Ticker: XYLD โข Yield: 10.1% โข Growth (5yr): 0.5%
๐ฐ Net: approx. $423 /mo after tax.
Currently, you need $59,405.94. But if XYLD grows its dividend by 0.5% 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 | $65,406 | +$550/mo |
| Year 3 | $79,285 | +$667/mo |
| Year 5 | $96,110 | +$809/mo |
| Year 10 | $155,490 | +$1,309/mo |
โ๏ธ Weekend getaway! You can fly somewhere nice every quarter.
Looking to cover $500.00 in monthly bills with dividends? Based on the yield of Global X S&P 500 Covered Call (XYLD), your target portfolio size is around $59,405.94. Note that this math relies on a 10.10% yield.
Investors in the Covered Call ETF sector often watch Global X S&P 500 Covered Call (XYLD). Note that the market prices this with a risk premium.
Why XYLD? Because at $59,405.94 capital, yield stability becomes your best friend.
Disclaimer: Informational only. Not financial advice. Yields vary. Past performance does not guarantee future results.