How To Earn $500 A Month From Nordstrom Stock Ahead Of Q2 Earnings Report
Portfolio Pulse from Avi Kapoor
Nordstrom, Inc. (NYSE:JWN) is set to release its Q2 earnings report, with analysts expecting a decrease in earnings per share compared to last year. The company has declared a quarterly dividend of 19 cents per share, offering a 3.50% annual yield. Investors can earn $500 monthly from dividends with a significant investment. Nordstrom's stock recently gained 2.7%.
August 26, 2024 | 12:28 pm
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Nordstrom is expected to report lower Q2 earnings per share compared to last year. The company offers a 3.50% annual dividend yield, with a recent stock price increase of 2.7%.
The expected decrease in earnings per share may concern investors, but the stable dividend yield and recent stock price increase could offset negative sentiment. The dividend yield is attractive for income-focused investors, but the earnings report will be crucial for short-term price movements.
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