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Stock impact report

Here's How Many Shares of AbbVie You Need to Own to Get $1,000 in Yearly Dividends [Yahoo! Finance]

Abbott Laboratories (ABT) 
Last abbott laboratories earnings: 4/16 07:30 am Check Earnings Report
US:NYSE Investor Relations: abbott.com/investors.html
Company Research Source: Yahoo! Finance
How many shares should you buy? The answer requires a little simple math. Shares of AbbVie were recently trading for $212 apiece, and the company's total annual dividend amount (paid out over four quarters, like most dividend payers) is currently $6.56. The dividend might go up or down, but that's what it is as I write this. If you're looking to collect $1,000, simply divide that $1,000 by $6.56. You'll get 152, which is the number of shares you'd need to own for a year to get $1,000 in dividend payments. At the recent share price, that would cost you $32,224. Hmm...that might be a tall order for you. It would be for most Americans. Even if you could swing it by putting most of your portfolio into AbbVie, you'd then have too many eggs in that one basket. So consider including some other promising dividend stocks in your mix. Note, too, that like many healthy and growing dividend payers, AbbVie has been hiking its payout annually. So if you only buy enough to collect, say, $300 Show less Read more
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