How much would it take to earn $100 a month on Stanley Black & Decker stock?


How much would it take to earn $100 a month on Stanley Black & Decker stock?
How much would it take to earn $100 a month on Stanley Black & Decker stock?

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Stanley Black & Decker, Inc. (NYSE:SWK) offers hand tools, power tools, outdoor products and related accessories internationally.

It will report Q4 2024 earnings on February 5, 2025. Wall Street analysts expect the company to post EPS of $1.50, up from $0.92 in the year-ago period . Quarterly revenue is expected to be $3.62 billion, down from $3.74 billion in the year-ago period, according to data from Benzinga Pro.

Stanley Black & Decker’s 52-week price range was $77.70 to $110.88.

Stanley Black & Decker’s dividend yield is 4.02%. Over the past 12 months, it paid $3.28 per share in dividends.

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On Oct. 29, the company announced its third-quarter 2024 earnings, with sales falling 5.2% year over year to $3.751 billion, missing the consensus estimate of $3.804 billion, according to he reported Gasoline.

Revenues declined as DEWALT growth was offset by mixed market demand; infrastructure divestment affected revenue growth by -2%. Gross profit increased 5.7% to $1.12 billion and gross margin expanded 310 basis points to 29.9%. Adjusted EPS of $1.22 beat analysts’ consensus of $1.05.

The company revised its 2024 adjusted EPS outlook to $3.90 – $4.30 (from $3.70 to $4.50) versus the estimate of $4.20.

Check this out article by Benzingawhich looks at Stanley Black & Decker’s recent short interest.

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If you want to earn $100 per month, $1,200 per year, from Stanley Black & Decker dividends, your investment value should be approximately $29,851, which is about 366 shares at $81.65 each.

Understanding Dividend Yield Calculations: When estimating, you need two key variables: the desired annual income ($1,200) and the dividend yield (4.02% in this case). So $1,200 / 0.0402 = $29,851 to generate an income of $100 per month.

You can calculate the dividend yield by dividing the annual dividend payments by the current share price.



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