How To Earn $500 A Month From Apple Stock
Portfolio Pulse from Avi Kapoor
Apple Inc. (AAPL) is considering reducing iPhone prices in China by up to 500 yuan ($70) due to increased competition. The company may also avoid an import ban on its latest Apple Watch models after a patent dispute with Masimo Corporation. Apple's current dividend yield is 0.52%, with a quarterly dividend of 24 cents per share. To earn $500 a month in dividends, an investor would need to own approximately 6,250 shares, valued at $1,147,688. For a $100 monthly dividend, 1,250 shares or $229,538 would be required. Dividend yields fluctuate with stock price and dividend changes. Apple shares fell 1.2% to close at $183.63 on Tuesday.
January 17, 2024 | 1:01 pm
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NEUTRAL IMPACT
Apple Inc. is considering a price cut for iPhones in China and might avoid an import ban on Apple Watch, maintaining its dividend yield at 0.52%. The stock price dropped 1.2% recently.
The potential price cut for iPhones in China could be seen as a response to competitive pressures, which might concern investors about market share and margins, but avoiding an import ban is positive. The dividend information is neutral and already factored into the stock price. The recent drop in stock price is likely already absorbed by the market.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 90