PepsiCo, Inc. (NASDAQ:PEP) will release earnings results for its third quarter, before the opening bell on Tuesday, Oct. 8.
Analysts expect the Purchase, New York-based company to report quarterly earnings at $2.29 per share, up from $2.25 per share in the year-ago period. PepsiCo is projected to report revenue of $23.82 billion, up from $23.45 billion, according to data from Benzinga Pro.
Some investors may be eyeing potential gains from PepsiCo’s dividends. The company currently offers an annual dividend yield of 3.23%. That’s a quarterly dividend amount of $1.3550 per share ($5.42 a year).
So, how can investors exploit its dividend yield to pocket a regular $500 monthly?
To earn $500 per month or $6,000 annually from dividends alone, you would need an investment of ...
