How To Earn $500 A Month From UWM Holdings Corp Stock
Portfolio Pulse from AJ Fabino
The annual consumer inflation fell to 3% in June, leading to a positive reaction in stocks. Traders revised their expectations for Federal Reserve rate hikes, which would be beneficial for UWM Holdings Corp (NYSE:UWMC). UWM's shares are up nearly 76% year-to-date, with a 6.72% dividend yield. To earn $500 a month from UWM, an investor would need to invest $89,286 or 14,980 shares.
July 13, 2023 | 12:23 pm
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UWM Holdings Corp's shares could benefit from the revised expectations for Federal Reserve rate hikes. The company's shares are up nearly 76% year-to-date, with a 6.72% dividend yield.
The drop in inflation and revised expectations for Federal Reserve rate hikes could lead to a positive impact on UWM Holdings Corp's shares. The company's shares are already performing well, with a nearly 76% increase year-to-date. Additionally, the company's high dividend yield could attract more investors, potentially driving the share price up further.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100