How To Earn $500 A Month From Kohl's Stock Ahead Of Q2 Earnings - Kohl's (NYSE:KSS)

Kohl’s Corporation (NYSE:KSS) will release earnings for its second quarter before the opening bell on Wednesday, Aug. 26.

Analysts expect the company to report quarterly earnings of 57 cents per share, up from 56 cents per share in the year-ago period. The consensus estimate for Kohl’s quarterly revenue is $3.34 billion. It reported $3.35 billion last year, according to Benzinga Pro.

Ahead of quarterly earnings, JP Morgan analyst Matthew Boss, on Aug. 18, maintained Kohl’s with an Underweight rating and raised the price target from $15 to $17.

With the recent buzz around Kohl’s, some investors may be eyeing potential gains from the company’s dividends too. As of now, Kohl’s has an annual dividend yield of 2.84%, which is a quarterly dividend amount of 12.5 cents per share (50 cents a year).

To figure out how to earn $500 monthly from Kohl’s, we start with the yearly target of $6,000 ($500 x 12 months).