How To Earn $500 A Month From Apple Stock

Apple Inc. (NASDAQ:AAPL) shares closed lower on Wednesday as investors continued to digest announcements from this week's Worldwide Developers Conference.

The much-anticipated event showcased updates across Apple's operating systems, including a new design language called "Liquid Glass," but left some analysts and investors underwhelmed by its advancements in artificial intelligence.

With the recent buzz around Apple, some investors may be eyeing potential gains from the company's dividends too. As of now, Apple offers an annual dividend yield of 0.52%, which is a quarterly dividend amount of 26 cents per share ($1.04 a year).

To figure out how to earn $500 monthly from Apple, we start with the yearly target of $6,000 ($500 x 12 months).

Next, we take this amount and divide it ...