How To Earn $500 A Month From 3M Stock Ahead Of Q4 Earnings

分组1 - 3M Company is set to release its fourth-quarter earnings on January 20, with analysts expecting earnings of $1.80 per share, an increase from $1.68 per share in the same period last year [1] - The consensus estimate for 3M's quarterly revenue is $6.02 billion, up from $5.81 billion reported in the previous year [1] - Deutsche Bank analyst downgraded 3M from Buy to Hold and reduced the price target from $199 to $178 [1] 分组2 - 3M currently has an annual dividend yield of 1.71%, translating to a quarterly dividend of 73 cents per share, or $2.92 annually [2] - To earn $500 monthly from dividends, an investment of approximately $351,611 or around 2,055 shares is required, while $100 monthly would need about $70,322 or 411 shares [2] - The dividend yield can fluctuate based on changes in the stock price and dividend payments [3][4] 分组3 - The dividend yield is calculated by dividing the annual dividend payment by the stock's current price, which can change with stock price fluctuations [3] - An increase in the dividend payment will raise the yield if the stock price remains constant, while a decrease will lower the yield [4] - 3M's shares rose by 0.7% to close at $171.10 [4]