Did Someone Say Dividends? Here's How Much Of These Tech Stocks You Need To Yield $100 Per Month

This post was originally published on this site

The S&P 500 dropped 19.2% in 2022, its worst performance in any year since it declined 38.4% during the global financial crisis in 2008. The Dow Jones Industrial Average finished 2022 down 8.5% on the year, while the Nasdaq declined 33%.






© Provided by Benzinga


Speaking of the Nasdaq, tech stocks felt the most pain over any other sector last year, as investor favorites like Apple Inc (NASDAQ: AAPL), and Amazon.com, Inc (NASDAQ: AMZN) fell by as much as 50%.

Loading...

Load Error

The positive news, though, for investors licking the wounds from their losses in 2022 is that the probability of stocks falling two years in a row is just 9%.

With that 9% probability in mind, let’s look at some tech names that pay high dividend yields; long-term investors may be interested in these stocks.

As a bonus, we’ll share how much of each stock an investor must own to earn $100 per month in dividends. You may want to sit down for that.

Trending: Fox TV Host Shannon Bream Is Glad She Got Fired: ‘I Watched My Tapes And Got Real With Myself’

Must Read: If You Invested $1,000 When Elon Musk Said Tesla’s Stock Price Was Too High, Here’s How Much You’d Have Now

Read also: If You Invested $1,000 In Tesla Stock When Elon Musk And Grimes Split, Here’s How Much You’d Have Now

 

Company

 

Ticker

 

% Change 2022

 

Dividend Yield

 

How Much You Must Own For $100/mo

 

Intl. Business Machines

 

IBM

 

+5.41%

 

4.93%

 

$26,666.66

 

Qualcomm Inc

 

QCOM

 

-39.88%

 

2.49%

 

$48,000

 

Oracle Corp

 

ORCL

 

-6.27%

 

1.43%

 

$85,714

 

Microsoft Corp

 

MSFT

 

-28.69%

 

1.14%

 

$109,090

 

Intel Corp

 

INTC

 

-48.68%

 

4.87%

 

$25,000

 

Cisco Systems 

 

CSCO

 

-24.82%

 

3.11%

 

$38,709

 

Apple Inc

 

AAPL

 

-26.83%

 

0.68%

 

$200,000

 

Texas Instruments

 

TXN

 

-12.34%

 

2.77%

 

$44,444

 

Nvidia Corp

 

NVDA

 

-50.31%

 

0.09%

 

$133,333

 

HP Inc

 

HPQ

 

-28.67%

 

3.76%

 

$32,342

Photo via Shutterstock. 

SPONSORED

Retirement can be a difficult part of life to navigate, and a financial advisor can help. Finding a qualified financial advisor doesn’t have to be hard. SmartAsset’s free tool matches you with up to three financial advisors who serve your area, and you can interview your advisor matches at no cost to decide which one is right for you. If you’re ready to find an advisor who can help you achieve your financial goals, get started now.

Continue Reading