How To Earn $500 A Month From Apple Stock After Upbeat Q4 Results
Portfolio Pulse from Lisa Levin
Apple Inc. reported stronger-than-expected Q4 earnings and sales, with earnings of $1.46 per share and revenue of $89.5 billion. However, iPhone revenue was below expectations. The company offers an annual dividend yield of 0.54%, which equates to a quarterly dividend of 24 cents per share. To earn $500 per month from dividends, an investment of approximately $1,109,813 or around 6,250 shares would be needed. Apple's shares were down 1.39% in early trading Friday.
November 03, 2023 | 2:08 pm
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NEUTRAL IMPACT
Apple's stronger-than-expected Q4 results and dividend yield could attract investors, but the lower-than-expected iPhone revenue and the decrease in share price could have a negative impact.
Apple's strong Q4 results and dividend yield could be seen as positive by investors. However, the lower-than-expected iPhone revenue could be a concern, as it indicates potential challenges in a key product segment. Additionally, the decrease in share price indicates market reaction may be mixed.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100