Here Are the Coca-Cola Shares You'd Need to Generate $12,000 in Annual Dividend Income
Sometimes the smart move is starting with the goal and then working your way back from there.
Overview
Need income? Dividend stocks are arguably the best choice for most investors. Unlike bonds, most companies' dividend payments grow over time. Dividend stocks also offer some opportunity for capital appreciation, even if their starting dividend yields aren't always quite as high as those you'd normally see from fixed income instruments.
With that as the backdrop, how much stock would you need to hold in, say, iconic dividend payer Coca-Cola (NYSE: KO), to produce $12,000 in annual dividend income? Here's the math.
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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.