United States Steel Corporation (NYSE: X) issued an upbeat profit forecast for the current quarter.
The company sees an adjusted per-share profit of $1.10 to $1.15 per share for the third quarter, versus analysts' estimates of $1.01 per share. It said the guidance reflects the expected impact on third-quarter financial results from the United Auto Workers strike.
With United States Steel issuing a profit forecast, some investors may be eyeing potential gains from the company’s dividends. As of now, United States Steel has a dividend yield of 0.66%, which is a quarterly dividend amount of $0.05 a share ($0.20 a year).
To figure out how to earn $500 monthly from United States Steel dividends, we start with the yearly target of $6,000 ...