How To Earn $500 A Month From Jabil Stock Ahead Of Q2 Earnings

Financial Performance - Jabil Inc. is set to release its second-quarter financial results on March 20, with analysts expecting earnings of $1.83 per share, an increase from$1.68 per share in the same period last year [1] - The company projects quarterly revenue of $6.4 billion, down from$6.77 billion a year earlier [1] - Goldman Sachs analyst Mark Delaney has maintained a Buy rating on Jabil and raised the price target from $160 to$179 [1] Dividend Information - Jabil currently offers an annual dividend yield of 0.24%, with a quarterly dividend of 8 cents per share, totaling 32 cents annually [2] - To earn $500 monthly from dividends, an investment of approximately$2,542,875 or around 18,750 shares is required, while $100 monthly would need about$508,575 or 3,750 shares [2] - 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 [3] Market Reaction - Jabil's shares fell by 2% to close at $135.62 on Tuesday [4]