Walt Disney Company (NYSE:DIS) will release earnings results for the third quarter before the opening bell on Wednesday, Aug. 6.
Analysts expect the Burbank, California-based company to report quarterly earnings at $1.44 per share, versus $1.39 per share in the year-ago period. Disney projects to report quarterly revenue at $23.76 billion, compared to $23.16 billion a year earlier, according to data from Benzinga Pro.
With the recent buzz around Disney, some investors may also be eyeing potential gains from the company’s dividends. Currently, Disney offers an annual dividend yield of 0.84%. That’s a semi-annual dividend amount of 50 cents per share ($1.00 a year).
To figure out how to earn $500 monthly from Disney, we start with the yearly target of $6,000 ($500 x 12 months).
Next, we take this amount and divide it by Disney’s $1.00 dividend: $6,000 …