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How To Earn $500 A Month From HP Stock Ahead Of Q2 Earnings Report
HP Inc. (NYSE:HPQ) is scheduled to release earnings results for its second quarter, after the closing bell on Wednesday.
Analysts expect the Palo Alto, California-based company to report quarterly earnings at 81 cents per share, up from 80 cents per share in the year-ago period. HP is projected to report quarterly revenue of $12.6 billion, according to data from Benzinga Pro.
On May 21, Barclays analyst Tim Long upgraded the rating for HP from Underweight to Equal-Weight, while increasing the price target from $24 to $30.
With the recent buzz around HP, some investors may be eyeing potential gains from the company's dividends. As of now, HP has a dividend yield of 3.33%, which is a quarterly dividend amount of 27.56 cents a share ($1.102 a year).
To figure out how to earn $500 monthly from ...