24Business

How much would it take to earn $100 a month from Stanley Black & Decker stock


How much would it take to earn $100 a month from Stanley Black & Decker stock

Benzinga and Yahoo Finance LLC may earn a commission or revenue on some items via the links below.

Stanley Black & Decker, Inc. (NYSE:SWK) offers hand tools, power tools, outdoor products and related accessories internationally.

It will announce its Q4 2024 earnings on Feb 5th, 2025. Wall Street analysts expect the company to post EPS of $1.50, up from $0.92 in the same period last year. According to data from Benzinga Pro, quarterly revenue is expected to be $3.62 billion, down from $3.74 billion in the same period last year.

Stanley Black & Decker’s 52-week price range was $77.70 to $110.88.

Stanley Black & Decker’s dividend yield is 4.02%. During the last 12 months, it paid out $3.28 per share in dividends.

Don’t miss:

On Oct. 29, the company released its third-quarter 2024 earnings, posting a 5.2% year-over-year sales decline to $3.751 billion, missing the consensus estimate of $3.804 billion, as reported by Benzinga.

Revenue fell as DEWALT growth was offset by mixed market demand; the confiscation of infrastructure affected revenue growth by -2%. Gross profit increased 5.7% to $1.12 billion and gross margin increased 310 basis points to 29.9%. Adjusted EPS of $1.22 beat analysts’ consensus of $1.05.

The company revised its 2024 adjusted EPS outlook to $3.90-$4.30 (from $3.70-$4.50) versus an estimate of $4.20.

Look at this article by Benzingwhich deals with Stanley Black & Decker’s recent short interest.

See also: Commercial real estate has historically outperformed the stock market, and this platform allows individuals to invest in commercial real estate with as little as $5,000 offering a target return of 12% with a bonus 1% increase in returns today!

If you want to earn $100 a month—$1,200 a year—from Stanley Black & Decker’s dividends, your investment value must be approximately $29,851, which is about 366 shares at $81.65 each.

Understanding Dividend Yield Calculations: When evaluating, you need two key variables – the desired annual income ($1,200) and the dividend yield (4.02% in this case). So $1,200 / 0.0402 = $29,851 to generate $100 a month in income.

You can calculate the dividend yield by dividing the annual dividend payments by the current share price.



Source link

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button
Social Media Auto Publish Powered By : XYZScripts.com