SWBI - How To Earn $500 A Month From Smith & Wesson Stock After Upbeat Earnings | Benzinga
Smith & Wesson Brands, Inc (NASDAQ: SWBI) reported better-than-expected financial results on Thursday.
The company posted first-quarter earnings of 13 cents per share, beating market estimates of 5 cents per share. Quarterly sales came in $114.20 million versus expectations of $100.93 million.
With Smith & Wesson reporting strong quarterly earnings, some investors may be eyeing potential gains from the company’s dividends. As of now, Smith & Wesson has a dividend yield of 4.57%, which is a quarterly dividend amount of $0.12 a share ($0.48 a year).
To figure out how to earn $500 monthly from Smith & Wesson dividends, we start with the yearly target of $6,000 ($500 x 12 months).
Next, we take this amount and divide it by ...