How To Earn $500 Per Month From Walmart Stock
Portfolio Pulse from Shankar Iyer
Walmart Inc. (NYSE:WMT) is trading at $154.33 with a market cap of $415.3 billion. Its 52-week price range is $136.09 to $169.94. Walmart offers a dividend payout of $2.28, yielding 1.46%, and has paid $4.61 billion in dividends in the first three quarters of 2023. To earn $500 per month from dividends, an investment of $410,959 is required, equating to 2,663 shares. The article explains how dividend yield is calculated and how it varies with stock price and dividend changes.
December 06, 2023 | 2:35 pm
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NEUTRAL IMPACT
Walmart's current stock price and dividend yield are highlighted, with an emphasis on the investment needed to earn a specific monthly dividend income. The company has maintained consistent dividend payments throughout 2023.
The article provides a positive view of Walmart's dividend reliability, which could attract income-focused investors. However, the stock price is not at an extreme high or low within its 52-week range, suggesting a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 60
RELEVANCE 100