Ticker: GIS โข Yield: 3.1% โข Growth (5yr): 4.0%
๐ฐ Net: approx. $423 /mo after tax.
Currently, you need $193,548.39. But if GIS grows its dividend by 4.0% 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 |
๐ฅ Health Insurance premiums covered. Peace of mind secured.
Dreaming of an extra $500.00 in monthly cash flow? By investing about $193,548.39 in General Mills (GIS), you could theoretically hit that mark. This calculation utilizes the current trailing yield of 3.10%.
General Mills (GIS) is a key player in the Consumer Staples sector. It is generally viewed as a stable income generator.
Why GIS? Because at $193,548.39 capital, yield stability becomes your best friend.
Disclaimer: Informational only. Not financial advice. Yields vary. Past performance does not guarantee future results.