How To Earn $500 A Month From Smith & Wesson Brands Stock Ahead Of Q4 Earnings

Group 1 - Smith & Wesson Brands, Inc. is expected to report fourth-quarter earnings of 34 cents per share, an increase from 28 cents per share in the same period last year [1] - The company anticipates revenue of $156.8 million for the quarter, compared to $144.78 million in the year-ago quarter [1] - Smith & Wesson Brands reported better-than-expected third-quarter financial results on March 7 [2] Group 2 - The company offers an annual dividend yield of 2.94%, translating to a quarterly dividend of 12 cents per share, or 48 cents annually [2] - To earn $500 monthly from dividends, an investment of approximately $204,250 or around 12,500 shares is required [2] - For a more modest income of $100 per month, an investment of $40,850 or around 2,500 shares is needed [2] Group 3 - The dividend yield is calculated by dividing the annual dividend payment by the stock's current price, which can fluctuate based on stock price changes [4] - Changes in dividend payments also impact the yield; an increase in dividends raises the yield if the stock price remains constant [5] - Smith & Wesson Brands' shares gained 1.1% to close at $16.34 on Tuesday [5]