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00:00It's actually super easy for you to figure out how much you need to invest in order to earn $100
00:04of passive income from your dividend stock every single month. Comes out to $1,200 per year. Just
00:11take $1,200 and divide it by the dividend yield percentage and you have your answer. Look at two
00:15examples. First is Pepsi. Pepsi has a dividend yield of 2.43 percent so you're going to divide
00:20$1,200 by the dividend yield of 2.43 percent and that comes out to $49,382. Needed to invest in
00:28order to get $100 per month. When a stock has a higher dividend yield, you have to invest less.
00:33So looking at Altria, the dividend yield of 7.79 percent, when you take that $1,200 and divide it
00:40by the 7.79 percent, you get $15,404 that you'd need to invest in order to get $100 per month. Remember
00:48though, don't ever just invest in a stock because it has a high dividend yield. Make sure to follow
00:53me in order to find the reasons why you should be investing in certain stocks and ETFs.
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