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Here's How Many Shares of Domino's Pizza You'd Need to Own to Get $1,000 in Yearly Dividends

The article from The Motley Fool, published on December 15, 2024, discusses how many shares of Domino's Pizza one would need to own to generate a specific amount of passive income. It highlights Domino's Pizza's strong performance, with a 2023 revenue of $4.5 billion and a 5.9% increase in same-store sales. The company has also shown a commitment to shareholder returns through a 25% increase in its quarterly dividend to $1.51 per share. To generate $1,000 in annual passive income, an investor would need to own approximately 662 shares of Domino's Pizza, considering the new dividend rate. The article also notes that while Domino's stock has not performed as well as the S&P 500 over the past year, its consistent dividend growth and strong business fundamentals make it an attractive option for income-focused investors.

Read the Full The Motley Fool Article at:
[ https://www.fool.com/investing/2024/12/15/heres-how-many-shares-of-dominos-pizza-youd-need/?referring_guid=4a53cb77-a069-42b4-ba79-f839466c7ac0 ]