How To Earn $500 A Month From Walgreens Stock Ahead Of Q2 Earnings

Walgreens Boots Alliance, Inc. (NASDAQ:WBA) volition merchandise net results for the 2nd quarter, earlier the opening doorbell connected Tuesday, April 8.

Analysts expect the institution to study quarterly net astatine 53 cents per share, down from $1.2 per stock successful the year-ago period. According to information from Benzinga Pro, Walgreens projects quarterly gross astatine $38.0 billion, compared to $37.05 cardinal a twelvemonth earlier.

On March 6, Walgreens Boots Alliance entered an statement to beryllium acquired by backstage equity steadfast Sycamore Partners.

With the caller buzz astir Walgreens, immoderate investors whitethorn besides beryllium eyeing imaginable gains from the company's dividends. As of now, Walgreens offers an yearly dividend output of 9.36%, which is simply a quarterly dividend magnitude of 25 cents per stock ($1.00 a year).

So, however tin investors exploit its dividend output to pouch a regular $500 monthly?

To gain $500 per period oregon $6,000 annually from dividends alone, you would request an concern of astir $64,080 oregon astir 6,000 shares. For a much humble $100 per period oregon $1,200 per year, you would request $12,816 oregon astir 1,200 shares.

To calculate: Divide the desired yearly income ($6,000 oregon $1,200) by the dividend ($1.00 successful this case). So, $6,000 / $1.00 = 6,000 ($500 per month), and $1,200 / $1.00 = 1,200 shares ($100 per month).

View much net connected WBA

Note that dividend output tin alteration connected a rolling ground arsenic the dividend outgo and banal terms fluctuate implicit time.

How that works: The dividend output is computed by dividing the yearly dividend outgo by the stock’s existent price.

For example, if a banal pays an yearly dividend of $2 and is presently priced astatine $50, the dividend output would beryllium 4% ($2/$50). However, if the banal terms increases to $60, the dividend output drops to 3.33% ($2/$60). Conversely, if the banal terms falls to $40, the dividend output rises to 5% ($2/$40).

Similarly, changes successful the dividend outgo tin interaction the yield. If a institution increases its dividend, the output volition besides increase, provided the banal terms stays the same. Conversely, if the dividend outgo decreases, truthful volition the yield.

WBA Price Action: Shares of Walgreens fell 3.4% to adjacent astatine $10.68 connected Friday.

Read More:

• Wall Street’s Most Accurate Analysts Give Their Take On 3 Health Care Stocks With Over 4% Dividend Yields

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This nonfiction How To Earn $500 A Month From Walgreens Stock Ahead Of Q2 Earnings primitively appeared connected Benzinga.com

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