How To Earn $500 A Month From FedEx After Q1 Results
Portfolio Pulse from Priya Nigam
FedEx Corp (NYSE:FDX) reported better-than-expected earnings for its first quarter, while sales missed estimates. The company lowered its full-year revenue guidance, but raised its earnings outlook. FedEx offers an annual dividend yield of 1.92%, which is a quarterly dividend amount of $1.26 a share ($5.04 a year). To earn $500 per month or $6,000 annually from dividends alone, you would need an investment of approximately $311,601 or around 1190 shares.
September 22, 2023 | 3:06 pm
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
FedEx's Q1 earnings beat estimates but sales missed, leading to a mixed outlook. The company's dividend yield of 1.92% could provide regular income for investors with significant holdings.
FedEx's Q1 results were mixed, with earnings beating estimates but sales missing. This could lead to uncertainty in the stock's short-term performance. However, the company's dividend yield of 1.92% is a positive factor for investors seeking regular income, particularly those with the capacity to invest in a large number of shares.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100