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This Is How Much You'd Need To Invest In Apple Stock To Earn $100 per Month

The article from MSN Money discusses how much one would need to invest in Apple stock to generate a monthly passive income of $100. It explains that to achieve this, an investor would need to consider the stock's current dividend yield, which at the time of the article was about 0.52%. To earn $100 monthly, or $1,200 annually, one would need to own approximately $230,769 worth of Apple stock, calculated by dividing the desired annual income by the dividend yield ($1,200 / 0.0052). The article also notes that this figure does not account for potential changes in stock price or dividend rates, and it highlights the importance of reinvesting dividends to benefit from compound growth over time. Additionally, it touches on the broader context of investing in dividend stocks as a strategy for generating passive income.

Read the Full MSN Article at:
[ https://www.msn.com/en-ca/money/savingandinvesting/this-is-how-much-you-d-need-to-invest-in-apple-stock-to-earn-100-per-month/ar-AA1w77I7 ]