50 000
* .03
-------
1 500
This is a really good question, because, I think anyone interested in dividend producing stocks starts off with this in their mind, for the most part. It's a good rule of thumb not to chase high yielding stocks; however, that doesn't mean something falling into a lower to much lower yield percentage is an automatic buy. I remember my first divi-producing stocks, Exxon and Paychex, when I received "x" amount of dollars in my account I was like, "What? Where did this come from? This is crazy!" lol...Needless to say, I did not understand anything about investing or how it worked, I was that green.
But to take your yield 2% to 5.5% with an average mean of 3.75%
32k would get you 1200 per year
* .03
-------
1 500
This is a really good question, because, I think anyone interested in dividend producing stocks starts off with this in their mind, for the most part. It's a good rule of thumb not to chase high yielding stocks; however, that doesn't mean something falling into a lower to much lower yield percentage is an automatic buy. I remember my first divi-producing stocks, Exxon and Paychex, when I received "x" amount of dollars in my account I was like, "What? Where did this come from? This is crazy!" lol...Needless to say, I did not understand anything about investing or how it worked, I was that green.
But to take your yield 2% to 5.5% with an average mean of 3.75%
32k would get you 1200 per year