MPW - Want $500 in Annual Dividend Income? Here's How Much You'd Have to Invest in Medical Properties Trust Stock
2024-06-05 10:15:00 ET
It's smart to seek income from your investments. That's because income -- whether in the form of dividends or interest -- can serve not only retirees well, but also younger investors. When that income starts materializing regularly, those dividends can be reinvested in additional shares of stock, which will then start delivering dividend payments of their own.
The next question, then, is which dividend-paying stocks to invest in. Let's say you're looking for $500 in annual income. If you invested in a stock with a mere 2% dividend yield , you'd need to have $25,000 invested in it to reap $500.
If you'd like to collect $500 with a far smaller investment, check out Medical Properties Trust (NYSE: MPW) . Its dividend recently yielded a whopping 14.8%! You'd only need an investment of $3,378 in order to collect $500 in dividends. There are a few things to think about, though. For example, know that when a stock's price falls, its dividend yield rises, and Medical Properties Trust's stock has fallen -- by about 25% over the past year.
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Want $500 in Annual Dividend Income? Here's How Much You'd Have to Invest in Medical Properties Trust Stock