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US July Tariff Revenue Jump Fails to Halt Wider Budget Deficit

US July Tariff Revenue Jump Fails to Halt Wider Budget Deficit

Bloomberg2 days ago
US tariff revenue reached a fresh monthly record in July, though the increase wasn't enough to prevent a widening in the monthly budget deficit — pointing to the federal government's continuing fiscal challenges.
Customs duties climbed to $28 billion last month, marking a 273% surge over July last year, a Treasury Department release showed on Tuesday. At the same time, the monthly budget deficit came in at $291 billion, or 10% more than the same month a year before, after accounting for calendar differences.
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How To Earn $500 A Month From Applied Materials Stock Ahead Of Q3 Earnings
How To Earn $500 A Month From Applied Materials Stock Ahead Of Q3 Earnings

Yahoo

time25 minutes ago

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How To Earn $500 A Month From Applied Materials Stock Ahead Of Q3 Earnings

Applied Materials, Inc. (NASDAQ:AMAT) will release earnings results for the third quarter after the closing bell on Thursday, Aug. 14. Analysts expect the tech company to report quarterly earnings at $2.36 per share, up from $2.12 per share in the year-ago period. Applied Materials—a supplier of chipmaking equipment to Texas Instruments' U.S. factories— projects to report quarterly revenue at $7.22 billion, compared to $6.78 billion a year earlier, according to data from Benzinga Pro. Some investors may be eyeing potential gains from the company's dividends. The company currently offers an annual dividend yield of 0.97%. That's a quarterly dividend amount of 46 cents per share ($1.84 a year). To figure out how to earn $500 monthly from Applied Materials, we start with the yearly target of $6,000 ($500 x 12 months). Next, we take this amount and divide it by Applied Materials' $1.84 dividend: $6,000 / $1.84 = 3,261 shares. So, an investor would need to own approximately $619,688 worth of Applied Materials, or 3,261 shares to generate a monthly dividend income of $500. Assuming a more conservative goal of $100 monthly ($1,200 annually), we do the same calculation: $1,200 / $1.84 = 652 shares, or $123,900 to generate a monthly dividend income of $100. View more earnings on AMAT Note that dividend yield can change on a rolling basis. The dividend payment and the stock price both fluctuate over time. The dividend yield is calculated by dividing the annual dividend payment by the current stock price. As the stock price changes, the dividend yield will also change. For example, if a stock pays an annual dividend of $2 and its current price is $50, its dividend yield would be 4%. However, if the stock price increases to $60, the dividend yield would decrease to 3.33% ($2/$60). Conversely, if the stock price decreases to $40, the dividend yield would increase to 5% ($2/$40). Further, the dividend payment itself can also change over time, which can also impact the dividend yield. If a company increases its dividend payment, the dividend yield will increase even if the stock price remains the same. Similarly, if a company decreases its dividend payment, the dividend yield will decrease. AMAT Price Action: Shares of Applied Materials rose by 0.8% to close at $190.03 on More: Image: Shutterstock UNLOCKED: 5 NEW TRADES EVERY WEEK. Click now to get top trade ideas daily, plus unlimited access to cutting-edge tools and strategies to gain an edge in the markets. Get the latest stock analysis from Benzinga? APPLIED MAT (AMAT): Free Stock Analysis Report This article How To Earn $500 A Month From Applied Materials Stock Ahead Of Q3 Earnings originally appeared on © 2025 Benzinga does not provide investment advice. All rights reserved.

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