How To Earn $500 A Month From Science Applications International Stock Ahead Of Q4 Earnings

Financial Performance - Science Applications International Corporation (SAIC) is set to release its fourth-quarter financial results on March 17, with analysts expecting earnings of $2.09 per share, an increase from $1.43 per share in the same period last year [1] - The projected quarterly revenue for SAIC is $1.81 billion, compared to $1.74 billion a year earlier [1] Dividend Information - SAIC currently offers an annual dividend yield of 1.42%, translating to a quarterly dividend of 37 cents per share, or $1.48 annually [2] - To generate $500 monthly or $6,000 annually from dividends, an investment of approximately $422,670 or around 4,054 shares is required. For a more modest income of $100 monthly or $1,200 annually, an investment of $84,555 or around 811 shares is needed [2] Dividend Yield Dynamics - The dividend yield can fluctuate based on changes in the stock price and dividend payments. It is calculated by dividing the annual dividend payment by the stock's current price [3][4] - For instance, if a stock's price increases while the dividend remains the same, the yield decreases, and vice versa [4][5] Stock Performance - Recently, shares of SAIC fell by 0.4%, closing at $104.26 [5]