How To Earn $1,000 Per Month From Coca-Cola (NYSE: KO) Stock
Portfolio Pulse from Shankar Iyer
Coca-Cola Co. (NYSE:KO) stock is trading at $59.93 with a year-to-date drop of 4.8% and a market cap of $258.8 billion. The company has a dividend yield of 3.14% and declared a dividend of $0.46 per share in October. To earn $1,000 per month from dividends, an investment of approximately $382,166 is required, equating to about 6,377 shares. The article emphasizes that dividend yield can change with stock price fluctuations and company dividend policies.
December 19, 2023 | 9:00 pm
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Coca-Cola's stock price is at $59.93 after a 4.8% drop YTD. The company maintains a dividend yield of 3.14% and recently declared a $0.46 per share dividend. Investors looking for $1,000 monthly income from dividends would need to hold 6,377 shares.
The article provides specific information about Coca-Cola's dividend yield and the required investment to achieve a certain income from dividends. The stock price's YTD performance is mentioned, but there is no new information that would likely impact the stock price in the short term. The dividend yield is a key factor for income-focused investors, but the article does not suggest any immediate changes to the dividend policy that would affect the stock price.
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