How To Earn $500 A Month From Eli Lilly Stock Ahead Of Q2 Earnings
Portfolio Pulse from Avi Kapoor
Eli Lilly and Company (NYSE:LLY) is set to release its Q2 earnings on August 8, with analysts expecting an increase in both earnings per share and revenue compared to the previous year. The company currently offers a dividend yield of 0.66%, translating to a quarterly dividend of $1.30 per share. Investors would need to own approximately $915,330 worth of Eli Lilly stock to generate a monthly dividend income of $500. The article also discusses how dividend yields can fluctuate based on stock price and dividend payment changes.
August 07, 2024 | 1:26 pm
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Eli Lilly is expected to report strong Q2 earnings, with analysts projecting an EPS of $2.60 and revenue of $9.92 billion. The company's dividend yield is currently 0.66%, offering a quarterly dividend of $1.30 per share. Investors would need to own approximately $915,330 worth of Eli Lilly stock to generate a monthly dividend income of $500.
The anticipated strong earnings report and the detailed dividend yield information are likely to positively impact Eli Lilly's stock price in the short term. Investors may be attracted to the stock due to its potential for earnings growth and dividend income.
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