Published on 25 May 2024 on Motley Fool via Yahoo Finance
Currently, investors would need to buy roughly $29,400 worth of Unilever (NYSE: UL) stock -- or about 542 shares -- to receive $1,000 in annual dividend income. As impressive as the consumer staples juggernaut's 3.4% dividend yield is, this outlay of hard-earned cash may make $1,000 of dividend income seem unattainable to many investors.