Home Finance How much would it cost to make $100 a month on Stanley Black & Decker stock?

How much would it cost to make $100 a month on Stanley Black & Decker stock?

by trpliquidation
0 comment
How much would it cost to make $100 a month on Stanley Black & Decker stock?
How much would it cost to make $100 a month from Stanley Black & Decker stock
How much would it cost to make $100 a month on Stanley Black & Decker stock?

Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below.

Stanley Black & Decker, Inc. (NYSE:SWK) supplies hand tools, power tools, outdoor products and related accessories internationally.

It will report its fourth-quarter 2024 earnings on February 5, 2025. Wall Street analysts expect the company to post earnings per share of $1.50, compared to $0.92 in the same period a year ago. According to data from Benzinga Pro, quarterly revenue is expected to reach $3.62 billion, up from $3.74 billion a year ago.

Stanley Black & Decker’s 52-week price range was $77.70 to $110.88.

Stanley Black & Decker’s dividend yield is 4.02%. Over the last twelve months, the company paid $3.28 per share in dividends.

Don’t miss:

On October 29, the company reported third-quarter 2024 earnings, reporting a 5.2% year-over-year revenue decline to $3.751 billion, missing the consensus estimate of $3.804 billion, as reported by Benzinga.

Sales declined as DEWALT’s growth was offset by mixed market demand; The infrastructure divestiture impacted revenue growth by -2%. Gross profit rose 5.7% to $1.12 billion and gross margin grew 310 basis points to 29.9%. Adjusted earnings per share of $1.22 exceeded the analyst consensus of $1.05.

The company revised its 2024 adjusted earnings outlook to $3.90 – $4.30 (from $3.70 – $4.50) versus the $4.20 estimate.

Check this out article from Benzingawhich looks at Stanley Black & Decker’s recent brief interest.

See also: Commercial real estate has historically outperformed the stock market, and This platform allows individuals to invest in commercial real estate with as little as $5,000, offering a target return of 12% with a bonus 1% return increase today!

To earn $100 per month – $1,200 per year – from Stanley Black & Decker’s dividends, your investment value would need to be approximately $29,851, which equates to approximately 366 shares at $81.65 each.

Understanding dividend yield calculations: When estimating, you need two important variables: the desired annual income ($1,200) and the dividend yield (in this case 4.02%). So $1,200 / 0.0402 = $29,851 to generate an income of $100 per month.

You can calculate the dividend yield by dividing the annual dividend payments by the current share price.

You may also like

logo

Stay informed with our comprehensive general news site, covering breaking news, politics, entertainment, technology, and more. Get timely updates, in-depth analysis, and insightful articles to keep you engaged and knowledgeable about the world’s latest events.

Subscribe

Subscribe my Newsletter for new blog posts, tips & new photos. Let's stay updated!

© 2024 – All Right Reserved.