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

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

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%.

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%.

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.

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. 

 

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