Ticker: QCOM โข Yield: 2.4% โข Growth (5yr): 8.0%
๐ฐ Net: approx. $423 /mo after tax.
Currently, you need $250,000. But if QCOM grows its dividend by 8.0% 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 | $256,000 | +$512/mo |
| Year 3 | $268,435 | +$537/mo |
| Year 5 | $281,475 | +$563/mo |
| Year 10 | $316,913 | +$634/mo |
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Planning for a reliable $500.00 monthly income stream? By investing about $250,000.00 in Qualcomm (QCOM), you could theoretically hit that mark. Note that this math relies on a 2.40% yield.
Investors in the Technology sector often watch Qualcomm (QCOM). It combines modern tech growth with shareholder payouts.
Deploying $250,000.00 is a serious step. Ensure QCOM aligns with your risk tolerance.
Disclaimer: Informational only. Not financial advice. Yields vary. Past performance does not guarantee future results.