How To Earn $500 A Month From Morgan Stanley Stock Ahead Of Q2 Earnings - Morgan Stanley (NYSE:MS)

Morgan Stanley (NYSE:MS) will release its second quarter earnings report before the opening bell on Wednesday, July 15.

Analysts expect the bank to report quarterly earnings of $2.81 per share, up from $2.13 per share in the year-ago period. The consensus estimate for Morgan Stanley’s quarterly revenue is $19.34 billion. It reported $16.79 billion last year, according to Benzinga Pro.

Ahead of quarterly earnings, UBS analyst Erika Najarian maintained Morgan Stanley with a Buy on July 7 and raised the price target from $214 to $255, while B of A Securities analyst Ebrahim Poonawala maintained the stock with a Buy and raised the price target from $225 to $250.

With the recent buzz around Morgan Stanley, some investors may be eyeing potential gains from the company’s dividends too. As of now, Morgan Stanley has an annual dividend yield of 1.80%, which is a quarterly dividend amount of $1.00 per share ($4.00 a year).

So, how can investors exploit its dividend yield to pocket a regular $500 monthly?