How To Earn $500 A Month From Coca-Cola Stock Ahead Of Q3 Earnings

Earnings Report - The Coca-Cola Company is set to release its third-quarter earnings results on October 21, with analysts expecting earnings of 78 cents per share, an increase from 77 cents per share in the same period last year [1] - The consensus estimate for quarterly revenue is $12.41 billion, compared to $11.95 billion a year earlier [1] Dividend Information - Coca-Cola currently offers an annual dividend yield of 2.98%, translating to a quarterly dividend of 51 cents per share, or $2.04 annually [2] - To generate $500 monthly or $6,000 annually from dividends, an investment of approximately $201,282 or around 2,941 shares is required [2] - For a more modest income of $100 monthly or $1,200 annually, an investment of $40,243 or around 588 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] - Changes in stock price affect the dividend yield; for instance, if a stock priced at $50 pays a $2 annual dividend, the yield is 4%, but if the price rises to $60, the yield drops to 3.33% [3] Impact of Dividend Changes - Changes in dividend payments also impact the yield; an increase in dividends raises the yield if the stock price remains constant, while a decrease lowers it [4] - Coca-Cola's shares gained 1.3%, closing at $68.44 [4]