The Gap, Inc. (NYSE:GAP) will release its second-quarter earnings report after the closing bell on Thursday, Aug. 27.
Analysts expect the company to report quarterly earnings of 49 cents per share, down from 57 cents per share in the year-ago period. The consensus estimate for Gap’s quarterly revenue is $3.69 billion. It reported $3.73 billion last year, according to Benzinga Pro.
Ahead of quarterly earnings, on Aug. 21, Goldman Sachs analyst Brooke Roach maintained a Buy rating on Gap and lowered the price target from $28 to $25.
With the recent buzz around Gap, some investors may be eyeing potential gains from the company’s dividends too. As of now, Gap has an annual dividend yield of 3.31%, with a quarterly dividend of 17.5 cents per share (70 cents per year).
So, how can investors use its dividend yield to pocket a regular $500 per month?
