How To Earn $500 A Month From ABM Industries Ahead Of Q1 Earnings Report
Portfolio Pulse from Avi Kapoor
ABM Industries Incorporated (NYSE:ABM) is set to release its Q1 earnings on March 7, 2024, with analysts expecting a decrease in earnings per share from the previous year. The company recently announced a partnership with the Arizona Diamondbacks and Chase Field. ABM offers a dividend yield of 2.18%, equating to a quarterly dividend of 22.5 cents a share. To earn a monthly dividend income of $500, an investor would need to own approximately 6,667 shares, valued around $271,680. The article also explains how dividend yield can fluctuate with stock price and dividend payment changes. ABM's stock fell 1.2% to close at $40.75 recently.
March 06, 2024 | 2:19 pm
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ABM Industries is anticipated to report a decrease in earnings per share in its upcoming Q1 earnings, has announced a new partnership, and offers a dividend yield of 2.18%. The stock recently experienced a 1.2% decline.
The expected decrease in earnings per share could negatively impact investor sentiment in the short term, leading to potential stock price decline. However, the dividend yield and new partnership announcement may provide some positive counterbalance. The recent 1.2% stock price drop indicates market reaction to these factors.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100