How To Earn $500 A Month From NRG Energy Stock Ahead Of Q1 Earnings

Group 1 - NRG Energy is set to release its first-quarter earnings results on May 12, with analysts expecting earnings of $1.67 per share, a significant increase from $0.90 per share in the same period last year [1] - Jefferies analyst Julien Dumoulin-Smith has maintained a Buy rating for NRG Energy and raised the price target from $113 to $132 [1] - NRG Energy currently offers an annual dividend yield of 1.46%, translating to a quarterly dividend of $0.44 per share, or $1.76 annually [2] Group 2 - To achieve a monthly income of $500 from dividends, an investment of approximately $410,239 or around 3,409 shares is required, while a more modest goal of $100 per month would need about $82,072 or 682 shares [2] - The dividend yield can fluctuate based on changes in the stock price and dividend payments, as it is calculated by dividing the annual dividend by the stock's current price [3][4] - NRG Energy's shares gained 1.4%, closing at $120.34 on Thursday [5]