How To Earn $500 A Month From Dell Stock Ahead Of Q2 Earnings

Dell Technologies Inc. (NYSE:DELL) will release earnings results for the second quarter, after the closing bell on Thursday, Aug. 28.

Analysts expect the Round Rock, Texas-based company to report quarterly earnings at $2.29 per share. That’s up from $1.89 per share in the year-ago period.

With the recent buzz around Dell, some investors may be eyeing potential gains from the company's dividends. Currently, Dell offers an annual dividend yield of 1.58%, which is a quarterly dividend amount of 53 cents per share ($2.10 a year).

To earn $500 monthly from Dell, start with the yearly target of $6,000 ($500 x 12 months).

Next, we take this amount and divide it by Dell's $2.10 dividend: $6,000 / $2.10 = 2,857 shares.

So, an investor would need to own ...