How To Earn $500 A Month From Home Depot Stock Ahead Of Q2 Earnings

So, how can investors capitalize on its dividend yield to earn a regular $500 monthly? To earn $500 per month or $6,000 annually from dividends alone, you would need an investment of approximately $260,396 or around 652 shares. For a more modest $100 per month or $1,200 per year, you would need $51,919 or around 130 shares. To calculate: Divide the desired annual income ($6,000 or $1,200) by the dividend ($9.20 in this case). So, $6,000 / $9.20 = 652 ($500 per month), and $1,200 / $9.20 = 130 shares ($100 p ...