American Eagle Outfitters, Inc. (NYSE: AEO) reported better-than-expected earnings for its second quarter and raised its FY2024 operating income guidance.
American Eagle posted quarterly earnings of 25 cents per share, beating market estimates of 16 cents per share. The company’s quarterly sales came in at $1.20 billion versus expectations of $1.20 billion.
With the buzz around American Eagle following upbeat quarterly earnings, some investors may be eyeing potential gains from the company’s dividends, too. As of now, American Eagle offers an annual dividend yield of 2.30%, which is a quarterly dividend amount of $0.10 a share ($0.40 a year).
So, how can investors exploit its dividend yield to pocket a regular $500 ...