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

Core Insights - Levi Strauss & Co. is set to release its third-quarter earnings results on October 9, with analysts predicting earnings of 31 cents per share, a decrease from 33 cents per share in the same period last year [1] - The company anticipates quarterly revenue of $1.50 billion, slightly down from $1.52 billion a year earlier [1] Dividend Information - Levi Strauss has appointed Chris Callieri as the new senior vice president and chief supply chain officer [2] - The company currently offers an annual dividend yield of 2.27%, translating to a quarterly dividend of 14 cents per share, or 56 cents annually [2] - To generate $500 monthly or $6,000 annually from dividends, an investment of approximately $264,207 or around 10,714 shares is required [2] - For a more modest income of $100 per month or $1,200 annually, an investment of $52,846 or around 2,143 shares is needed [2] Dividend Yield Calculation - The dividend yield is calculated by dividing the annual dividend payment by the stock's current price [3] - For instance, if a stock pays an annual dividend of $2 and is priced at $50, the yield is 4% [3] - Changes in stock price affect the yield; if the price increases, the yield decreases, and vice versa [3][4] Stock Performance - Shares of Levi Strauss rose by 0.8%, closing at $24.66 on Wednesday [4]