Dick's Sporting Goods(US:DKS) Benzinga·2025-05-23 12:49Group 1 - Dick's Sporting Goods, Inc. is set to release its first-quarter earnings results on May 28, with analysts predicting earnings of $4.33 per share and revenue of $3.6 billion [1] - The company has recently announced a definitive deal to acquire Foot Locker, Inc., valuing Foot Locker's equity at approximately $2.4 billion and its enterprise at about $2.5 billion [1] - The current annual dividend yield for Dick's Sporting Goods is 2.81%, translating to a quarterly dividend of $1.21 per share, or $4.85 annually [2] Group 2 - To generate a monthly income of $500 from dividends, an investment of around $213,259 or approximately 1,237 shares is required, while a more modest goal of $100 per month would need about $42,583 or 247 shares [2] - 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 [3] - Changes in dividend payments also affect the yield; an increase in dividends raises the yield if the stock price remains constant, while a decrease lowers it [4] Group 3 - Shares of Dick's Sporting Goods experienced a decline of 2%, closing at $172.40 [4]