How To Earn $500 A Month From Calavo Growers Ahead Of Q1 Earnings
Portfolio Pulse from Avi Kapoor
Calavo Growers, Inc. (NASDAQ:CVGW) offers a dividend yield of 1.37%, equating to a quarterly dividend of 10 cents per share. To earn a monthly dividend income of $500, an investor would need to own approximately 15,000 shares, valued at around $439,500. The company is expected to report Q1 earnings with an anticipated EPS of 17 cents, compared to a loss of 8 cents per share a year ago, and revenue of $252.67 million. CVGW's stock price recently fell 0.5% to $29.30.
March 11, 2024 | 12:31 pm
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Calavo Growers offers a 1.37% dividend yield with a quarterly dividend of 10 cents per share. The company is expected to report a Q1 EPS of 17 cents, against a prior year loss, with projected revenue of $252.67 million. The stock recently fell by 0.5% to $29.30.
The anticipation of Q1 earnings and the recent stock price movement could lead to short-term volatility. However, the stable dividend yield suggests a neutral impact overall, as investors may weigh the earnings expectations against the recent performance and dividend attractiveness.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100