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Stock impact report

How To Earn $500 A Month From Steelcase Stock Ahead Of Q4 Earnings [Yahoo! Finance]

Steelcase Inc. (SCS) 
Last steelcase inc. earnings: 3/24 04:29 pm Check Earnings Report
US:NYSE Investor Relations: steelcase.com/investor-relations
Company Research Source: Yahoo! Finance
Analysts expect the company to report quarterly earnings at 21 cents per share, down from 23 cents per share in the year-ago period. Steelcase projects quarterly revenue of $790.9 million, compared to $775.2 million a year earlier, according to data from Benzinga Pro On Feb. 19, Steelcase named Megan Blazina as vice president, chief legal officer and secretary. With the recent buzz around Steelcase, some investors may be eyeing potential gains from the company's dividends too. As of now, Steelcase offers an annual dividend yield of 3.78%, which is a quarterly dividend amount of 10 cents per share (40 cents a year). To figure out how to earn $500 monthly from Steelcase, we start with the yearly target of $6,000 ($500 x 12 months). Next, we take this amount and divide it by Steelcase's $0.40 dividend: $6,000 / $0.40 = 15,000 shares. So, an investor would need to own approximately $158,700 worth of Steelcase, or 15,000 shares to generate a monthly dividend income of $500. As Show less Read more
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