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

Weyerhaeuser Company (NYSE:WY) will release earnings results for its third quarter, after the closing bell on Thursday, Oct. 24,

Analysts expect the company to report quarterly earnings at 1 cent per share, down from 33 cents per share in the year-ago period. Weyerhaeuser projects to report revenue of $1.68 billion for the recent quarter, compared to $2.02 billion a year earlier, according to data from Benzinga Pro.

On Oct. 15, Truist Securities analyst Michael Roxland maintained Weyerhaeuser with a Hold and raised the price target from $31 to $34.

With the recent buzz around Weyerhaeuser, some investors may be eyeing potential gains from the company's dividends too. As of now, Weyerhaeuser offers an annual dividend yield of 2.51%. That’s a quarterly dividend of 20 cents per share (80 cents a year).

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