How To Earn $500 A Month From Kohl's Stock Ahead Of Q2 Earnings Report
Portfolio Pulse from Avi Kapoor
Kohl's Corporation (NYSE:KSS) is set to release its Q2 earnings, with analysts expecting a decrease in earnings per share from 52 cents to 45 cents and projected revenue of $3.58 billion. The company offers a high dividend yield of 10.07%, with a quarterly dividend of 50 cents per share. To earn $500 monthly from dividends, an investor would need to own 3,000 shares, worth approximately $59,610. The stock recently closed at $19.87, up 0.7%.
August 27, 2024 | 12:02 pm
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Kohl's is expected to report lower Q2 earnings per share, but offers a high dividend yield of 10.07%. The stock price recently increased by 0.7% to $19.87.
The expected decrease in earnings per share may negatively impact the stock price, but the high dividend yield could attract income-focused investors, balancing the short-term impact. The recent stock price increase suggests some positive sentiment.
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RELEVANCE 100