How much does it cost to make $100 a month from Abbvie Stock?
Abbvie (NYSE:abbv), biopharmaceutical companies are engaged in the research and development, manufacturing, commercialization and sales of pharmaceuticals and treatments around the world.
We will report our first quarter 2025 revenue on April 25th before the market opens. Wall Street analysts expect us to post EPS of $2.51, starting from the previous year’s $2.31. Quarterly revenue is expected to be $129.1 billion, compared to $123.1 billion a year ago, according to data from Benzinga Pro.
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Abbvie’s stock price ranged from $153.58 to $218.66 for 52 weeks.
Abbvie’s dividend yield is 3.86%. It has paid $6.56 per share in dividends over the past 12 months.
On January 31, the company announced its fourth quarter 2024 revenue, posting an adjusted EPS of $2.16 and defeating Street View of $2.11. To gasoline. Quarterly sales were $1.5112 billion, with analysts’ consensus estimates above $1482.7 billion.
Abbvie adjusts its full-year 2025 Adjusted EPS ranges from $12.12 to $12.32 compared to Street View at $12.18. The company has reaffirmed its forecast for a high single-digit combined annual revenue growth rate through 2029.
Please check this Article by Benzinga Insights from 13 analysts on Abbvie.
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If you want to earn $100 a month ($1,200 a year) from your Abbvie dividend, your investment value must be around $31,088. This is about 183 shares, which is about $170.16.
Understanding dividend yield calculations: When creating a quote, you need two important variables: The desired annual income ($1,200) and dividend yield (in this case 3.86%). So, at $1,200/0.0386 = $31,088, you generate $100 per month of income.
Dividend yields can be calculated by dividing your annual dividend payment by the current stock price.
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Dividend yields can change over time. This is a result of stock price fluctuations and dividend payment rolling basis.