How To Earn $500 A Month From Verizon Stock Ahead Of Q3 Earnings Results

Verizon Communications Inc. (NYSE:VZ) will release earnings results for its third quarter, before the opening bell on Tuesday, Oct. 22,

Analysts expect the New York-based company to report quarterly earnings at $1.18 per share. That’s up from $1.11 per share in the year-ago period. Verizon projects to report revenue of $33.43 billion for the recent quarter, compared to $30.48 billion a year earlier, according to data from Benzinga Pro.

United States Cellular Corporation (NYSE:USM) recently agreed to sell part of its retained spectrum licenses to Verizon for $1 billion.

With the recent buzz around Verizon, some investors may be eyeing potential gains from the company's dividends too. As of now, Verizon offers an annual dividend yield of 6.16%. That’s a quarterly dividend of 67.75 cents per share ($2.71 a year).

To figure out ...