SCHW - How To Earn $500 A Month From Charles Schwab Stock Following Q3 Earnings | Benzinga
The Charles Schwab Corporation (NYSE: SCHW) on Monday reported better-than-expected earnings for the third quarter.
The company posted a quarterly net revenue decline of 16% year-over-year to $4.61 billion, missing the consensus of $4.63 billion. Adjusted EPS stood at $0.77, down 30% Y/Y, exceeding the consensus of $0.75.
With Charles Schwab reporting upbeat quarterly earnings, some investors may be eyeing potential gains from the company’s dividends. As of now, Charles Schwab has a dividend yield of 1.86%, which is a quarterly dividend amount of 25 cents a share ($1.00 a year).
To figure out how to earn $500 monthly from Charles Schwab dividends, we start with the yearly target of $6,000 ($500 x 12 months).
Next, we take ...