How To Earn $500 A Month From United States Steel Stock After Upbeat Earnings Outlook
Portfolio Pulse from Priya Nigam
United States Steel Corporation (NYSE:X) has issued an upbeat profit forecast for the current quarter, expecting an adjusted per-share profit of $1.10 to $1.15, higher than analysts' estimates of $1.01. The company's dividend yield is currently 0.66%, with a quarterly dividend amount of $0.05 a share. The article also explains how an investor can earn $500 monthly from United States Steel dividends, which would require owning approximately $915,900 worth of United States Steel, or 30,000 shares.
September 19, 2023 | 12:34 pm
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United States Steel Corporation's upbeat profit forecast and stable dividends could attract investors, potentially driving up the stock price in the short term.
The company's higher than expected profit forecast indicates strong financial performance, which is a positive signal to investors. Additionally, the company's stable dividends could make it an attractive investment for income-focused investors. Both these factors could increase demand for the stock, potentially driving up its price in the short term.
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