Ticker: SDY โข Yield: 2.8% โข Growth (5yr): 6.0%
๐ฐ Net: approx. $423 /mo after tax.
Currently, you need $214,285.71. But if SDY grows its dividend by 6.0% 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 | $220,286 | +$514/mo |
| Year 3 | $232,794 | +$543/mo |
| Year 5 | $246,013 | +$574/mo |
| Year 10 | $282,439 | +$659/mo |
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Planning for a reliable $500.00 monthly income stream? Using SPDR S&P Dividend ETF (SDY), you'd need approximately $214,285.71 invested today. This figure assumes the yield holds steady at 2.80%.
SPDR S&P Dividend ETF (SDY) is a key player in the Dividend Aristocrats ETF sector. Stability is the key trait associated with this ticker.
Deploying $214,285.71 is a serious step. Ensure SDY aligns with your risk tolerance.
Disclaimer: Informational only. Not financial advice. Yields vary. Past performance does not guarantee future results.