Analysts expect the San Francisco, California-based bank to report quarterly earnings of $1.58 per share, up from $1.39 per share in the year-ago period. The consensus estimate for Wells Fargo’s quarterly revenue is $21.77 billion. It reported $20.15 billion last year, according to Benzinga Pro.
With the recent buzz around Wells Fargo, some investors may be eyeing potential gains from the company’s dividends too. As of now, Wells Fargo has an annual dividend yield of 2.11%, which is a quarterly dividend amount of 45 cents per share ($1.80 a year).
So, how can investors exploit its dividend yield to pocket a regular $500 monthly?
To earn $500 per month or …