Analysts expect the Moline, Illinois-based company to report quarterly earnings at $4.59 per share, down from $6.29 per share in the year-ago period. Deere projects to report quarterly revenue of $10.33 billion, compared to $11.39 billion a year earlier, according to data from Benzinga Pro.
With the recent buzz around Deere, some investors may be eyeing potential gains from the company’s dividends too. Currently, Deere offers an annual dividend yield of 1.28% — a quarterly dividend amount of $1.62 per share ($6.48 a year).
So, how can investors capitalize on its dividend yield to earn a regular $500 monthly?
To earn $500 per month …