How To Earn $500 A Month From Meta Stock
Investors in Meta Platforms Inc. (NASDAQ:META) may be eyeing potential gains from the company's dividends. The Facebook parent company currently offers an annual dividend yield of 0.32%. That’s a quarterly dividend of 50 cents per share ($2.00 a year). To earn $500 monthly from Meta, we start with a yearly target of $6,000 ($500 x 12 months). Next, we take this amount and divide it by Meta's $2.00 dividend: $6,000 / $2.00 = 3,000 shares. So, an investor would need to own approximately $1,892,370