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How To Earn $500 A Month From Microsoft Stock Ahead Of Q4 Earnings
Microsoft Corporation (NASDAQ:MSFT) will release its fiscal year fourth quarter financial results, after the closing bell on Tuesday.
Analysts expect the Redmond, Washington-based company to report quarterly earnings at $2.93 per share, up from $2.69 per share in the year-ago period. Microsoft is seen posting revenue of $64.39 billion, compared to $56.19 billion a year earlier, according to data from Benzinga Pro.
On July 23, Piper Sandler analyst Brent Bracelin reiterated Microsoft with an Overweight rating, while increasing the price target from $465 to $485.
With the recent buzz around Microsoft, some investors may be eyeing potential gains from the company's dividends too. As of now, Microsoft offers an annual dividend yield of 0.70%, which is a quarterly dividend amount of 75 cents per share ($3.00 a year).
So, ...