How To Earn $500 A Month From Cracker Barrel Stock Ahead Of Q1 Earnings

Core Insights - Cracker Barrel Old Country Store, Inc. is expected to report a quarterly loss of 68 cents per share for the first quarter, a significant decline from a profit of 45 cents per share a year ago [1] - The consensus estimate for quarterly revenue is $802.22 million, which represents a decrease from $845.09 million in the same quarter last year, marking the lowest revenue in 15 quarters [1][2] Revenue Performance - The company has only beaten analyst revenue estimates in three of the last ten quarters [2] - The projected revenue of $802.22 million is the lowest since the third fiscal quarter of 2022, which reported $790.2 million [2] Dividend Information - Cracker Barrel currently offers an annual dividend yield of 3.59%, translating to a quarterly dividend of 25 cents per share, or $1.00 annually [2] - To achieve a monthly income of $500 from dividends, an investor would need to own approximately 6,000 shares, equating to a total investment of about $159,720 [3] - For a more conservative monthly income goal of $100, an investor would need 1,200 shares, requiring an investment of approximately $31,944 [4] Stock Price and Dividend Yield Dynamics - The dividend yield is subject to change based on fluctuations in the stock price and dividend payments [4][5] - For instance, if the stock price increases, the dividend yield decreases, and vice versa [5] - Recent trading saw Cracker Barrel shares decline by 4.4%, closing at $26.62 [6]