• Fri. Apr 19th, 2024

Did Someone Say Dividends? Here’s How Much Of These Tech Stocks You Need To Yield $100 Per Month

ByAJ Fabino

Jan 16, 2023
Did Someone Say Dividends? Here's How Much Of These Tech Stocks You Need To Yield $100 Per Month

[ad_1]

The S&P 500 dropped 19.2% in 2022, its worst performance in any year since it declined 38.4% during the global financial crisis in 2008. The Dow Jones Industrial Average finished 2022 down 8.5% on the year, while the Nasdaq declined 33%.

Speaking of the Nasdaq, tech stocks felt the most pain over any other sector last year, as investor favorites like Apple Inc AAPL, and Amazon.com, Inc AMZN fell by as much as 50%.

The positive news, though, for investors licking the wounds from their losses in 2022 is that the probability of stocks falling two years in a row is just 9%.

With that 9% probability in mind, let’s look at some tech names that pay high dividend yields; long-term investors may be interested in these stocks.

As a bonus, we’ll share how much of each stock an investor must own to earn $100 per month in dividends. You may want to sit down for that.

Read also: If You Invested $1,000 In Tesla Stock When Elon Musk And Grimes Split, Here’s How Much You’d Have Now














 


Company

 


Ticker

 


% Change 2022

 


Dividend Yield

 


How Much You Must Own For $100/mo

 


Intl. Business Machines

 


IBM

 


+5.41%

 


4.93%

 


$26,666.66

 


Qualcomm Inc

 


QCOM

 


-39.88%

 


2.49%

 


$48,000

 


Oracle Corp

 


ORCL

 


-6.27%

 


1.43%

 


$85,714

 


Microsoft Corp

 


MSFT

 


-28.69%

 


1.14%

 


$109,090

 


Intel Corp

 


INTC

 


-48.68%

 


4.87%

 


$25,000

 


Cisco Systems 

 


CSCO

 


-24.82%

 


3.11%

 


$38,709

 


Apple Inc

 


AAPL

 


-26.83%

 


0.68%

 


$200,000

 


Texas Instruments

 


TXN

 


-12.34%

 


2.77%

 


$44,444

 


Nvidia Corp

 


NVDA

 


-50.31%

 


0.09%

 


$133,333

 


HP Inc

 


HPQ

 


-28.67%

 


3.76%

 


$32,342

Photo via Shutterstock. 

[ad_2]

Image and article originally from www.benzinga.com. Read the original article here.