How To Earn $500 A Month From Delta Air Lines Stock Ahead Of Q3 Earnings

Core Insights - Delta Air Lines is expected to report third-quarter earnings of $1.53 per share, an increase from $1.50 per share in the same period last year, with projected revenue of $15.94 billion compared to $15.68 billion a year earlier [1] Dividend Information - Delta currently offers an annual dividend yield of 1.29%, translating to a quarterly dividend of $0.19 per share, or $0.75 annually [2] - To achieve a monthly income of $500 from dividends, an investor would need to own approximately 8,000 shares, equating to an investment of about $466,080 [3] - For a more conservative monthly income goal of $100, an investor would need 1,600 shares, requiring an investment of approximately $93,216 [3] Dividend Yield Dynamics - The dividend yield is calculated by dividing the annual dividend payment by the current stock price, which can fluctuate based on stock price changes [4] - If a company's stock price increases while the dividend payment remains the same, the dividend yield decreases, and vice versa [4][5] - Changes in the dividend payment itself can also affect the dividend yield; an increase in the dividend payment raises the yield if the stock price stays constant [5] Stock Performance - Delta Air Lines shares increased by 1.8%, closing at $58.26 [5] - Analyst Christopher Stathoulopoulos from Susquehanna maintained a Positive rating on Delta and raised the price target from $65 to $68 [6]