How to Earn $500 A Month From Occidental Petroleum Stock Ahead of Q3 Earnings - Occidental Petroleum…

Benzinga · Avi Kapoor ·

Occidental Petroleum is set to report Q3 earnings. Analysts expect $1.47 EPS and $6.89B revenue; its 1.99% yield requires $301,921 for $500

Currently, Occidental Petroleum has an annual dividend yield of 1.99%, or a quarterly dividend of 28 cents per share ($1.12 a year).

So, how can investors exploit its dividend yield to pocket a regular $500 monthly?

To earn $500 per month or $6,000 annually from dividends alone, you would need an investment of about $301,921 or around 5,357 shares. For a more modest $100 per month or $1,200 per year, you would need $60,362 or around 1,071 shares.

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