Ticker: SPHD โข Yield: 4.8% โข Growth (5yr): 2.5%
๐ฐ Net: approx. $423 /mo after tax.
Currently, you need $125,000. But if SPHD 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 | $131,000 | +$524/mo |
| Year 3 | $143,878 | +$576/mo |
| Year 5 | $158,022 | +$632/mo |
| Year 10 | $199,767 | +$799/mo |
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Dreaming of an extra $500.00 in monthly cash flow? With Invesco S&P 500 High Dividend Low Volatility (SPHD), a capital allocation of roughly $125,000.00 could get you there. Note that this math relies on a 4.80% yield.
Investors in the Dividend Equity ETF sector often watch Invesco S&P 500 High Dividend Low Volatility (SPHD). It is generally viewed as a stable income generator.
From an investment angle, committing $125,000.00 requires conviction in SPHD's future.
Disclaimer: Informational only. Not financial advice. Yields vary. Past performance does not guarantee future results.