Meta Platforms, Inc. (NASDAQ:META) will release earnings results for the second quarter, after the closing bell on Wednesday, July 30.
With the recent buzz around the Menlo Park, California-based company, investors may be eyeing potential gains from the company’s dividends. Currently, Meta offers an annual dividend yield of 0.30%. That’s a quarterly dividend amount of 53 cents per share ($2.10 a year).
To determine how to earn $500 monthly from Meta, start with the yearly target of $6,000 ($500 x 12 months). Next, we take this amount and divide it by Meta’s $2.10 dividend: $6,000 / $2.10 = 2,857 shares.
So, an investor would need to own approximately $1,999,900 worth of Meta, or 2,857 shares to generate a monthly dividend income of $500.
Assuming a more conservative goal of $100 …
Full story available on Benzinga.com
Meta Platforms, Inc. (NASDAQ:META) will release earnings results for the second quarter, after the closing bell on Wednesday, July 30.
With the recent buzz around the Menlo Park, California-based company, investors may be eyeing potential gains from the company’s dividends. Currently, Meta offers an annual dividend yield of 0.30%. That’s a quarterly dividend amount of 53 cents per share ($2.10 a year).
To determine how to earn $500 monthly from Meta, start with the yearly target of $6,000 ($500 x 12 months). Next, we take this amount and divide it by Meta’s $2.10 dividend: $6,000 / $2.10 = 2,857 shares.
So, an investor would need to own approximately $1,999,900 worth of Meta, or 2,857 shares to generate a monthly dividend income of $500.
Assuming a more conservative goal of $100 …
Full story available on Benzinga.com
Meta Platforms, Inc. (NASDAQ:META) will release earnings results for the second quarter, after the closing bell on Wednesday, July 30.
With the recent buzz around the Menlo Park, California-based company, investors may be eyeing potential gains from the company’s dividends. Currently, Meta offers an annual dividend yield of 0.30%. That’s a quarterly dividend amount of 53 cents per share ($2.10 a year).
To determine how to earn $500 monthly from Meta, start with the yearly target of $6,000 ($500 x 12 months). Next, we take this amount and divide it by Meta’s $2.10 dividend: $6,000 / $2.10 = 2,857 shares.
So, an investor would need to own approximately $1,999,900 worth of Meta, or 2,857 shares to generate a monthly dividend income of $500.
Assuming a more conservative goal of $100 …Full story available on Benzinga.com Read More$500 Dividend, dividend yield, dividends, Earnings, Long Ideas, META, News, Dividends, Top Stories, Markets, Trading Ideas, META, Long Ideas, News, Earnings, Dividends, Top Stories, Markets, Trading Ideas, Benzinga Markets
