Maximizing Monthly Income from Smith & Wesson Stocks
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Understanding Smith & Wesson Brands Stock
Smith & Wesson Brands, Inc. (NASDAQ: SWBI) is preparing to announce its earnings results for the first quarter. Investors are keenly watching the performance of the company, especially given its history and potential for future growth.
What to Expect From the Earnings Report
Market analysts anticipate that Smith & Wesson Brands may report a quarterly loss of 2 cents per share, contrasting with a profit of 7 cents per share from the same period last year. The expected revenue for this quarter stands at approximately $102.53 million.
Analyzing Recent Earnings Trends
In the previous quarterly earnings report, Smith & Wesson announced earnings of 45 cents per share, significantly exceeding the analyst consensus estimate of 34 cents per share. This demonstrates the company's capability to outperform expectations, which can be an encouraging signal for potential investors.
Dividend Yield: A Steady Income Stream
Investors should closely evaluate the dividend offerings from Smith & Wesson Brands. The company currently provides a healthy annual dividend yield of 3.65%, translating to a quarterly dividend payment of 13 cents per share. This consistent dividend policy may appeal to those looking for regular income from investments.
Calculating Potential Income from Dividends
If you're aiming to earn $500 monthly from dividends, a substantial investment is required. Approximately $164,417, equivalent to around 11,538 shares, would be necessary to yield a total of $6,000 annually. Alternatively, a more modest target of $100 per month would necessitate an investment of about $32,889 or roughly 2,308 shares.
Understanding Dividend Yield Fluctuations
The calculation of dividend yield tends to fluctuate based on the stock's price and the company’s dividend payments. For instance, if a stock pays an annual dividend of $2 at a share price of $50, the yield is 4%. If the share price rises to $60, the yield consequently diminishes to 3.33%. Conversely, if the share price drops, the yield can increase, given the dividend payment remains static.
Current Market Performance of SWBI
As of the last trading session, shares of Smith & Wesson Brands experienced a decline of 1.6%, closing at $14.25. This movement in the stock price can factor into dividend yield calculations and investor sentiment.
Frequently Asked Questions
What is Smith & Wesson's current dividend yield?
The company currently has an annual dividend yield of 3.65%.
How many shares do I need to earn $500 monthly?
To earn $500 every month, you would need to invest approximately $164,417 to own around 11,538 shares.
What factors influence dividend yield?
Dividend yield is influenced by the stock price and changes in the dividend payments declared by the company.
What was the last reported earnings per share for Smith & Wesson?
In the last report, the company announced earnings of 45 cents per share, beating analyst estimates.
How did Smith & Wesson's stock perform recently?
The stock experienced a 1.6% drop, closing at $14.25 during the last trading day.
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