Here's How You Can Earn $100 In Passive Income By Investing In Kenvue Stock
Here's How You Can Earn $100 In Passive Income By Investing In Kenvue Stock
Here's How You Can Earn $100 In Passive Income By Investing In Kenvue Stock

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Kenvue Inc. (NYSE:KVUE) operates as a consumer health company in the U.S. and internationally. It operates through three segments: Self Care, Skin Health and Beauty, and Essential Health.

The 52-week range of Kenvue stock price was $17.67 to $25.17.

Kenvue's dividend yield is 3.47%. It paid $0.82 per share in dividends during the last 12 months.

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The Latest On Kenvue

On May 8, the company announced its Q1 2025 earnings, posting adjusted EPS of $0.24, compared to the consensus estimate of $0.23, and revenues of $3.74 billion, compared to the consensus of $3.68 billion, as reported by Benzinga.

"In Q1, our teams executed our plans while continuing to navigate an evolving macro and consumer environment," said CEO Thibaut Mongon. "We are committed and focused on activating our brands while staying agile and flexible to accelerate sustainable profitable growth."

Check out this article by Benzinga for eight analysts' insights on Kenvue.

Trending: Maker of the $60,000 foldable home has 3 factory buildings, 600+ houses built, and big plans to solve housing — you can become an investor for $0.80 per share today.

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

If you want to make $100 per month — $1,200 annually — from Kenvue dividends, your investment value needs to be approximately $34,582, which is around 1,462 shares at $23.66 each.

Understanding the dividend yield calculations: When making an estimate, you need two key variables — the desired annual income ($1,200) and the dividend yield (3.47% in this case). So, $1,200 / 0.0347 = $34,582 to generate an income of $100 per month.

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

The dividend yield can change over time. This is the outcome of fluctuating stock prices and dividend payments on a rolling basis.

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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).