How To Earn $500 A Month From Goldman Sachs Stock Ahead Of Q1 Earnings

Earnings Report - Goldman Sachs is set to release its first-quarter earnings results on April 14, with expected earnings of $12.35 per share, an increase from$11.58 per share in the same period last year [1] - The projected quarterly revenue is $14.81 billion, compared to$14.21 billion a year earlier [1] Analyst Ratings - JMP Securities analyst Devin Ryan has maintained a Market Outperform rating for Goldman Sachs, while lowering the price target from $625 to$600 [2] Dividend Information - Goldman Sachs currently offers an annual dividend yield of 2.45%, translating to a quarterly dividend of $3.00 per share, or$12.00 annually [2] - To achieve a monthly income of $500 from dividends, an investment of approximately$244,900 or around 500 shares is required [3] - For a more modest monthly income of $100, an investment of$48,980 or around 100 shares is needed [3] Dividend Yield Calculation - The dividend yield is calculated by dividing the annual dividend payment by the stock's current price, which can fluctuate based on changes in stock price and dividend payments [4] - For example, if a stock pays an annual dividend of $2 and is priced at$50, the yield is 4%. If the price rises to $60, the yield drops to 3.33$489.80 on Thursday [5]