Want $1,000 in Dividend Income? Here's How Much You Have to Invest in Meta Platforms Stock. [Yahoo! Finance]
Meta Platforms, Inc. - Class A (META)
Company Research
Source: Yahoo! Finance
But some of today's tech winners, though not the biggest dividend stocks out there, still offer this payment to their shareholders -- so when you buy them, you get exposure to high growth and passive income. And that's a great combination that could help your portfolio during good and bad times. Meta Platforms (NASDAQ: META) is one of these players, announcing its first ever dividend earlier this year. How much do you have to invest in the social media giant if you want $1,000 in annual dividend income? Let's find out. Meta's annual dividend Meta, through quarterly payments, offers investors an annual dividend of $2 per share. This means, at the current stock price of $519, you would invest $259,500 to buy 500 shares -- and annually this investment would bring you $1,000 in dividend income. This may seem like a hefty investment, and it is, but don't worry -- even if you invest a lot less in Meta, you still can benefit from adding this company to your portfolio. From a passive
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META
News
- Meta ordered to stop training its AI on Brazilian personal data [Verge, The]Verge, The
- How the power of the Minions and Gen Z propelled the ‘Despicable Me' franchise [Los Angeles Times (CA)]Los Angeles Times
- 3 Top Tech Stocks to Buy in July [Yahoo! Finance]Yahoo! Finance
- From 'latte makeup' to 'girl dinners,' TikTok has launched tons of trends. Will its influence last? [Yahoo! Finance]Yahoo! Finance
- Meta banned from mining data to train its AI models in Brazil [Fortune]Fortune
META
Earnings
- 2/1/24 - Beat
META
Sec Filings
- 7/2/24 - Form 144
- 7/2/24 - Form 144
- 7/1/24 - Form 4
- META's page on the SEC website