Lowe’s Companies, Inc. (NYSE:LOW) is set to release earnings results for its second quarter, before the opening bell on Tuesday, Aug. 20.
Analysts expect the Mooresville, North Carolina-based company to report quarterly earnings at $3.97 per share, down from $4.56 per share in the year-ago period. Lowe’s projects to report quarterly revenue of $23.91 billion for the quarter, according to data from Benzinga Pro.
With the recent buzz around Lowe’s, some investors may be eyeing potential gains from the company's dividends, too. Lowe’s currently offers an annual dividend yield of 1.91%. That’s a quarterly dividend amount of $1.15 per share ($4.60 a year). So, how can investors exploit its dividend yield to pocket a regular $500 monthly?
To earn $500 per month or $6,000 ...
