How to earn $ 500 a month of Oxford Industries before the fourth quarter profits

Oxford Industries, Inc. (NYSE:OxmIt will be issued its financial results in the fourth quarter after the closing bell On Thursday, March 27.

Analysts expect that the company will report a quarterly profits at $ 1.27 per share, a decrease of $ 1.90 per share in the last period. The Oxford Industries Project, the quarterly revenue, amounted to $ 383.94 million, compared to $ 404.43 million in the previous year, according to data from Gasoline.

On Monday, Dana Telsey, Telsey Consulting analyst, maintained Oxford Industries by classifying market performance and cutting the target price from $ 86 to $ 68.

With a modern sensation about Oxford Industries, some investors may also look forward to possible gains from the company’s profits as well. Currently, Oxford Industries offers an annual dividend revenue of 4.34 %. This is a quarterly profit amount of 67 cents per share ($ 2.68 a year).

So, how can investors take advantage of their profit return for a pocket of $ 500 per month?

To earn $ 500 per month or $ 6000 annually of profits alone, you will need to invest about 138303 dollars or about 2,239 shares. For $ 100 more humble per month or $ 1,200 a year, you will need $ 27,673 or about 448 shares.

For account: Divide the required annual income ($ 6,000 or $ 1,200) on profits ($ 2.68 in this case). Therefore, 6000 dollars / 2.68 dollars = 2,239 ($ 500 per month), and 1200 dollars / 2.68 dollars = 448 shares (100 dollars per month).

View more profits on Oxm

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.

OxM Prices: Oxford Industries gained 0.6 % to close at $ 61.77 on Wednesday.

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