Here's How Many Shares of Dow Stock You'd Need for $1,000 in Yearly Dividends

Near the end of July, storied chemical company Dow (NYSE: DOW) chopped its quarterly dividend in half from $0.70 per share to $0.35. To say investors weren't happy about this would be understating the case; since then, Dow's share price has fallen by almost 7% against the incremental rise of the S&P 500 (SNPINDEX: ^GSPC). Dow is a longtime dividend player, and it's refusing to give up on its payout entirely. Read on to find out the share count required to clock $1,000 worth of those lowered dividends yearly. To cut directly to the chase, the answer is 715 shares. At the stock's currently reduced price, that would mean a total spend of just under $16,824. Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool