Ticker: SPG โข Yield: 6.0% โข Growth (5yr): 4.0%
๐ฐ Net: approx. $423 /mo after tax.
Currently, you need $100,000. But if SPG grows its dividend by 4.0% 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 | $106,000 | +$530/mo |
| Year 3 | $119,102 | +$596/mo |
| Year 5 | $133,823 | +$669/mo |
| Year 10 | $179,085 | +$895/mo |
๐ Car payment? Gone. You're effectively driving for free.
Is your goal to generate $500.00 every month passively? By investing about $100,000.00 in Simon Property Group (SPG), you could theoretically hit that mark. This figure assumes the yield holds steady at 6.00%.
Simon Property Group (SPG) is a key player in the Retail REIT sector. It is generally viewed as a stable income generator.
Why SPG? Because at $100,000.00 capital, yield stability becomes your best friend.
Disclaimer: Informational only. Not financial advice. Yields vary. Past performance does not guarantee future results.