KBH - How To Earn $500 A Month From KB Home Stock After Upbeat Earnings | Benzinga
KB Home (NYSE: KBH) recently reported better-than-expected earnings for its third quarter.
The company reported a third-quarter FY23 sales decline of 13.9% year-on-year to $1.59 billion, beating the analyst consensus of $1.48 billion. EPS of $1.80 beat the analyst consensus of $1.43.
Homes delivered in the quarter decreased 7% to 3,375, and the average selling price fell 8.3% to $466,300.
With KB Home reporting upbeat earnings, some investors may be eyeing potential gains from the company’s dividends. As of now, KB Home has a dividend yield of 1.73%, which is a quarterly dividend amount of $0.20 a share ($0.80 a year).
To figure out how to earn $500 monthly from KB Home dividends, we start with the yearly target of $6,000 ($500 x 12 ...