Intuit Inc. (NASDAQ:INTU) will release its fiscal fourth quarter earnings report after the closing bell on Tuesday, Aug. 25.
Analysts expect the company to report quarterly earnings of $3.59 per share, up from $2.75 per share in the year-ago period. The consensus estimate for Intuit’s quarterly revenue is $4.27 billion. It reported $3.83 billion last year, according to Benzinga Pro.
Ahead of quarterly earnings, Deutsche Bank analyst Brad Zelnick, on Aug. 19, maintained a Buy rating on Intuit and lowered the price target from $530 to $425.
With the recent buzz around Intuit, some investors may be eyeing potential gains from the company’s dividends too. As of now, INTU has an annual dividend yield of 1.33%, which is a quarterly dividend amount of $1.20 per share ($4.80 a year).
So, how can investors leverage its dividend yield to pocket a regular $500 per month?
