Ticker: PFE โข Yield: 6.1% โข Growth (5yr): 2.5%
๐ฐ Net: approx. $423 /mo after tax.
Currently, you need $98,360.66. But if PFE grows its dividend by 2.5% 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 | $104,361 | +$530/mo |
| Year 3 | $117,481 | +$597/mo |
| Year 5 | $132,251 | +$672/mo |
| Year 10 | $177,818 | +$904/mo |
โ๏ธ Weekend getaway! You can fly somewhere nice every quarter.
Is your goal to generate $500.00 every month passively? Using Pfizer Inc. (PFE), you'd need approximately $98,360.66 invested today. This figure assumes the yield holds steady at 6.10%.
Investors in the Healthcare sector often watch Pfizer Inc. (PFE). It is generally viewed as a stable income generator.
From an investment angle, committing $98,360.66 requires conviction in PFE's future.
Disclaimer: Informational only. Not financial advice. Yields vary. Past performance does not guarantee future results.