How To Earn $500 A Month From Delta Air Lines Stock Ahead Of Q3 Earnings

Delta Air Lines, Inc. (NYSE: DAL ) will release third-quarter earnings before the opening bell on Friday, Oct. 9. 71 per share a year ago.

92 billion. 67 billion last year, according to Pro. Ahead of quarterly earnings, Susquehanna analyst Christopher Stathoulopoulos maintained a Positive rating on Delta Air and lowered the price target from $105 to $100, while Bernstein analyst David Vernon maintained an Outperform rating and cut the price target from $106 to $100. With the recent buzz around Delta Air Lines, some investors may be eyeing potential gains from the company’s dividends.

5 cents per share (86 cents 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 about $578,882, or around 6,977 shares. For a more modest $100 per month ($1,200 per year), you would need $115,743 or about 1,395 shares.

86 in this case). 86 = 1,395 shares ($100 per month). Note that dividend yield can change on a rolling basis, as dividend payments and stock prices 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 dividend payments can affect 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. 97 on Wednesday. Photo via Shutterstock