How To Earn $500 A Month From Heico Stock Ahead Of Q3 Earnings

Earnings Report - HEICO Corporation is set to release its third-quarter earnings results on August 25, with analysts expecting earnings of $1.14 per share, an increase from $0.97 per share in the same period last year [1] - The projected quarterly revenue is $1.12 billion, compared to $992.25 million a year earlier [1] Acquisition - On July 24, HEICO announced the acquisition of Gables Engineering, Inc. by its Electronic Technologies Group [2] Dividend Information - HEICO currently offers an annual dividend yield of 0.08%, translating to a semi-annual dividend of $0.12 per share, or $0.24 annually [2] - To earn $500 monthly from dividends, an investment of approximately $7,693,000 or around 25,000 shares is required, while $100 monthly would need about $1,538,600 or 5,000 shares [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% [3] Stock Performance - HEICO shares gained 0.2%, closing at $307.72 on Thursday [4]