How To Earn $500 A Month From Helmerich & Payne Stock Ahead Of Q4 Earnings

Core Insights - Helmerich & Payne, Inc. is set to release its fourth-quarter earnings results on November 17, with analysts predicting earnings of 26 cents per share, a significant decrease from 76 cents per share in the same quarter last year [1] - The expected quarterly revenue for Helmerich & Payne is $973.08 million, up from $693.79 million a year earlier [1] Analyst Ratings and Price Target - Citigroup analyst Scott Gruber has maintained a Neutral rating on Helmerich & Payne and raised the price target from $17 to $26 [2] - The company currently offers an annual dividend yield of 3.71%, translating to a quarterly dividend of 25 cents per share, or $1.00 annually [2] Dividend Strategy - To achieve a monthly income of $500 from dividends, an investment of approximately $161,880 or around 6,000 shares is required, while a more modest goal of $100 per month would need an investment of $32,376 or about 1,200 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 - Shares of Helmerich & Payne increased by 1.4%, closing at $26.98 [4]