How To Earn $500 A Month From Campbell's Stock Ahead Of Q3 Earnings

Earnings Report - Campbell's Company (CPB) is set to release its third-quarter earnings results on June 2, with analysts expecting earnings of 66 cents per share, a decrease from 75 cents per share in the same period last year [1] - The company projects quarterly revenue of $2.43 billion, an increase from $2.37 billion reported in the previous year [1] Analyst Ratings - Piper Sandler analyst Michael Lavery has maintained an Overweight rating on Campbell's, while lowering the price target from $45 to $42 [2] Dividend Information - Campbell's offers an annual dividend yield of 4.57%, translating to a quarterly dividend of 39 cents per share, or $1.56 annually [2] - To generate $500 monthly or $6,000 annually from dividends, an investment of approximately $131,418 or around 3,846 shares is required. For $100 monthly or $1,200 annually, an investment of $26,277 or around 769 shares is needed [2] 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 [3][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%, and if it falls to $40, the yield increases to 5% [3] Stock Performance - Shares of Campbell's gained 1.1%, closing at $34.17 on Thursday [4]