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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


Published on 2024-12-15 20:01:17 - The Motley Fool
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  • Domino's currently pays a quarterly dividend of $1.51 a share. While its board of directors has a track record of increasing those payouts -- indeed, they are up by more than 600% since 2012 -- in the interest of making conservative calculations, let's assume that the distributions will stay constant from here. That works out to $6.04 a year.

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 ]
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