How To Earn $500 A Month From Procter & Gamble Stock After Earnings Beat
Portfolio Pulse from Lisa Levin
Procter & Gamble Co (NYSE:PG) reported better-than-expected earnings for its third quarter with a sales growth of 6.1% Y/Y to $21.87 billion, beating the consensus of $21.67 billion. The company has a dividend yield of 2.51%, which is a quarterly dividend amount of $0.94 a share ($3.76 a year). To earn $500 monthly from Procter & Gamble dividends, an investor would need to own approximately $239,148 worth of Procter & Gamble, or 6,000 shares.
October 19, 2023 | 12:45 pm
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POSITIVE IMPACT
Procter & Gamble's better-than-expected earnings and strong dividend yield could attract more investors, potentially driving the stock price up in the short term.
Procter & Gamble's strong earnings report and attractive dividend yield could make the stock more appealing to investors. This increased demand could drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100