How To Earn $500 A Month From Zions Bancorp Stock Ahead Of Q1 Earnings

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Zions Bancorporation, National Association (NASDAQ:ZION) will release earnings for its first quarter after the closing bell on Monday, April 20.

Analysts expect the Salt Lake City, Utah-based company to report quarterly earnings of $1.43 per share, up from $1.13 per share in the year-ago period. The consensus estimate for Zions Bancorp’s quarterly revenue is $855.145 million. It reported $806 million last year, according to Benzinga Pro.

Some Zions investors may be eyeing potential gains from the company’s dividends. Currently, the bank has an annual dividend yield of 2.92%. That’s a quarterly dividend amount of 45 cents per share ($1.80 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 approximately $205,113 or around …

Full story available on Benzinga.com

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