How To Earn $500 A Month From NetApp Stock Ahead Of Q3 Earnings
Portfolio Pulse from Avi Kapoor
NetApp, Inc. (NASDAQ:NTAP) is anticipated to report Q3 earnings of $1.69 per share, down from $1.37 per share a year ago, with projected revenue of $1.59 billion. The company previously beat Q2 estimates with earnings of $1.58 per share and sales of $1.56 billion. NetApp offers a 2.27% dividend yield, equating to a quarterly dividend of 50 cents a share. To earn $500 monthly from dividends, an investor would need approximately 3,000 shares, valued around $264,090. The article also explains how dividend yield fluctuates with stock price and dividend payment changes. NTAP shares rose 1% to close at $88.03 recently.
February 29, 2024 | 1:41 pm
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NetApp is expected to report Q3 earnings of $1.69 per share with $1.59 billion in revenue. The company offers a 2.27% dividend yield. Shares recently rose 1% to $88.03.
The anticipation of NetApp's Q3 earnings, coupled with its solid dividend yield, positions NTAP for potential short-term gains. The recent share price increase reflects positive market sentiment. However, the actual earnings outcome will be crucial in determining the immediate stock direction.
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