How To Earn $500 A Month From Kohl's Stock Ahead Of Q2 Earnings Report

Earnings Expectations - Kohl's Corporation is expected to release its second-quarter earnings results before the market opens on Wednesday, with analysts projecting earnings of 45 cents per share, a decrease from 52 cents per share in the same period last year [1] - The projected revenue for Kohl's is $3.58 billion [1] Analyst Ratings and Price Target - Telsey Advisory Group analyst Dana Telsey has maintained a Market Perform rating for Kohl's, with a price target set at $23 [2] Dividend Information - Kohl's currently has a dividend yield of 10.07%, with a quarterly dividend of 50 cents per share, equating to an annual dividend of $2 [2] - To achieve a monthly income of $500 from dividends, an investor would need to own approximately 3,000 shares, which would require an investment of about $59,610 [3] - For a more conservative monthly income goal of $100, an investor would need to hold 600 shares, amounting to an investment of approximately $11,922 [3] Dividend Yield Dynamics - The dividend yield can fluctuate based on changes in the stock price and dividend payments, calculated by dividing the annual dividend by the current stock price [4] - For instance, if the stock price rises to $60, the dividend yield would decrease to 3.33%, while a drop to $40 would increase the yield to 5% [5] - Changes in the dividend payment itself can also affect the yield; an increase in dividends raises the yield if the stock price remains constant, and a decrease lowers it [5] Stock Performance - Kohl's shares increased by 0.7%, closing at $19.87 on Monday [5]