Ticker: MAIN โข Yield: 6.8% โข Growth (5yr): 2.8%
๐ฐ Net: approx. $423 /mo after tax.
Currently, you need $88,235.29. But if MAIN grows its dividend by 2.8% 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 | $94,235 | +$534/mo |
| Year 3 | $107,487 | +$609/mo |
| Year 5 | $122,602 | +$695/mo |
| Year 10 | $170,355 | +$965/mo |
๐ฅ Health Insurance premiums covered. Peace of mind secured.
Is your goal to generate $500.00 every month passively? Based on the yield of Main Street Capital (MAIN), your target portfolio size is around $88,235.29. This calculation utilizes the current trailing yield of 6.80%.
Traded as MAIN, Main Street Capital operates within the Business Development Company space. Many portfolios hold it for consistency.
Deploying $88,235.29 is a serious step. Ensure MAIN aligns with your risk tolerance.
Disclaimer: Informational only. Not financial advice. Yields vary. Past performance does not guarantee future results.