EBAY - How To Earn $500 A Month From eBay Stock Ahead Of Q4 Earnings Report | Benzinga
With the recent buzz around eBay Inc. (NASDAQ: EBAY) and the release of its upcoming earnings report, some investors may be eyeing potential gains from the company’s dividends.
The San Jose, California-based company currently has a dividend yield of 2.28%, which is a quarterly dividend amount of 25 cents a share ($1.00 a year).
To figure out how to earn $500 monthly from eBay dividends, we start with the yearly target of $6,000 ($500 x 12 months).
Next, we take this amount and divide it by eBay’s $1.00 dividend: $6,000 / $1.00 = 6,000 shares.
So, an investor would need to own approximately $263,280 worth of eBay, or 6,000 shares to generate a monthly dividend income of $500.
Assuming a more conservative goal of $100 monthly ($1,200 annually), we do the ...