How To Earn $500 A Month From Dole Stock Ahead Of Q1 Earnings Report
Portfolio Pulse from Avi Kapoor
Dole plc (NYSE:DOLE) is set to release its Q3 earnings on May 15, with expected earnings of 31 cents per share, down from 34 cents a year ago, and projected revenue of $2.12 billion, up from $1.99 billion. The company offers a 2.62% annual dividend yield. To earn $500 monthly from dividends, an investment of approximately $229,125 is needed.
May 14, 2024 | 12:54 pm
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Dole plc is anticipated to report a slight decrease in EPS for Q3, but an increase in revenue. The company's dividend yield remains attractive at 2.62%, offering a potential income stream for investors.
The expected decrease in EPS could signal a short-term negative impact on DOLE's stock price. However, the increase in revenue and the stable dividend yield could mitigate this impact, making the overall short-term effect neutral. The dividend yield provides an attractive income opportunity for investors, which could support the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100