Ticker: T โข Yield: 6.6% โข Growth (5yr): 1.0%
๐ฐ Net: approx. $423 /mo after tax.
Currently, you need $90,909.09. But if T grows its dividend by 1.0% 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 | $96,909 | +$533/mo |
| Year 3 | $110,123 | +$606/mo |
| Year 5 | $125,139 | +$688/mo |
| Year 10 | $172,258 | +$947/mo |
๐ Car payment? Gone. You're effectively driving for free.
Looking to cover $500.00 in monthly bills with dividends? Based on the yield of AT&T Inc. (T), your target portfolio size is around $90,909.09. This calculation utilizes the current trailing yield of 6.60%.
Traded as T, AT&T Inc. operates within the Telecommunications space. Many portfolios hold it for consistency.
From an investment angle, committing $90,909.09 requires conviction in T's future.
Disclaimer: Informational only. Not financial advice. Yields vary. Past performance does not guarantee future results.