<div id="readability-page-1"><div><div>Apple Inc. 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 &#34;Liquid Glass,&#34; 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 by Apple $1.04 dividend: $6,000 / 1.04 = 5,769 shares.So, an investor would need to own approximately $1,146,762 worth of Apple, or 5,769 shares to generate a monthly dividend income of $500.Assuming a more conservative goal of $100 monthly ($1,200 annually), we do the same calculation: $1,200 / $1.04 = 1,154 shares, or $229,392 to generate a monthly dividend income of $100.Note that dividend yield can change on a rolling basis, as the dividend payment and the stock price both fluctuate over time.Today's Best Finance DealsThe dividend yield is calculated by dividing the annual dividend payment by the current stock price. As the stock price changes, the dividend yield will also change.For example, if a stock pays an annual dividend of $2 and its current price is $50, its dividend yield would be 4%. However, if the stock price increases to $60, the dividend yield would decrease to 3.33% ($2/$60).Conversely, if the stock price decreases to $40, the dividend yield would increase to 5% ($2/$40).Further, the dividend payment itself can also change over time, which can also impact the dividend yield. If a company increases its dividend payment, the dividend yield will increase even if the stock price remains the same. Similarly, if a company decreases its dividend payment, the dividend yield will decrease.AAPL Price Action: Shares of Apple fell by 1.9% to close at $198.78 on Wednesday.<ul> <li>Top 2 Consumer Stocks That May Plunge In June</li> </ul>Photo: Akhenaton Images/Shutterstock</div></div></div>

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Apple Inc. shares closed lower by 1.9% at $198.78 as investors reacted to the recent Worldwide Developers Conference. Despite showcasing new features, some analysts were disappointed with advancements in AI. Apple offers a 0.52% annual dividend yield, equating to $1.04 per share. To earn $500 monthly, an investor would need approximately 5,769 shares, totaling about $1.15 million. For a more conservative goal of $100 monthly, 1,154 shares or around $229,392 would be required. Dividend yields fluctuate with stock prices and dividend payments.

- Apple Inc. shares closed lower by 1.9% at $198.78 as investors reacted to the Worldwide Developers Conference announcements.  
- The event introduced updates, including a new design language, but some analysts were disappointed with advancements in artificial intelligence.  
- To earn $500 monthly from dividends, an investor would need approximately 5,769 shares, equating to about $1,146,762, while a goal of $100 monthly requires 1,154 shares, or $229,392.

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