How To Earn $500 A Month From Johnson & Johnson Stock
Portfolio Pulse from Avi Kapoor
Johnson & Johnson (JNJ) announced results from a Phase 2 study on Rybrevant for lung cancer and recently agreed to acquire V-Wave for $600 million. The company offers a 3.01% annual dividend yield, translating to $1.24 per share quarterly. To earn $500 monthly from dividends, an investment of approximately $199,432 is needed. JNJ shares fell 1.5% to $164.82.
September 12, 2024 | 12:33 pm
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NEUTRAL IMPACT
Johnson & Johnson announced positive results from a Phase 2 study on Rybrevant and a $600 million acquisition of V-Wave. The company offers a 3.01% annual dividend yield, requiring a significant investment to earn $500 monthly. JNJ shares fell 1.5% recently.
The announcement of study results and acquisition news are positive for JNJ's long-term growth, but the immediate impact on stock price is neutral as shares fell 1.5%. The dividend yield offers a stable income opportunity, but requires a large investment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100