How To Earn $500 A Month From Ford Stock As Car Prices Skyrocket
Portfolio Pulse from AJ Fabino
Former Ford Motor Company CEO Mark Fields compared the soaring prices in the car market to those of the housing industry, stating that one needs to make over $100,000 a year to afford a new car. The average new car loan now averages about $760 per month, a 35% increase from 2020. Ford shares are currently trading at $12.06 with a yield of 4.94%. To earn $500 per month from the stock, one would need to buy about 10,071 shares, costing about $121,457.
September 05, 2023 | 8:44 pm
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Ford's stock is currently trading at $12.06 with a yield of 4.94%. To earn $500 per month from dividends, an investor would need to buy about 10,071 shares, costing about $121,457.
The news does not directly indicate a positive or negative impact on Ford's stock price. However, it provides information on how an investor can earn from dividends, which could potentially attract more investors, increasing demand for the stock. The dividend yield can change as the stock price fluctuates.
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