Ticker: JNJ โข Yield: 2.9% โข Growth (5yr): 5.5%
๐ฐ Net: approx. $423 /mo after tax.
Currently, you need $206,896.55. But if JNJ grows its dividend by 5.5% 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 | $212,897 | +$514/mo |
| Year 3 | $225,424 | +$545/mo |
| Year 5 | $238,688 | +$577/mo |
| Year 10 | $275,364 | +$665/mo |
๐ฅ Health Insurance premiums covered. Peace of mind secured.
Looking to cover $500.00 in monthly bills with dividends? Using Johnson & Johnson (JNJ), you'd need approximately $206,896.55 invested today. Note that this math relies on a 2.90% yield.
Johnson & Johnson (JNJ) is a key player in the Healthcare sector. Stability is the key trait associated with this ticker.
From an investment angle, committing $206,896.55 requires conviction in JNJ's future.
Disclaimer: Informational only. Not financial advice. Yields vary. Past performance does not guarantee future results.