How To Earn $500 A Month From Costco Stock Ahead Of Q4 Earnings

Core Insights - Costco Wholesale Corporation is set to release its fourth-quarter earnings results on September 25, with analysts expecting earnings of $5.81 per share, an increase from $5.29 per share in the same period last year [1] - The projected quarterly revenue for Costco is $86.06 billion, up from $79.7 billion a year earlier [1] Financial Performance - Costco has exceeded analyst revenue estimates in two consecutive quarters and five out of the last ten quarters [2] - The company currently offers an annual dividend yield of 0.55%, translating to a semi-annual dividend of $1.30 per share, or $5.20 annually [2] Dividend Strategy - To generate $500 monthly or $6,000 annually from dividends, an investment of approximately $1,090,842 or around 1,154 shares is required [2] - For a more modest income of $100 per month or $1,200 annually, an investment of $218,357 or around 231 shares is necessary [2] Dividend Yield Mechanics - 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 [3] - Changes in dividend payments also affect the yield; an increase in dividends raises the yield if the stock price remains constant [4] Stock Performance - Costco's shares rose by 0.2%, closing at $945.27 on the previous Wednesday [4]