I have 526 shares of Coca-Cola stocks now
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And my goal is to have 40,000 shares eventually (before I fully retire).
I realized I have 400 shares recently as I noticed my IRA account recently received $194 quarterly dividend (48.5 cents per share). 我有四百股 $KO: 因为我注意到前两天发了$194 的红利. 伯克希尔有四亿股:巴菲特代表股东拿了$194 m 的红利。
So, if I need to retire on the dividends from Coca-Cola stocks. I need to have more shares: ideally 40,000 shares. That way, I would have $19,400 in dividends each quarter: or about $6,467 a month
Also refer to my Substack post today for dividend-based investing.
(Update 12-21-2024) Added 20 more shares yesterday 12-20-2024