All It Takes Is $10,000 Invested in This Dividend Stock to Generate Over $260 in Yearly Dividends
Starbucks' turnaround is finally showing up in sales, and the dividend has grown for 15 straight years. Here's what it actually takes to collect dividend income from it today.
Overview
Here's the simple math first. Starbucks (NASDAQ: SBUX) pays an annual dividend of $2.48 per share and recently traded at around $95 per share.A $10,000 investment buys roughly 105 shares at that price, and that payout works out to about $260 a year in dividend income, paid whether the stock goes up, down, or sideways that year.
It won't replace a paycheck, but it's a useful way to picture what owning this stock actually pays an investor in cash, separate from whatever the share price does on any given day.
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Originally published at www.fool.com.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.