if you want to make a hundred bucks every single month in dividends then i'm going to
show you exactly how to do the math on my phone using the robinhood app because once you know
how to do the math yourself you can just look up any stock you want or etf and you can find
out exactly how much money you're gonna need invested in order to make a hundred bucks a
month and to be honest it does take quite a bit of money to even make a hundred bucks a month
so don't expect that you can just put a thousand dollars into the market and be making a bunch of
money in passive income going forward it does take quite a bit of an investment but i'm going to show
you how to do the math side of things so that you can learn from this yourself and i also want to
make it clear that this is not investing advice this is just for entertainment purposes only
because i'm just trying to illustrate how to do some basic math in order to find out how much you
need invested in order to make a hundred bucks a month in dividends now let's just hop on my
phone and i'll show you exactly how to do the math yourself okay so once you're inside the robinhood
app just click the search icon right here in the middle because we are going to have to look up a
specific company in today's video we're going to look up a t and t and their ticker symbol is t so
we're just going to search companies here type in t and then once we find a t and t right here just
click on it and then obviously it's going to give us the current share price 2630 is what they're
trading at and the market is open so this is going to be fluctuating but this is not the main point
of the video the main point is that we're going to have to look up their dividend yield and i
know that at t does have a high yield it doesn't mean that they're a good investment by any means
and it also doesn't mean that that dividend is going to continue going forward but it's just
for illustration purposes only so we're going to scroll down here until we get into the stats and
you're going to see the div yield here on the bottom right at 7.91 now this is extremely high
because it's saying that the dividend is paying 7.91 annually so depending on how many shares you
own you're going to be getting potentially 7.91 back in dividends now obviously this is going to
fluctuate every single day because the dividend yield is based on what the current stock price is
versus how much the dividend payment is so this can change every single day but most of the time
it's going to be pretty close to what you're seeing right here so 7.91 we're just going to
assume that that's accurate and that's what we're going to base the math off of so if you want to
make 100 bucks in dividends then we're going to have to open up our calculator and go from there
now the first thing we need to do is turn 100 bucks a month into a yearly number obviously
there's 12 months in a year so we're just going to take a hundred bucks a month times 12 months and
that's going to give us 1200 bucks so now that we have the annual amount of 1200 we're just going to
divide this by the current dividend yield that at t is offering so 1200 divided by .0791 that's how
we're going to do it in the calculator and once we hit equals this is going to give us the amount
of money that we need invested in order to make a hundred bucks a month in dividends investing in a
t right now so it looks like fifteen thousand one hundred and seventy bucks is how much we're going
to need today in order to make a hundred bucks a month in dividends now if you want to know how
many shares you'd need to own all you have to do is just divide this 15 170 by the current share
price so let's just go back into robinhood here and we're going to scroll to the top looks like
2630 is the current share price let's just go with that so we're going to divide this by 26
30 and it looks like we're going to need 500 and roughly 77 shares in order to make 100 bucks a
month in dividends now this is just the basic math side of things so you guys can understand
how much it's going to take invested in order to make 100 bucks a month in dividends but like i
said dividends are never guaranteed they're always fluctuating and honestly you could invest fifteen
thousand dollars in a t tomorrow their share prices could go down that's obviously a problem
if you're trying to make money with their share prices as well or they could cut their dividend in
the future so you do want to be careful you want to look into different statistics to make sure
that you're as safe as you can investing in these different companies with especially high yields
but if you just do some basic math yourself you can find out how much you need invested
in order to make a certain amount of money in dividends every single month now if you want to
know how often a company pays out a dividend you can't find that information on robinhood
but the easiest way that i do it is i just look up nasdaq.com and then i look up the specific
company and right there inside of dividend history i can see how often they're paying
it and so right here if you look up 2021 and 2020 you can see that they're paying four times a year
so obviously they're paying quarterly so this is just a very easy way you can look this up right
on nasdaq.com any company and you can find out if they're paying once a year twice a year four
times a year or even once a month because you can't find that information out on robinhood
now if you are new to the robinhood app they will give you a free share just for signing up with
them most of the time it's probably not going to be worth very much money but it can be valued up
to 225 bucks so it is worth doing if you're new to them now i do have an affiliate link for them
in the description below so check that out if you have an interest but thanks for watching
this video and i hope you guys genuinely learned how to do the math side of things so you know
what it's going to take invested in order to make a certain amount of dividends every month