How To Earn $500 A Month From Spectrum Brands Stock Ahead Of Q4 Earnings [Yahoo! Finance]
Spectrum Brands Holdings, Inc. (SPB)
Last spectrum brands holdings, inc. earnings: 4/30 06:30 am
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Source: Yahoo! Finance
The Middleton, Wisconsin-based company projects to report quarterly revenue of $747.51 million, compared to $740.7 million a year earlier, according to data from Benzinga Pro. On Aug. 8, Spectrum Brands reported better-than-expected third-quarter revenue results. Additionally, the company approved a $500 million share repurchase program. With the recent buzz around Spectrum Brands ahead of quarterly earnings, some investors may be eyeing potential gains from the company's dividends, too. Spectrum Brands currently offers an annual dividend yield of 1.79%. That's a quarterly dividend amount of 42 cents per share ($1.68 a year). To figure out how to earn $500 monthly from Spectrum Brands, we start with the yearly target of $6,000 ($500 x 12 months). Next, we take this amount and divide it by Spectrum Brands' $1.68 dividend: $6,000 / $1.68 = 3,571 shares. So, an investor would need to own approximately $334,603 worth of Spectrum Brands, or 3,571 shares to generate a monthly div
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SPB
Earnings
- 11/15/24 - Miss
SPB
Analyst Actions
- 11/18/24 - Canaccord Genuity
SPB
Sec Filings
- 11/21/24 - Form 4
- 11/20/24 - Form 4
- 11/20/24 - Form 4
- SPB's page on the SEC website