How much does it take to earn $100 a month from Stanley Black and Decker stocks?
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Stanley Black & Decker, Inc. (NYSE:SWK) provides hand tools, power tools, outdoor products and related accessories worldwide.
It will report its Q4 2024 earnings on February 5, 2025. Wall Street analysts forecast that the company will post EPS of $1.50, up from $0.92 last year. According to Benzinga Pro data, revenue for the quarter is expected to be $3.62 billion, down from $3.74 billion last year.
The 52-week range for Stanley Black & Decker was $77.70 to $110.88.
Stanley Black & Decker’s dividend yield is 4.02%. It has paid $3.28 in dividends over the past 12 months.
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On October 29, the company announced its Q3 2024 earnings, posting a 5.2% year-over-year sales decline to $3.751 billion, missing the consensus estimate of $3.804 billion, according to reports. to fuel.
Revenue declined as DEWALT’s growth was offset by mixed-end market demand. The development of infrastructure affected the growth of income -2 percent. Gross profit increased 5.7% to $1.12 billion and gross margin increased 310 basis points to 29.9%. Adjusted EPS of $1.22 beat the analyst consensus of $1.05.
The company revised its adjusted 2024 EPS outlook to $3.90 – $4.30 (from $3.70 – $4.50) versus an estimate of $4.20.
Look at this Article by BenzingaRegarding Stanley Black & Decker’s recent short interest.
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If you want to receive $100 a month – $1,200 a year – in dividends from Stanley Black & Decker, your investment value should be approximately $29,851, which is 366 shares at $81.65 each.
Understanding Profitability Calculation: When estimating, you will need two key variables – the required annual income ($1,200) and the profit margin (in this case 4.02%). So to generate $100 per month, $1,200 / 0.0402 = $29,851.
You can calculate the dividend yield by dividing the annual dividend payments by the stock price.