Earn $500 Monthly from Visa Stock Before Q4 Earnings
Visa Inc. (NYSE: V) is set to announce its fourth-quarter earnings results on Tuesday after the market closes. Analysts project that Visa will report earnings of $2.97 per share, a notable increase from $2.71 per share reported in the same quarter last year. Additionally, consensus estimates suggest that Visa’s quarterly revenue will reach $10.61 billion, up from $9.62 billion in the previous year, according to Benzinga Pro.
Recent Earnings Trends
Visa has shown resilience and growth, beating analyst revenue expectations in four consecutive quarters. In fact, the company has surpassed forecasts in nine of its last ten quarters.
Investor Dividends
With rising investor interest, some are exploring ways to earn $500 monthly from Visa’s dividends. Currently, Visa provides an annual dividend yield of 0.68%, translating to a quarterly payment of 59 cents per share, which amounts to $2.36 annually.
Calculating Monthly Earnings
To achieve a target of $500 per month, investors would need a total of $6,000 annually. The calculation is as follows:
- Annual goal: $6,000
- Divide by annual dividend: $6,000 / $2.36 = approximately 2,542 shares
- Investment required: 2,542 shares x current share price ($347.82) = about $884,158
For those aiming for a more conservative monthly income of $100, the calculations are as follows:
- Annual goal: $1,200
- Divide by annual dividend: $1,200 / $2.36 = approximately 508 shares
- Investment required: 508 shares x current share price = about $176,693
Understanding Dividend Yield Fluctuations
The dividend yield is subject to change, influenced by both the stock price and the dividend payment amount. For instance:
- Annual dividend of $2, stock price of $50 = 4% yield
- Stock price rises to $60 = yield drops to 3.33%
- Stock price falls to $40 = yield increases to 5%
Changes in dividend payments can also affect yield. An increased dividend, while the stock price remains stable, would lead to a higher yield.
Recent Stock Performance
On Monday, Visa’s share price rose by 0.1%, closing at $347.82. This increase reflects continued investor confidence ahead of the upcoming earnings release.
