How To Earn $500 A Month From Delta Air Lines Stock Ahead Of Q2 Earnings

like Delta Air Lines, Inc. (NYSE: DAL) is preparing to unveil its profits in the second quarter on July 10, the air giant finds itself in a critical turn, facing a possible decrease in profits amid a background of strategic investments and the transfer of market dynamics.

Analysts expect the company to report a quarterly profits at $ 2.03 per share, a decrease of $ 2.36 per share in the last period. Delta Air Lines projects to report quarterly revenue of $ 16.18 billion, compared to $ 16.66 billion in the previous year, according to Benzinga Pro data.

Delta Air Lines and Corean Air announced on May 9 that it will buy minority shares of $ 550 million in Westjet.

With the last bowl around the Delta air lines, some investors may look forward to possible gains from the company’s profits. As of now, Delta Air Lines offers a 1.50 % annual profit dividend, which is an annual profit amount of 18 cents per share (75 cents annually).

So, how can investors take advantage of their profit return to earn $ 500 a month?

To earn $ 500 per month or $ 6000 annually of profits alone, you will need an investment of about 401,040 dollars or about 8000 shares. For $ 100 more humble per month or $ 1,200 a year, you will need 80,208 dollars or about 1,600 shares.

For account: Divide the required annual income ($ 6000 or $ 1,200) on profits ($ 0.75 in this case). Therefore, 6000 dollars / 0.75 dollars = 8000 dollars ($ 500 per month), and 1200 dollars / 0.75 dollars = 1,600 shares (100 dollars per month).

View more profits on Dal

Note that the profit return can change on the basis of rotation, as the price of profits and the stock price fluctuate over time.

How does this work: The profit return is calculated by dividing the annual profit payment on the current price of the share.

For example, if the shares are paying annual profits of $ 2, with a price currently $ 50, the profit return will be 4 % ($ 2/50 dollars). However, if the share price rises to $ 60, the profit returns decrease to 3.33 % ($ 2/60 dollars). On the contrary, if the share price decreases to $ 40, the profit return rises to $ 5 ($ 2/40 dollars).

Likewise, changes in the batch of profits can affect the return. If the company increases its profits, the return will also increase, provided that the share price remains the same. On the contrary, if the payment boost decreases, the return will take place.

Dal Price’s work: Delta Air Lines 2.3 % has gained to close at $ 50.13 on Wednesday.

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Photo: Kamilpetran/Shutterstock

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