How To Earn $500 A Month From Lamb Weston Stock Ahead Of Q1 Earnings
Lamb Weston Holdings Inc (NYSE: LW ) will release earnings for its first quarter before the opening bell on Tuesday, Oct. 6. Analysts expect the company to report quarterly earnings of 59 cents per share, down from 74 cents per share in the year-ago period. The consensus estimate for LW’s quarterly revenue is $1.65 billion. It reported $1.66 billion last year, according to Pro. Ahead of quarterly earnings, JPMorgan analyst Thomas Palmer maintained a Neutral rating on Lamb Weston on Wednesday and lowered the price target from $52 to $46. With the recent buzz around Lamb Weston, some investors may also be eyeing potential gains from the company’s dividends. As of now, Lamb Weston has an annual dividend yield of 3.69%, which is a quarterly dividend amount of 38 cents per share ($1.52 a year). So, how can investors exploit its dividend yield to pocket a regular $500 monthly? To earn $500 per month or $6,000 annually from dividends alone, you would need an investment of approximately $162,537 or around 3,947 shares. For a more modest $100 per month or $1,200 per year, you would need $32,491 or around 789 shares. To calculate: Divide the desired annual income ($6,000 or $1,200) by the di
Lamb Weston Holdings Inc (NYSE: LW ) will release earnings for its first quarter before the opening bell on Tuesday, Oct. 6. Analysts expect the company to report quarterly earnings of 59 cents per share, down from 74 cents per share in the year-ago period. 65 billion.
66 billion last year, according to Pro. Ahead of quarterly earnings, JPMorgan analyst Thomas Palmer maintained a Neutral rating on Lamb Weston on Wednesday and lowered the price target from $52 to $46. With the recent buzz around Lamb Weston, some investors may also be eyeing potential gains from the company’s dividends. 52 a year).
So, how can investors exploit its dividend yield to pocket a regular $500 monthly? To earn $500 per month or $6,000 annually from dividends alone, you would need an investment of approximately $162,537 or around 3,947 shares. For a more modest $100 per month or $1,200 per year, you would need $32,491 or around 789 shares. 52 in this case).
52 = 789 shares ($100 per month). Note that dividend yield can change on a rolling basis, as the dividend payment and the stock price both fluctuate over time. How that works: The dividend yield is computed by dividing the annual dividend payment by the stock’s current price. For example, if a stock pays an annual dividend of $2 and is currently priced at $50, the dividend yield would be 4% ($2/$50).
33% ($2/$60). Conversely, if the stock price falls to $40, the dividend yield rises to 5% ($2/$40). Similarly, changes in the dividend payment can impact the yield. If a company increases its dividend, the yield will also increase, provided the stock price stays the same.
Conversely, if the dividend payment decreases, so will the yield. 18 on Thursday. Photo via Shutterstock