How To Earn $500 A Month From Qualcomm Stock Ahead Of Q4 Earnings

Qualcomm Incorporated (NASDAQ:QCOM) will release earnings results for its fourth quarter, after the closing bell on Wednesday, Nov. 6.

Wall Street expects the San Diego, California-based company to report quarterly earnings at $2.56 per share, up from $2.02 per share in the year-ago period. The company projects to report revenue of $9.9 billion, compared to $8.66 billion a year earlier, according to data from Benzinga Pro.

On Tuesday, JPMorgan analyst Samik Chatterjee maintained Qualcomm with an Overweight and lowered the price target from $210 to $195.

With the recent buzz around Qualcomm ahead of quarterly earnings, some investors may be eyeing potential gains from the company's dividends, too. Qualcomm currently offers an annual dividend yield of 2.05%. That’s a quarterly dividend amount of 85 cents per share ($3.40 a year).

To figure ...