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How To Earn $500 A Month From McKesson Stock Ahead Of Q4 Earnings Report
Analysts expect McKesson Corporation (NYSE:MCK) to report fourth-quarter earnings of $6.34 per share after the closing bell on May 7.
That’s down from $7.19 per share in the year-ago period.
However, the Irving, Texas-based company is projected to post revenue of $79.32 billion, compared to $68.91 billion a year earlier, per Benzinga Pro. With the recent buzz around McKesson, some investors may be eyeing potential gains from the company's dividends, too.
McKesson currently offers an annual dividend yield of 0.46%, which is a quarterly dividend amount of 62 cents per share ($2.48 a year).
So, how can investors exploit its dividend yield to pocket a regular $500 monthly?
To ...