How To Earn $500 A Month From Oxford Industries Stock Ahead Of Q2 Earnings

Core Insights - Investors are increasingly focusing on dividend stocks as a stable income source due to market volatility and economic uncertainties [1] - Oxford Industries, Inc. is set to release its second-quarter earnings results on September 10, with expectations of a decline in earnings per share and revenue compared to the previous year [2] Company Performance - Analysts predict Oxford Industries will report earnings of $1.18 per share, down from $2.77 per share in the same quarter last year [2] - Projected quarterly revenue for Oxford Industries is $406.12 million, a decrease from $419.89 million a year earlier [2] - Telsey Advisory Group maintains a Market Perform rating for Oxford Industries with a price target of $52 [2] Dividend Insights - Oxford Industries currently offers an annual dividend yield of 6.80%, translating to a quarterly dividend of 69 cents per share, or $2.76 annually [3] - To achieve a monthly income of $500 from dividends, an investment of approximately $88,286 or around 2,174 shares is required [3] - For a more modest monthly income of $100, an investment of $17,665 or around 435 shares is necessary [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 stock price changes [4][5] - Changes in dividend payments also affect the yield; an increase in dividends raises the yield if the stock price remains constant [6] Stock Performance - Shares of Oxford Industries fell by 3.6%, closing at $40.61 on Monday [6]