Want $1,000 in Dividend Income? Here's How Much You Have to Invest in Coca-Cola Stock – The Motley Fool

Looking to earn $1,000 in dividend income from Coca-Cola stock? Here’s what you need to know.

To receive $1,000 in dividend income from Coca-Cola stock, you need to have a significant investment in the company. Coca-Cola currently pays a dividend yield of around 3.3%. This means that for every $1 invested in Coca-Cola stock, you can expect to receive $0.033 in annual dividend income.

To calculate how much you need to invest to earn $1,000 in dividend income, you can use the formula: Investment amount = Dividend income / Dividend yield. In this case, $1,000 / 0.033 = $30,303. This means that you would need to invest approximately $30,303 in Coca-Cola stock to earn $1,000 in dividend income.

Keep in mind that investing in individual stocks carries risks, so it’s important to do your own research and consider consulting with a financial advisor before making any investment decisions.