How To Earn $500 A Month From Nordstrom Stock Ahead Of Q4 Earnings Report
Portfolio Pulse from Avi Kapoor
Nordstrom, Inc. (JWN) is anticipated to release its Q4 earnings on March 5, 2024, with expected earnings of 86 cents per share, up from 74 cents a year ago, and projected revenue of $4.38 billion, slightly up from $4.32 billion. The article also explores how investors can generate monthly income from Nordstrom's dividends, which currently yield 3.67%, by owning a significant number of shares. Additionally, it mentions the impact of stock price fluctuations on dividend yield and the recent price action of JWN shares, which fell 1.2% to close at $20.72.
March 04, 2024 | 1:20 pm
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Nordstrom is expected to report increased Q4 earnings and revenue, with a dividend yield of 3.67%. Recent stock price fell 1.2% to $20.72.
The expected increase in earnings and revenue for Q4 suggests a positive outlook for Nordstrom, potentially leading to a short-term positive impact on its stock price. However, the recent dip in stock price and the detailed analysis of dividend income strategies highlight the importance of dividends to investors, which could also influence stock performance. The anticipation of earnings release typically increases investor interest and can lead to stock price volatility.
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