Campbell Soup Co (NYSE: CPB) reported better-than-expected first-quarter earnings and reaffirmed FY24 guidance.
Campbell Soup reported a first-quarter FY24 sales decline of 2% year-on-year to $2.52 billion, in line with analyst expectations. Adjusted EPS of 91 cents beat the analyst consensus of 88 cents, according to Benzinga Pro.
With the recent buzz around Campbell Soup following strong earnings, some investors may be eyeing potential gains from the company’s dividends too. As of now, Campbell Soup offers an annual dividend yield of 3.42%, which is a quarterly dividend amount of 37 cents per share ($1.48 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 ...