How To Put $100 In Your Retirement Fund Each Month With Welltower Stock

David Kirakosyan
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How To Put $100 In Your Retirement Fund Each Month With Welltower StockHow To Put $100 In Your Retirement Fund Each Month With Welltower Stock
How To Put $100 In Your Retirement Fund Each Month With Welltower Stock

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Welltower Inc. (NYSE:WELL) owns a diversified health care portfolio of 2,096 in-place properties across the senior housing, medical office, and skilled nursing/post-acute care sectors.

It will report its Q3 2024 earnings on October 28. Wall Street analysts expect the company to post an EPS of $1.05, up from $0.92 in the year-ago period. According to data from Benzinga Pro, quarterly revenue is expected to be $1.97 billion, up from $1.66 billion in the year-ago period.

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The 52-week range of Welltower stock price was $78.38 to $131.31.

Welltower’s dividend yield is 2.08%. During the last 12 months, it paid $2.68 per dividend share.

The Latest On Welltower

On July 29, the company reported its Q2 2024 earnings, posting an FFO of $1.05, compared to the consensus estimate of $1.01, and revenues of $1.82 billion, compared to the consensus of $1.89 billion, as reported by Benzinga.

On the same day, the Board of Directors declared a cash dividend of $0.67 per share, an increase of 10% from the prior quarter.

The company revised its net income attributable to common stockholders guidance for fiscal 2024 to $1.52 to $1.60 per diluted share from the previous range of $1.45 to $1.57 per diluted share. It also increased the guidance range of full-year normalized FFO attributable to common stockholders to $4.13 to $4.21 per diluted share from $4.05 to $4.17 per diluted share.

Here’s how much you would have made owning Welltower stock in the last 10 years.

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How Can You Earn $100 Per Month As A Welltower Investor?

If you want to earn $100 per month—$1,200 annually—from Welltower dividends, your investment value needs to be approximately $57,692, which is 447 shares at $129.08 each.

Understanding the dividend yield calculations: When estimating, you need two key variables – desired annual income ($1,200) and the dividend yield (2.08% in this case). So, $1,200 / 0.0208 = $57,692 to generate an income of $100 per month.

You can calculate the dividend yield by dividing the annual dividend payments by the stock’s current price.

The dividend yield can change over time due to fluctuating stock prices and dividend payments on a rolling basis.

For instance, assume a stock that pays $2 as an annual dividend is priced at $50. Its dividend yield would be $2/$50 = 4%. If the stock price rises to $60, the dividend yield drops to 3.33% ($2/$60). A drop in stock price to $40 will have an inverse effect and increase the dividend yield to 5% ($2/$40).

In summary, income-focused investors may find Welltower stock an attractive option for earning a steady $100 per month by owning 447 shares of stock.

Wondering if your investments can get you to a $5,000,000 nest egg? Speak to a financial advisor today. SmartAsset’s free tool matches you up with up to three vetted financial advisors who serve your area, and you can interview your advisor matches at no cost to decide which one is right for you.

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This article How To Put $100 In Your Retirement Fund Each Month With Welltower Stock originally appeared on Benzinga.com

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