Jabil Inc. (NYSE:JBL) will release earnings for its third quarter before the opening bell on Wednesday, June 17.
Analysts expect the Florida-based manufacturer to report quarterly earnings of $3.10 per share. That’s up from $2.55 per share in the year-ago period. The consensus estimate for Jabil's quarterly revenue is $8.61 billion (it reported $7.83 billion last year), according to Benzinga Pro.
Jabil investors may be eyeing potential dividend gains. As of now, the company has an annual dividend yield of 0.09%, which translates to a quarterly dividend of 8 cents per share (32 cents per year).
So, how can investors use its dividend yield to pocket a regular $500 per month?
To earn $500 per month or $6,000 annually from dividends alone, you would need an investment of approximately $6,606,750 or around 18,750 shares. For a more modest $100 per month or $1,200 per year, you would need $1,321,350 or around 3,750 shares.
