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

If you want to earn $1,000 in dividend income from Walgreens stock, you’ll need to invest a certain amount. The Motley Fool has some tips on how much you should invest to reach this goal.

Investing in dividend-paying stocks like Walgreens can be a good way to earn passive income. However, the amount you need to invest depends on the stock’s dividend yield. In the case of Walgreens, which has a current dividend yield of around 4%, you would need to invest approximately $25,000 to earn $1,000 in annual dividend income.

It’s important to remember that investing in individual stocks carries risks, so it’s always a good idea to do your research and consider diversifying your investments. Additionally, dividend yields can change over time, so it’s important to keep an eye on the company’s financial health and dividend policy.

Overall, if you’re looking to earn $1,000 in dividend income from Walgreens stock, you’ll need to invest around $25,000 based on the current dividend yield. Remember to consider your own financial goals and risk tolerance before making any investment decisions.