Reported 1 day ago
To earn $100 monthly or $1,200 annually from dividends with Johnson & Johnson (JNJ), you need to invest approximately $37,500, which equates to about 242 shares at a current price of $155.17. Johnson & Johnson offers a dividend yield of 3.20% and has a history of increasing dividends for 62 years, making it an appealing option for income-focused investors. Understanding the calculations behind dividend yield is essential for maximizing potential returns.
Source: YAHOO