Ticker: PPL โข Yield: 3.7% โข Growth (5yr): 2.0%
๐ฐ Net: approx. $423 /mo after tax.
Currently, you need $162,162.16. But if PPL grows its dividend by 2.0% 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 | $168,162 | +$518/mo |
| Year 3 | $180,836 | +$558/mo |
| Year 5 | $194,466 | +$600/mo |
| Year 10 | $233,205 | +$719/mo |
๐ฅ Health Insurance premiums covered. Peace of mind secured.
Wondering how much capital you need for $500.00/month? Using PPL Corporation (PPL), you'd need approximately $162,162.16 invested today. This figure assumes the yield holds steady at 3.70%.
Traded as PPL, PPL Corporation operates within the Utilities space. Many portfolios hold it for consistency.
Why PPL? Because at $162,162.16 capital, yield stability becomes your best friend.
Disclaimer: Informational only. Not financial advice. Yields vary. Past performance does not guarantee future results.