to generate $500.00 every month passively? Based on the yield of General Dynamics (GD), your target portfolio size is around $315,789.47. This figure assumes the yield holds steady at 1.90%.
Investors in the Industrials sector often watch General Dynamics (GD). Stability is the key trait associated with this ticker.
Why GD? Because at $315,789.47 capital, yield stability becomes your best friend.
Disclaimer: Informational only. Not financial advice. Yields vary. Past performance does not guarantee future results.