How To Earn $1,000 Per Month From Kenvue (NYSE: KVUE) Stock
Portfolio Pulse from Shankar Iyer
Kenvue Inc. (NYSE:KVUE) stock has seen a 1.4% increase on Dec. 13, closing at $21.04 after-hours, but has dropped about 22% year-to-date. The stock's 52-week range was $17.82 to $27.80. Kenvue has maintained a dividend yield of 1.98%, with a $0.40 per share payout, totaling $383 million in dividend expenses from January to September. To earn $1,000 per month from dividends, an investment of approximately $606,061 is required, equating to 28,805 shares at the current price.
December 20, 2023 | 2:30 pm
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NEUTRAL IMPACT
Kenvue Inc. has a stable dividend yield and has paid consistent dividends, with a recent payout of $0.20 per share. Despite a year-to-date price drop, the stock's dividend yield remains attractive for income-focused investors.
The article provides detailed information on Kenvue's dividends and stock performance. The consistent dividend payments suggest a neutral to positive outlook for income investors, but the year-to-date price drop indicates potential caution for growth-focused investors. The impact score is neutral as the information is already known to the market, and there are no new significant changes to the company's dividend policy or stock performance.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100