Want $1,000 in Dividend Income? Here's How Much You Have to Invest in AT&T Stock
In order to calculate how many shares of AT&T stock an investor would need to generate $1,000 in dividend income, simply divide 1,000 by the annual dividend. So, for example, here's the formula with figures as of Sept. 4: At a recent price of $20.59 per share, an investment of about $18,550 should generate $1,000 in dividend income over a year.
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