Cisco Systems, Inc. Csco Its financial results will be issued in the third quarter after the closure bell on Wednesday, May 14.
Analysts expect that San Jose, California, will report a quarterly profits at a price of 92 cents per share, an increase of 88 cents per share in the professional period. CISCO Projects quarterly revenues of $ 14.06 billion, compared to $ 12.7 billion in the previous year, according to data from Benzinga Pro.
On April 28, the Evercore ISI AmIT Daryani Group analyst maintained Cisco with a classification that excels in performance and reduced the target price from $ 75 to $ 67.
The last tanna on CISCO may have investors looking for possible gains from the company’s profits. Currently, CISCO offers 2.66 % annual profit dividends. This is the quarterly profits of 41 cents per share ($ 1.64 a year).
To learn how to earn $ 500 per month from CICO, we start with the annual goal of $ 6000 (500 x 12 months).
Next, we take this amount and divide it on CISCO $ 1.64: $ 6000 / $ 1.64 = 3,659 shares.
Therefore, the investor will need to own approximately $ 225,651 from CISCO, or 3659 shares to generate a monthly profit income of $ 500.
Assuming a more conservative goal of $ 100 per month ($ 1,200 annually), we do the same account: $ 1200 / 1.64 dollars = 732 shares, or 45,142 dollars to generate a monthly profit income of $ 100.
Investors should note that profit returns can change on the basis of a trader. Pay profits and the stock price fluctuate over time.
The profit return is calculated by dividing the annual payment of the current share price. As the share price changes, the profit return will also change.
For example, if the shares pay annual profits of $ 2 and its current price is $ 50, the profit distribution will be 4 %. However, if the share price increases to $ 60, the profit return will decrease to 3.33 % ($ 2/60 dollars).
On the contrary, if the share price decreases to $ 40, the profit return will increase to 5 % ($ 2/40 dollars).
Moreover, the batch of profits itself can change over time, which may also affect the profit return. If the company increases its profits, the profit returns will increase even if the share price is as it is. Likewise, if the company reduces its profits, the profit returns will decrease.
CSCO price work: Cisco shares gained 3.2 % to close at $ 61.67 on Monday.
Read more:
Photo: Shutterstock
