How much do you need to invest in CSL shares for $8,000 in annual dividends?

MotleyFool04-17

It's probably fair to say that most ASX investors who buy shares of CSL Ltd (ASX: CSL) don't do so for the dividend income potential. Unlike most of the top shares on the S&P/ASX 200 Index (ASX: XJO) ...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2428358673?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2024-04-17 10:32","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2428358673","market":"hk","top_or_hot":-1,"title":"How much do you need to invest in CSL shares for $8,000 in annual dividends?","media":"MotleyFool","content":"<div>\n<p>It's probably fair to say that most ASX investors who buy shares of CSL Ltd (ASX: CSL) don't do so for the dividend income potential.\nUnlike most of the top shares on the S&P/ASX 200 Index (ASX: XJO) ...</p>\n\n<a href=\"https://www.fool.com.au/2024/04/17/how-much-do-you-need-to-invest-in-csl-shares-for-8000-in-annual-dividends/\">Source Link</a>\n\n</div>\n","source":"motleyfoolau_stock","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>How much do you need to invest in CSL shares for $8,000 in annual dividends?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nHow much do you need to invest in CSL shares for $8,000 in annual dividends?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-04-17 10:32 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com.au/2024/04/17/how-much-do-you-need-to-invest-in-csl-shares-for-8000-in-annual-dividends/><strong>MotleyFool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>It's probably fair to say that most ASX investors who buy shares of CSL Ltd (ASX: CSL) don't do so for the dividend income potential.\nUnlike most of the top shares on the S&P/ASX 200 Index (ASX: XJO) ...</p>\n\n<a href=\"https://www.fool.com.au/2024/04/17/how-much-do-you-need-to-invest-in-csl-shares-for-8000-in-annual-dividends/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK7135","symbol_name":"综合性银行","start_time":0,"source_url":"https://www.fool.com.au/2024/04/17/how-much-do-you-need-to-invest-in-csl-shares-for-8000-in-annual-dividends/","article_id":"2428358673","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2428358673","pubTimestamp":1713321168,"sourceInfo":{"source_id":"motleyfoolau_stock","name":"MotleyFool"},"weMediaInfo":null,"summary":"It's probably fair to say that most ASX investors who buy shares of CSL Ltd  don't do so for the dividend income potential.Unlike most of the top shares on the S&P/ASX 200 Index  like Commonwealth Bank of Australia  or BHP Group Ltd , CSL has never been regarded as a generous dividend income payer. The healthcare giant has typically offered a dividend yield of around 1% for most of the past five years.Those dividends don't usually come fully franked either, which further decreases CSL's appeal to ASX income investors.However, as we've covered before, this reputation somewhat disguises CSL's true worth as a dividend stock. After all, CSL has successfully and relatively consistently been raising its dividend payments to shareholders over the past decade.But let's get to the bottom of that question by checking out how much money you'd need to invest in CSL shares to bag yourself $8,000 a year in passive dividend income.How much would you need to spend on CSL shares to bag $8,000 in passiv","collect":0,"end_time":0,"defaultTopTitle":"fool.com.au","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK7135":"综合性银行","BK4086":"建筑产品","WBC.AU":"WESTPAC BANKING CORPORATION","BK7508":"医药生物股","SGXZ23171101.USD":"NIKKO AM SHENTON GLOBAL OPPORTUNITIES (USD) ACC","BK7067":"生物科技","SG9999004303.SGD":"Nikko AM Shenton Global Opportunities SGD","BK7511":"ESG概念","CBA.AU":"COMMONWEALTH BANK OF AUSTRAL","BK7501":"新冠治疗股","LU1169589451.USD":"ALLSPRING (LUX)  U.S. SELECT EQUITY \"A\" (USD) ACC","LU1169590202.USD":"ALLSPRING (LUX)  U.S. SELECT EQUITY \"I\" (USD) ACC","CSL.AU":"CSL LIMITED","BK7095":"多种金属与采矿","CSL":"卡莱尔伙伴","BK7507":"资源股","BHP.AU":"BHP GROUP LTD","XJO.AU":"标普/澳交所 200指数"},"translate_title":"8000美元的年度股息需要投资多少CSL股票？","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"CBA.AU":1,"XJO.AU":1,"WBC.AU":1,"CSL.AU":1,"CSL":1,"BHP.AU":1},"content_text":"It's probably fair to say that most ASX investors who buy shares of CSL Ltd (ASX: CSL) don't do so for the dividend income potential.\nUnlike most of the top shares on the S&P/ASX 200 Index (ASX: XJO) like Commonwealth Bank of Australia (ASX: CBA) or BHP Group Ltd (ASX: BHP), CSL has never been regarded as a generous dividend income payer. The healthcare giant has typically offered a dividend yield of around 1% for most of the past five years.\nThose dividends don't usually come fully franked either, which further decreases CSL's appeal to ASX income investors.\nHowever, as we've covered before, this reputation somewhat disguises CSL's true worth as a dividend stock. After all, CSL has successfully and relatively consistently been raising its dividend payments to shareholders over the past decade.\nTo illustrate, this company paid out a total of 91.04 cents per share in dividends back in 2013. But after a decade of raising its payouts almost every year, 2023 saw the company dole out a much-improved $3.63 in dividends per share.\nThis year's interim dividend of $1.80 per share was another increase over last year's equivalent payout of $1.62.\nWith dividend growth like that, it's conceivable that an investor today can expect to see at least some substantial income from buying CSL shares today.\nBut let's get to the bottom of that question by checking out how much money you'd need to invest in CSL shares to bag yourself $8,000 a year in passive dividend income.\nHow much would you need to spend on CSL shares to bag $8,000 in passive income?\nLet's start by assuming that CSL will pay out the same $3.80 over the coming 12 months as it has over the past 12 months. We should always hope, rather than assume, that a company's dividends will at least be maintained at the previous year's levels.\nRemember, there is no obligation for any company to maintain a previous year's payout levels. Or any dividends at all for that matter.\nBut CSL does have a pretty good track record in this department, as we've already established. So for argument's sake, we'll assume CSL's dividends will remain at least stable for the next 12 months.\nAt the current CSL share price of $276.14 (at the time of writing), that $3.80 in dividends per share gives CSL a trailing dividend yield of 1.19%.\nThis means that in order to secure $8,000 in annual passive dividend income from this ASX 200 healthcare stock, one would need to spend approximately $672,300 buying up CSL shares at the current stock price.\nThat's obviously not a great source of passive income relative to the capital requirement. To illustrate, to secure $8,000 in annual dividend income from Westpac Banking Corp (ASX: WBC) shares right now, you'd only need to fork out around $145,000 on Westpac stock at its present pricing. That's the difference between a starting yield of 1.19% and 5.52%\nGrowth and dividends\nHowever, as we noted at the start, CSL has never made dividend income a priority for shareholders. This company has historically chosen to spend its free cash flow on research and development and other avenues that could lead to overall business growth, rather than paying shareholders out.\nSaying that, long-term shareholders have still enjoyed plenty of dividend income, thanks to this company's long track record of raising its dividends. An investor who bought CSL shares back in 2013 would be enjoying a Westpac-like yield of around 5.6% on their cost today.\nSo keep all of this in mind if you're considering buying CSL shares for your ASX stock portfolio today.","kind":null,"is_publish_news":null,"is_publish_highlight":null,"is_publish_live":null,"is_publish_wemedia":null,"editions":null,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.22.4","shortVersion":"4.22.4","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2428358673"}