Ticker: WBA โข Yield: 8.5% โข Growth (5yr): 1.0%
๐ฐ Net: approx. $423 /mo after tax.
Currently, you need $70,588.24. But if WBA 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 | $76,588 | +$542/mo |
| Year 3 | $90,162 | +$639/mo |
| Year 5 | $106,140 | +$752/mo |
| Year 10 | $159,599 | +$1,130/mo |
๐ Car payment? Gone. You're effectively driving for free.
Wondering how much capital you need for $500.00/month? By investing about $70,588.24 in Walgreens Boots Alliance (WBA), you could theoretically hit that mark. Note that this math relies on a 8.50% yield.
Investors in the Healthcare sector often watch Walgreens Boots Alliance (WBA). Note that the market prices this with a risk premium.
From an investment angle, committing $70,588.24 requires conviction in WBA's future.
Disclaimer: Informational only. Not financial advice. Yields vary. Past performance does not guarantee future results.