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How to Earn $500 a Month from GE Aerospace Stock Ahead of Q4 Earnings – GE Aero (NYSE:GE)

General Electric Aerospace General Electric The company will release its fourth-quarter financial results before the opening bell on Thursday, January 23.

Analysts expect the Ohio-based company to report quarterly earnings at $1.04 per share, up from $1.03 per share in the same period last year. GE Aerospace expects quarterly revenue of $9.47 billion, compared to $19.42 billion a year earlier, according to data from Benzinga Pro.

On January 2, Deutsche Bank analyst Scott Duschl It maintained GE Aero with a Buy rating and lowered its price target from $235 to $228.

With the recent hype around GE Aerospace, some investors may be looking at potential gains from the company’s earnings. As of now, GE Aerospace offers an annual dividend yield of 0.60%, a quarterly dividend amount of 28 cents per share ($1.12 annually).

To learn how to make $500 a month from GE Aerospace, we start with an annual goal of $6,000 ($500 x 12 months).

Next, we take that amount and divide it by GE Aerospace’s earnings of $1.12: $6,000 / $1.12 = 3,000 shares.

Therefore, an investor would need to own approximately $1,004,438 in GE Aerospace, or 5,357 shares, to generate a monthly dividend income of $500.

Assuming a more conservative goal of $100 per month ($1,200 per year), we do the same calculation: $1,200 / $1.12 = 1,071 shares, or $200,813 to generate a monthly dividend income of $100.

Note that the dividend yield can change on a rolling basis, as the dividend payment and stock price fluctuate over time.

Dividend yield is calculated by dividing the annual dividend by the current stock price. As the stock price changes, the dividend yield will also change.

For example, if a stock pays an annual dividend of $2 and its current price is $50, its dividend yield would be 4%. However, if the stock price rises to $60, the dividend yield will fall to 3.33% ($2/$60).

Conversely, if the stock price falls to $40, the dividend yield will increase to 5% ($2/$40).

Furthermore, the dividend payment itself can also change over time, which could also impact the dividend yield. If a company increases its dividend, the dividend yield will increase even if the stock price stays the same. Likewise, if a company cuts its dividend, its dividend yield will decrease.

General Electric price action: Shares of GE Aerospace rose 2.5% to close at $187.50 on Tuesday.

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