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Gilead Sciences (NASDAQ:GILD) is a biopharmaceutical company that discovers, develops, and commercializes medicines in the areas of unmet medical need in the U.S. and internationally.
The 52-week range of Gilead Sciences stock price was $62.07 to $119.96.
Gilead Sciences' dividend yield is 3.05%. It paid $3.16 per share in dividends during the last 12 months.
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The Latest On Gilead Sciences
On April 24, the company announced its Q1 2025 earnings, posting EPS of $1.81, beating the consensus estimate of $1.76, as reported by Benzinga. Quarterly revenue came in at $6.67 billion, which missed the analyst consensus estimate of $6.77 billion.
Gilead Sciences lowered its full-year 2025 EPS guidance from a range of $5.95 to $6.35 to a range of $5.65 to $6.05, compared to the consensus of $6.21.
How Can You Earn $100 Per Month As A Gilead Sciences Investor?
If you want to make $100 per month — $1,200 annually — from Gilead Sciences dividends, your investment value needs to be approximately $39,344, which is around 379 shares at $103.68 each.
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Understanding the dividend yield calculations: When making an estimate, you need two key variables — the desired annual income ($1,200) and the dividend yield (3.05% in this case). So, $1,200 / 0.0305 = $39,344 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.
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).
In summary, income-focused investors may find Gilead Sciences stock an attractive option for making a steady income of $100 per month by owning 379 shares of stock. There may be more upside to come as investors benefit from the company's consistent dividend hikes. Gilead Sciences has raised its dividend consecutively for the last 10 years.