STZ - How To Earn $500 A Month From Constellation Brands Stock Ahead Of Q4 Earnings | Benzinga
Constellation Brands, Inc. (NYSE: STZ) is set to release earnings results for its fourth quarter (Q4) before the opening bell on April 11, 2024.
Some investors may be eyeing potential gains from the Victor, New York-based company’s dividends.
Constellation currently offers an annual dividend yield of 1.34%, which is a quarterly dividend amount of 89 cents per share ($3.56 a year).
So, how can investors exploit its dividend yield to pocket a regular $500 monthly?
To earn $500 per month or $6,000 annually from dividends alone, you would need an investment of approximately $447,587 or around 1,685 shares. For a more modest $100 per month or $1,200 per year, you would need $89,517 or around 337 shares.
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