30 shares of VOO right now
7/20/2024 04:35am
**Buying 30 shares of VOO**: Your purchase of 30 shares of VOO at the current market price of $519.04 per share will cost you a total of $15,570. The details are as follows:
1. **Market Price**: The current market price for VOO is $519.04 per share.
2. **Purchase Quantity**: You are purchasing 30 shares of VOO.
3. **Total Cost**: The total cost of your purchase is calculated by multiplying the market price by the number of shares, which is $15,570.
4. **Dividend Yield**: VOO has a dividend yield of 1.28%, which means you can expect to receive approximately $0.065 per share in dividends annually.
5. **Expense Ratio**: The expense ratio for VOO is 0.03%, which is significantly lower than the industry average, making it an economical choice for investors.
Your investment in VOO provides you with exposure to the S&P 500 index, which is a widely recognized benchmark of U.S. stock market performance. VOO is known for its low cost, high diversification, and ability to track the performance of the index closely. It is a suitable option for investors seeking a low-cost, diversified investment in the U.S. large-cap market.