The Procter and Gambling Fund from Q3 earnings can be earned $ 500 per month

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Procter & Gamble (NYSE:PQ) before the third quarterly earnings will leave the results Play call on Thursday April 24th.

Analysts, Ohio-centered company, from $ 1.52 per share of the year, they expect $ 1.52 per share, report to $ 1.52 per share. According to the report, the quarterly revenues compared to $ 20.2 billion, compared to $ 20.2 billion in quarterly income compared to $ 20.2 billion Gasoline pro.

On Tuesday, RBC Capital analyst Nick Modi repeated a sector and gambling with an sector with a sector and maintained a $ 164 price target.

With the latest noise around Procter & Gamble, some investors can also wait for potential benefits from the company’s dividends. Currently Procter & Gamble offers a 2.52% annual dividend product. This is a quarterly dividend amount of $ 1.06 per share ($ 4.227).

Thus, investors can exploit the dividend product for $ 500 monthly monthly?

Only $ 500 per month or $ 6,000 worth of dividends, about $ 2,28,2222 or about 1419 shares need an investment. More modest per month, you will need more modest $ 100 or $ 1200, 47,678 or 284 shares.

To calculate: Divide the desired annual income ($ 6,000 or $ 1,200) with a dividend ($ 4.227). Thus, $ 6,000 / $ 4.227 = 1.419 ($ 500 per month) and $ 1200 / $ 4.227 = 284 shares ($ 100 per month).

See more gains in PG

It should be noted that dividend payment, dividend payment and the exchange price changes in time.

How does this work: Dividend revenues are calculated by dividing the annual dividend by the current price of shares.

For example, if a share pays a $ 2 billend per year and is currently values ​​at $ 50, the dividend product will be 4% ($ 2 / $ 50). However, if the stock price increases to $ 60, dividend revenues decreases to 3.33% ($ 2/60). On the contrary, if the stock price falls for $ 40, the dividend product rises to 5% ($ 2/40).

Similarly, the payments in the dividend may affect productivity. If the stock price of a company increases its dividend, if the stock price is the same, productivity will increase. On the contrary, if dividend pays, it will be product.

PG Price Activity: Procter & Gamble’s shares earned 1.3% to close $ 167.88 on Tuesday.

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