How To Earn $500 A Month From Marvell Technology Stock Ahead Of Q3 Earnings

分组1 - Marvell Technology, Inc. is set to release its third-quarter earnings results on December 2, with analysts expecting earnings of 74 cents per share, an increase from 43 cents per share in the same period last year [1] - The consensus estimate for Marvell's quarterly revenue is projected at $2.07 billion, compared to $1.52 billion a year earlier [1] - Marvell currently offers an annual dividend yield of 0.27%, translating to a quarterly dividend of 6 cents per share [2] 分组2 - To achieve a monthly income of $500 from dividends, an investment of approximately $2,235,000 or around 25,000 shares is required, while a more modest goal of $100 per month would need an investment of $447,000 or about 5,000 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 [3] - Changes in dividend payments also affect the yield; an increase in dividends raises the yield if the stock price remains constant [4] 分组3 - Marvell's stock price rose by 1% to close at $77.45 on the last trading day [4] - Analyst Christopher Rolland from Susquehanna maintained a Positive rating on Marvell and raised the price target from $80 to $100 [4]