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Monthly Dividend Calculator

How many dividend paying stocks should I own to get a specific monthly income?

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I want a target monthly dividend income of

$1,000

with a dividend-paying stock that costs

$50

and an annual yield of

4.25%

A single share produces an annual yield of $2.13 or $0.18 per month.

You need a total of

5,647 shares

which costs a total of

$282,353

to receive monthly dividends enough to generate your target monthly income.

Common Examples

As of October 2024, values rounded

Disclaimer

This tool is provided for informational and estimation purposes only. While we strive for accuracy, we do not guarantee that the results are free from errors, omissions, or miscalculations. The tool's outputs should not be considered official financial, tax, legal, or investment advice.

Use of this tool is at your own risk. We are not responsible for any decisions, losses, or damages resulting from reliance on the tool's calculations. For precise and up-to-date information, always refer to official sources or consult a qualified professional.