How To Earn $500 A Month From Johnson & Johnson Stock Ahead Of Q4 Earnings

Johnson & Johnson (NYSE:JNJ) volition merchandise net for the 4th fourth earlier the opening doorbell connected Wednesday, Jan. 21.

Analysts expect the institution to study fourth-quarter net of $2.47 per share. That's up from $2.04 per stock successful the year-ago period. The statement estimation for Johnson & Johnson's quarterly gross is $24.16 cardinal (it reported $22.52 cardinal past year), according to Benzinga Pro.

As per the caller news, Johnson & Johnson, connected Jan. 14, shared topline results from the investigational Phase 3 MajesTEC-9 survey of Tecvayli (teclistamab-cqyv) monotherapy for aggregate myeloma, a benignant of humor cancer.

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With the caller buzz astir Johnson & Johnson, immoderate investors whitethorn beryllium eyeing imaginable gains from the company's dividends too. As of now, Johnson & Johnson has an yearly dividend output of 2.38%, which is simply a quarterly dividend magnitude of $1.30 per stock ($5.20 a year).

To fig retired however to gain $500 monthly from Johnson & Johnson, we commencement with the yearly people of $6,000 ($500 x 12 months).

Next, we instrumentality this magnitude and disagreement it by Johnson & Johnson's $5.20 dividend: $6,000 / $5.20 = 1,154 shares.

So, an capitalist would request to ain astir $252,334 worthy of Johnson & Johnson, oregon 1,154 shares to make a monthly dividend income of $500.

Assuming a much blimpish extremity of $100 monthly ($1,200 annually), we bash the aforesaid calculation: $1,200 / $5.20 = 231 shares, oregon $50,510 to make a monthly dividend income of $100.

Note that dividend output tin alteration connected a rolling basis, arsenic the dividend outgo and the banal terms some fluctuate implicit time.

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The dividend output is calculated by dividing the yearly dividend outgo by the existent banal price. As the banal terms changes, the dividend output volition besides change.

For example, if a banal pays an yearly dividend of $2 and its existent terms is $50, its dividend output would beryllium 4%. However, if the banal terms increases to $60, the dividend output would alteration to 3.33% ($2/$60).

Conversely, if the banal terms decreases to $40, the dividend output would summation to 5% ($2/$40).

Further, the dividend outgo itself tin besides alteration implicit time, which tin besides interaction the dividend yield. If a institution increases its dividend payment, the dividend output volition summation adjacent if the banal terms remains the same. Similarly, if a institution decreases its dividend payment, the dividend output volition decrease.