How many dividend paying stocks should I own to get a specific monthly income?
Provide Calculator FeedbackI want a target monthly dividend income of
with a dividend-paying stock that costs
and an annual yield of
A single share produces an annual yield of $2.13 or $0.18 per month.
You need a total of
5,647 shareswhich costs a total of
$282,353to receive monthly dividends enough to generate your target monthly income.
As of October 2024, values rounded
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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.
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