How To Earn $500 A Month From Clorox Stock Ahead Of Q1 Earnings - Clorox (NYSE:CLX)

Core Insights - Clorox Company is set to release its first-quarter earnings results on November 3, with analysts predicting earnings of 78 cents per share, a significant decrease from $1.86 per share in the same quarter last year [1] - The expected quarterly revenue for Clorox is $1.4 billion, down from $1.76 billion a year earlier [1] Analyst Ratings - JP Morgan analyst Andrea Teixeira has maintained a Neutral rating on Clorox and has reduced the price target from $135 to $127 [2] Dividend Information - Clorox currently offers an annual dividend yield of 4.41%, translating to a quarterly dividend of $1.24 per share, or $4.96 annually [2] - To achieve a monthly income of $500 from dividends, an investment of approximately $136,077 or around 1,210 shares is required, while a more modest goal of $100 per month would need about $27,215 or 242 shares [2] - The dividend yield is calculated by dividing the annual dividend payment by the stock's current price, which can fluctuate based on changes in stock price and dividend payments [3][4] Stock Performance - Clorox shares increased by 1.6%, closing at $112.46 on Thursday [4]