Shares and investment required to achieve $10,000 in annual Apple dividend income
- 1Apple's annual dividend per share is $1.08.
- 2To obtain an annual target dividend income of $10,000, one must hold 9,259 shares.
- 3Based on Apple's current share price of $331.22, an investment of nearly $3.1 million is required.
So what's the key point?
To receive $10,000 a year through Apple stock, 9,259 shares are needed. This means an investment of approximately $3.1 million is required at current prices.
Source The Motley Fool +1 · View original ↗
Today's 5 AI picks, all freeNothing hidden: past picks and how they did against the S&P 500.