Here's How Many Shares of Apple (AAPL) Stock You'd Need for $12,000 in Yearly Dividends
You might need to sit down before reading the answer.
Overview
If you're looking to invest in dividend-paying stocks for that sweet passive income, good for you! Dividends are a great way to collect cash without having to sell any stocks -- and that cash can help support you or can be deployed to buy more shares of stock. If you're considering investing in Apple (NASDAQ: AAPL), that also seems like a good thing to do.
But what if you're hoping to get $12,000 in annual dividend income from Apple? How many shares would you need to buy -- and what would they cost you? Let's see.
Image source: The Motley Fool.
Details
Source
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.