How To Earn $500 A Month From TD Synnex Stock Ahead Of Q1 Earnings Report
Portfolio Pulse from Avi Kapoor
TD SYNNEX Corporation (NYSE:SNX) is anticipated to release its Q1 earnings report on March 26, 2024, with expected earnings of $2.84 per share and quarterly revenue of $14.36 billion. The company recently appointed Miriam Murphy as the leader of its European business. TD SYNNEX offers a dividend yield of 1.52%, equating to a quarterly dividend of 40 cents a share. To earn a monthly dividend income of $500, an investor would need to own approximately 3,750 shares, valued around $395,400. The dividend yield and payment can fluctuate over time, impacting the income from dividends.
March 26, 2024 | 6:09 am
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TD SYNNEX is expected to report Q1 earnings with a slight decrease in EPS from the previous year and a dividend yield of 1.52%. The company's recent leadership appointment in Europe and its dividend strategy are highlighted.
The expected slight decrease in earnings per share (EPS) from the previous year might concern some investors, potentially impacting the stock price negatively in the short term. However, the company's stable dividend yield and the recent appointment of a new leader for its European business could balance out investor sentiment, maintaining a neutral short-term impact on the stock price. The detailed calculations provided for earning monthly dividend income highlight the company's dividend as a significant aspect for investors, which could attract dividend-focused investors.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 100