Ticker: XLU โข Yield: 3.3% โข Growth (5yr): 3.2%
๐ฐ Net: approx. $423 /mo after tax.
Currently, you need $181,818.18. But if XLU grows its dividend by 3.2% 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 | $187,818 | +$516/mo |
| Year 3 | $200,419 | +$551/mo |
| Year 5 | $213,865 | +$588/mo |
| Year 10 | $251,559 | +$692/mo |
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Planning for a reliable $500.00 monthly income stream? Based on the yield of Utilities Select Sector SPDR Fund (XLU), your target portfolio size is around $181,818.18. We base this on its recent trailing yield of 3.30%.
Investors in the Utilities ETF sector often watch Utilities Select Sector SPDR Fund (XLU). Many portfolios hold it for consistency.
Deploying $181,818.18 is a serious step. Ensure XLU aligns with your risk tolerance.
Disclaimer: Informational only. Not financial advice. Yields vary. Past performance does not guarantee future results.