How To Put $100 In Your Retirement Fund Each Month With Merck Stock

Merck MRK operates as a healthcare company worldwide. It operates through two segments, Pharmaceutical and Animal Health.

The 52-week range of Merck stock price was $75.93 to $134.63.

Merck's dividend yield is 4.06%. It paid $3.24 per share in dividends during the last 12 months.

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The Latest On Merck

On April 24, the company announced its Q1 2025 earnings, posting adjusted earnings of $2.22 per share, beating the consensus of $2.14, as reported by Benzinga. The company reported quarterly sales of $15.53 billion, above the consensus estimate of $15.31 billion.

Merck revised its full-year 2025 adjusted EPS guidance to a range of $8.82 to $8.97, compared to the consensus estimate of $8.95. The company reaffirmed its 2025 sales guidance of $64.10 billion to $65.60 billion, compared to the consensus of $65 billion.

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

If you want to make $100 per month — $1,200 annually — from Merck dividends, your investment value needs to be approximately $29,557, which is around 367 shares at $80.57 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 (4.06% in this case). So, $1,200 / 0.0406 = $29,557 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).

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In summary, income-focused investors may find Merck stock an attractive option for making a steady income of $100 per month by owning 367 shares of stock. There may be more upside to come as investors benefit from the company's consistent dividend hikes. Merck has raised its dividend consecutively for the last 14 years. 

Check out this article by Benzinga for three more stocks offering high dividend yields. 

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