How To Earn $500 A Month From Wynn Resorts Stock Ahead Of Q2 Earnings Report

Group 1 - Wynn Resorts is expected to report Q3 earnings of $1.14 per share, an increase from $0.91 per share in the same period last year [1] - The company projects quarterly revenue of $1.75 billion, up from $1.54 billion a year ago [1] - Morgan Stanley analyst Stephen Grambling has maintained an Equal-Weight rating on Wynn Resorts and lowered the price target from $115 to $107 [1] Group 2 - Wynn Resorts currently offers an annual dividend yield of 1.36%, translating to a quarterly dividend of $0.25 per share, or $1.00 annually [1] - To earn $500 monthly from dividends, an investment of approximately $441,300 or around 6,000 shares is required [2] - For a more modest income of $100 monthly, an investment of $88,260 or around 1,200 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 [3] - If a stock's price increases, the dividend yield decreases, and vice versa [3] - Wynn Resorts shares fell 4.2% to close at $73.55 on Monday [3]